PDD Holdings Inc ADR [PDD] stock is trading at $110.33, up 10.45%. An important factor to consider is whether the stock is rising or falling in short-term value. The PDD shares have gain 11.47% over the last week, with a monthly amount drifted -12.35%, and not 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 November 22, 2024, when JP Morgan downgraded its rating to a Neutral. Previously, Macquarie upgraded its rating to Outperform on October 07, 2024, and elevated its price target to $224. On August 27, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $120 on the stock. Jefferies reiterated its Buy rating and decreased its price target to $151 on August 26, 2024. Macquarie downgraded its rating to a Neutral. Goldman upgraded its rating to Buy for this stock on May 24, 2024, and upped its price target to $184. In a note dated March 11, 2024, Jefferies upgraded an Buy rating on this stock and boosted its target price from $117 to $157.
PDD Holdings Inc ADR [PDD] stock has fluctuated between $88.01 and $164.69 over the past year. Currently, Wall Street analysts expect the stock to reach $168 within the next 12 months. PDD Holdings Inc ADR [NASDAQ: PDD] shares were valued at $110.33 at the most recent close of the market. An investor can expect a potential return of 52.27% based on the average PDD price forecast.
Analyzing the PDD fundamentals
PDD Holdings Inc ADR [NASDAQ:PDD] reported sales of 51.64B for the trailing twelve months, which represents a growth of 45.92%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.28%, 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 0.46 and Total Capital is 0.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 107.13 points at the first support level, and at 103.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 113.72, and for the 2nd resistance point, it is at 117.12.
Ratios To Look Out For
For context, PDD Holdings Inc ADR’s Current Ratio is 2.15. On the other hand, the Quick Ratio is 2.15, and the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 3.86 and price to earnings (TTM) ratio is 10.85.
Transactions by insiders
Recent insider trading involved Zhao Jiazhen, Officer, that happened on Dec 09 ’24 when 16.0 shares were purchased. Director, Kam Anthony Ping Leung completed a deal on Sep 25 ’24 to buy 2343.0 shares.
