Baidu Inc. (NASDAQ:BIDU) went down by -2.60% from its latest closing price compared to the recent 1-year high of $171.87. The company’s stock price has collected 1.66% of gains in the last five trading sessions. Barron’s reported on 11/22/22 that Baidu Beats Revenue Expectations Despite Covid-19 Worries
Is It Worth Investing in Baidu Inc. (NASDAQ :BIDU) Right Now?
Baidu Inc. (NASDAQ:BIDU) scored a price-to-earnings ratio above its average ratio, recording 80.53 x from its present earnings ratio. Plus, the 36-month beta value for BIDU is at 0.64. Opinions of the stock are interesting as 34 analysts out of 49 who provided ratings for Baidu Inc. declared the stock was a “buy,” while 4 rated the stock as “overweight,” 10 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $1144.35, which is $32.82 above the current price. BIDU currently public float of 271.88M and currently shorts hold a 2.31% ratio of that float. Today, the average trading volume of BIDU was 3.66M shares.
BIDU’s Market Performance
BIDU stocks went up by 1.66% for the week, with a monthly jump of 17.21% and a quarterly performance of 45.56%, while its annual performance rate touched -15.33%. The volatility ratio for the week stands at 2.94% while the volatility levels for the past 30 days are set at 3.61% for Baidu Inc. The simple moving average for the period of the last 20 days is 4.66% for BIDU stocks with a simple moving average of 7.18% for the last 200 days.
Analysts’ Opinion of BIDU
JP Morgan, on the other hand, stated in their research note that they expect to see BIDU reach a price target of $200, previously predicting the price at $160. The rating they have provided for BIDU stocks is “Overweight” according to the report published on September 01st, 2022.
Macquarie gave a rating of “Outperform” to BIDU, setting the target price at $188 in the report published on August 23rd of the previous year.
BIDU Trading at 16.83% from the 50-Day Moving Average
After a stumble in the market that brought BIDU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.74% of loss for the given period.
Volatility was left at 3.61%, however, over the last 30 days, the volatility rate increased by 2.94%, as shares surge +17.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.07% upper at present.
During the last 5 trading sessions, BIDU rose by +1.66%, which changed the moving average for the period of 200-days by -5.15% in comparison to the 20-day moving average, which settled at $127.88. In addition, Baidu Inc. saw 16.10% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BIDU
Current profitability levels for the company are sitting at:
- +8.45 for the present operating margin
- +48.34 for the gross margin
The net margin for Baidu Inc. stands at +7.93. The total capital return value is set at 3.52, while invested capital returns managed to touch 3.66. Equity return is now at value 1.90, with 1.00 for asset returns.
Based on Baidu Inc. (BIDU), the company’s capital structure generated 44.76 points at debt to equity in total, while total debt to capital is 30.92. Total debt to assets is 24.90, with long-term debt to equity ratio resting at 36.47. Finally, the long-term debt to capital ratio is 25.19.
When we switch over and look at the enterprise to sales, we see a ratio of 1.66, with the company’s debt to enterprise value settled at 0.38. The receivables turnover for the company is 9.41 and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.86.