Baidu Inc ADR [BIDU] stock is trading at $86.20, up 1.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BIDU shares have gain 3.84% over the last week, with a monthly amount drifted -7.46%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Baidu Inc ADR [NASDAQ: BIDU] stock has seen the most recent analyst activity on July 15, 2024, when Jefferies reiterated its Buy rating and also revised its price target to $174 from $179. Previously, Citigroup reaffirmed its Buy rating on July 15, 2024, and dropped its price target to $155. On May 17, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $125 on the stock. Nomura upgraded its rating to a Buy but $145 remained the price target by the analyst firm on November 22, 2023. Morgan Stanley upgraded its rating to Overweight for this stock on June 20, 2023, and upped its price target to $190. In a note dated May 01, 2023, Bernstein upgraded an Outperform rating on this stock but restated the target price of $160.
Baidu Inc ADR [BIDU] stock has fluctuated between $79.68 and $151.00 over the past year. Currently, Wall Street analysts expect the stock to reach $195.41 within the next 12 months. Baidu Inc ADR [NASDAQ: BIDU] shares were valued at $86.20 at the most recent close of the market. An investor can expect a potential return of 126.69% based on the average BIDU price forecast.
Analyzing the BIDU fundamentals
Baidu Inc ADR [NASDAQ:BIDU] reported sales of 18.82B for the trailing twelve months, which represents 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 85.22 points at the first support level, and at 84.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.86, and for the 2nd resistance point, it is at 87.52.
Ratios To Look Out For
For context, Baidu Inc ADR’s Current Ratio is 2.79. Also, the Quick Ratio is 2.79, while the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 1.34, the price to book ratio is 0.88 and price to earnings (TTM) ratio is 11.38.
