Baidu Inc ADR [BIDU] stock prices are up 2.44% to $88.51 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BIDU shares have gain 6.74% over the last week, with a monthly amount glided 0.06%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Baidu Inc ADR [NASDAQ: BIDU] stock has seen the most recent analyst activity on November 27, 2024, when JP Morgan downgraded its rating to a Neutral. Previously, Susquehanna downgraded its rating to Neutral on November 25, 2024, and dropped its price target to $85. On November 25, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $86 on the stock. Barclays downgraded its rating to a Equal Weight. HSBC Securities downgraded its rating to a Hold but $100 remained the price target by the analyst firm on September 24, 2024. Bernstein downgraded its rating to Mkt Perform for this stock on August 23, 2024, and downed its price target to $97. In a note dated July 15, 2024, Jefferies reiterated an Buy rating on this stock and revised its target price from $179 to $174.
The stock price of Baidu Inc ADR [BIDU] has been fluctuating between $77.19 and $116.25 over the past year. Currently, Wall Street analysts expect the stock to reach $115 within the next 12 months. Baidu Inc ADR [NASDAQ: BIDU] shares were valued at $88.51 at the most recent close of the market. An investor can expect a potential return of 29.93% based on the average BIDU price forecast.
Analyzing the BIDU fundamentals
The Baidu Inc ADR [NASDAQ:BIDU] reported sales of 18.59B for trailing twelve months, representing a drop of -1.51%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 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 0.3.
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 87.28 points at the first support level, and at 86.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.08, and for the 2nd resistance point, it is at 91.66.
Ratios To Look Out For
It’s worth pointing out that Baidu Inc ADR [NASDAQ:BIDU]’s Current Ratio is 2.19. On the other hand, the Quick Ratio is 2.19, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 10.92.
Transactions by insiders
Recent insider trading involved MELISSA DONGMIN MA, Other: Affiliate, that happened on Jan 02 ’25 when 0.5 million shares were purchased. Director, Ye Judy Qing completed a deal on Nov 26 ’24 to buy 1500.0 shares. Meanwhile, Director Callinicos Brent bought 4900.0 shares on Nov 22 ’24.
