Baidu Inc ADR [BIDU] stock prices are down -1.15% to $87.95 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BIDU shares have gain 1.70% over the last week, with a monthly amount drifted -9.70%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Baidu Inc ADR [NASDAQ: BIDU] stock has seen the most recent analyst activity on May 17, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $125 from $140. On November 22, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $145 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $190 on June 20, 2023. Bernstein upgraded its rating to a Outperform but $160 remained the price target by the analyst firm on May 01, 2023. UBS reiterated a Buy rating for this stock on April 21, 2023, and downed its price target to $180.
The stock price of Baidu Inc ADR [BIDU] has been fluctuating between $85.08 and $156.98 over the past year. Currently, Wall Street analysts expect the stock to reach $198.52 within the next 12 months. Baidu Inc ADR [NASDAQ: BIDU] shares were valued at $87.95 at the most recent close of the market. An investor can expect a potential return of 125.72% based on the average BIDU price forecast.
Analyzing the BIDU fundamentals
The Baidu Inc ADR [NASDAQ:BIDU] reported sales of 18.82B for trailing twelve months, representing a drop of -3.69%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 87.03 points at the first support level, and at 86.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 88.77, and for the 2nd resistance point, it is at 89.60.
Ratios To Look Out For
It’s worth pointing out that Baidu Inc ADR [NASDAQ:BIDU]’s Current Ratio is 2.79. In addition, the Quick Ratio stands at 2.79 and the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 11.61.
