The stock of Baidu Inc. (BIDU) has gone up by 2.37% for the week, with a -9.72% drop in the past month and a 12.94% rise in the past quarter. The volatility ratio for the week is 4.28%, and the volatility levels for the past 30 days are 3.86% for BIDU. The simple moving average for the last 20 days is -4.46% for BIDU stock, with a simple moving average of 5.63% for the last 200 days.
Is It Worth Investing in Baidu Inc. (NASDAQ: BIDU) Right Now?
The price-to-earnings ratio for Baidu Inc. (NASDAQ: BIDU) is above average at 82.98x, while the 36-month beta value is 0.66.Analysts have differing opinions on the stock, with 37 analysts rating it as a “buy,” 6 as “overweight,” 8 as “hold,” and 1 as “sell.”
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The average price point forecasted by analysts for Baidu Inc. (BIDU) is $1216.05, which is $43.83 above the current market price. The public float for BIDU is 274.55M, and currently, short sellers hold a 2.27% ratio of that floaft. The average trading volume of BIDU on March 16, 2023 was 3.80M shares.
BIDU) stock’s latest price update
Baidu Inc. (NASDAQ: BIDU)’s stock price has increased by 1.11 compared to its previous closing price of 133.10. but the company has seen a 2.37% gain in its stock price over the last five trading sessions. The Wall Street Journal reported 3 hours ago that Baidu’s ChatGPT Rival Ernie Bot Didn’t Go Live at Its Launch Party
Analysts’ Opinion of BIDU
The stock of Baidu Inc. (BIDU) has gone up by 2.37% for the week, with a -9.72% drop in the past month and a 12.94% rise in the past quarter. The volatility ratio for the week is 4.28%, and the volatility levels for the past 30 days are 3.86% for BIDU. The simple moving average for the last 20 days is -4.46% for BIDU stock, with a simple moving average of 5.63% 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 -3.53% 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 -16.35% of loss for the given period.
Volatility was left at 3.86%, however, over the last 30 days, the volatility rate increased by 4.28%, as shares sank -12.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.80% upper at present.
During the last 5 trading sessions, BIDU rose by +1.32%, which changed the moving average for the period of 200-days by -4.24% in comparison to the 20-day moving average, which settled at $139.91. In addition, Baidu Inc. saw 17.66% 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:
- +12.87 for the present operating margin
- +48.30 for the gross margin
The net margin for Baidu Inc. stands at +6.11. The total capital return value is set at 4.87, while invested capital returns managed to touch 2.58. 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 40.88 points at debt to equity in total, while total debt to capital is 29.02. Total debt to assets is 23.37, with long-term debt to equity ratio resting at 30.42. Finally, the long-term debt to capital ratio is 21.60.
When we switch over and look at the enterprise to sales, we see a ratio of 1.75, with the company’s debt to enterprise value settled at 0.46. The receivables turnover for the company is 7.69 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.67.
Conclusion
In a nutshell, Baidu Inc. (BIDU) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
