The stock of Baidu Inc ADR (BIDU) has seen a -2.84% decrease in the past week, with a -12.84% drop in the past month, and a -20.50% decrease in the past quarter. The volatility ratio for the week is 1.47%, and the volatility levels for the past 30 days are at 1.75% for BIDU. The simple moving average for the last 20 days is -6.66% for BIDU stock, with a simple moving average of -21.03% for the last 200 days.
Is It Worth Investing in Baidu Inc ADR (NASDAQ: BIDU) Right Now?
Baidu Inc ADR (NASDAQ: BIDU) has a price-to-earnings ratio of 11.38x that is above its average ratio. Additionally, the 36-month beta value for BIDU is 0.49. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 8 rating it as “overweight,” 12 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for BIDU is 292.03M and currently, short sellers hold a 2.18% ratio of that float. The average trading volume of BIDU on July 02, 2024 was 3.21M shares.
BIDU) stock’s latest price update
The stock price of Baidu Inc ADR (NASDAQ: BIDU) has plunged by -0.31 when compared to previous closing price of 86.48, but the company has seen a -2.84% decline in its stock price over the last five trading sessions. investorplace.com reported 2024-07-01 that Undervalued stocks, let’s talk about them. Typically, when you come across a list of equities that are supposedly discounted, you’re dealing with industry comparisons.
Analysts’ Opinion of BIDU
Many brokerage firms have already submitted their reports for BIDU stocks, with Morgan Stanley repeating the rating for BIDU by listing it as a “Equal-Weight.” The predicted price for BIDU in the upcoming period, according to Morgan Stanley is $125 based on the research report published on May 17, 2024 of the current year 2024.
Macquarie, on the other hand, stated in their research note that they expect to see BIDU reach a price target of $150. The rating they have provided for BIDU stocks is “Outperform” according to the report published on January 11th, 2024.
Nomura gave a rating of “Buy” to BIDU, setting the target price at $145 in the report published on November 22nd of the previous year.
BIDU Trading at -13.71% 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 -45.08% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares sank -11.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.80% lower at present.
During the last 5 trading sessions, BIDU fell by -2.84%, which changed the moving average for the period of 200-days by -37.29% in comparison to the 20-day moving average, which settled at $91.81. In addition, Baidu Inc ADR saw -27.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BIDU
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.52 for the gross margin
The net margin for Baidu Inc ADR stands at 0.14. The total capital return value is set at 0.07. Equity return is now at value 7.91, with 4.64 for asset returns.
Based on Baidu Inc ADR (BIDU), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 6.95.
Currently, EBITDA for the company is 36.88 billion with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 2.05. The receivables turnover for the company is 11.15for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.79.
Conclusion
In conclusion, Baidu Inc ADR (BIDU) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
