PDD Holdings Inc ADR [PDD] stock prices are up 5.30% to $105.57 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 PDD shares have gain 11.50% over the last week, with a monthly amount glided 5.98%, and seem to be holding up well over a long-time horizon.
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.
The stock price of PDD Holdings Inc ADR [PDD] has been fluctuating 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 $105.57 at the most recent close of the market. An investor can expect a potential return of 59.14% based on the average PDD price forecast.
Analyzing the PDD fundamentals
The PDD Holdings Inc ADR [NASDAQ:PDD] reported sales of 51.64B for trailing twelve months, representing a surge 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 101.67 points at the first support level, and at 97.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 108.11, and for the 2nd resistance point, it is at 110.64.
Ratios To Look Out For
It’s worth pointing out that PDD Holdings Inc ADR [NASDAQ:PDD]’s Current Ratio is 2.15. In addition, the Quick Ratio stands at 2.15 and the Cash Ratio stands at 0.36. Considering the valuation of this stock, the price to sales ratio is 2.84, the price to book ratio is 3.69 and price to earnings (TTM) ratio is 10.38.
Transactions by insiders
Recent insider trading involved Zhao Jiazhen, Officer, that happened on Dec 30 ’24 when 40000.0 shares were purchased. Officer, Zhao Jiazhen completed a deal on Dec 09 ’24 to buy 16.0 shares. Meanwhile, Director Kam Anthony Ping Leung bought 2343.0 shares on Sep 25 ’24.
