At the time of writing, PDD Holdings Inc ADR [PDD] stock is trading at $154.27, up 1.08%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PDD shares have gain 13.95% over the last week, with a monthly amount glided 66.45%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PDD Holdings Inc ADR [NASDAQ: PDD] stock has seen the most recent analyst activity on August 27, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $120 from $194. Previously, Jefferies reaffirmed its Buy rating on August 26, 2024, and dropped its price target to $151. On August 26, 2024, downgrade downgraded it’s rating to Neutral. Goldman upgraded its rating to a Buy and increased its price target to $184 on May 24, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $157 on March 11, 2024. Goldman downgraded its rating to Neutral for this stock on March 11, 2024, but kept the price target unchanged to $136.
For the past year, the stock price of PDD Holdings Inc ADR fluctuated between $88.01 and $164.69. Currently, Wall Street analysts expect the stock to reach $151.61 within the next 12 months. PDD Holdings Inc ADR [NASDAQ: PDD] shares were valued at $154.27 at the most recent close of the market. An investor can expect a potential drop of -1.72% based on the average PDD price forecast.
Analyzing the PDD fundamentals
According to PDD Holdings Inc ADR [NASDAQ:PDD], the company’s sales were 47.27B for trailing twelve months, which represents an 79.95% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.48 and Total Capital is 0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
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 151.41 points at the first support level, and at 148.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 156.40, and for the 2nd resistance point, it is at 158.53.
Ratios To Look Out For
It is important to note that PDD Holdings Inc ADR [NASDAQ:PDD] has a current ratio of 2.11. Also, the Quick Ratio is 2.11, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 4.53, the price to book ratio is 6.13 and price to earnings (TTM) ratio is 16.64.
Transactions by insiders
Recent insider trading involved Kam Anthony Ping Leung, Director, that happened on Sep 25 ’24 when 2343.0 shares were purchased.
