Currently, there are 285.05M common shares owned by the public and among those 279.90M shares have been available to trade.
The company’s stock has a 5-day price change of 1.40% and 1.81% over the past three months. BIDU shares are trading 10.16% year to date (YTD), with the 12-month market performance down to -11.53% lower. It has a 12-month low price of $77.19 and touched a high of $116.25 over the same period. BIDU has an average intraday trading volume of 3.28 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.34%, 8.24%, and 1.19% respectively.
Institutional ownership of Baidu Inc ADR (NASDAQ: BIDU) shares accounts for 25.53% of the company’s 285.05M shares outstanding.
It has a market capitalization of $26.00B and a beta (3y monthly) value of 0.47. The stock’s trailing 12-month PE ratio is 11.46, while the earnings-per-share (ttm) stands at $8.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.29% over the week and 3.21% over the month.
Analysts forecast that Baidu Inc ADR (BIDU) will achieve an EPS of 13.72 for the current quarter, 13.64 for the next quarter and 72.5 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 8.04 while analysts give the company a high EPS estimate of 8.04. Comparatively, EPS for the current quarter was 21.86 a year ago. Earnings per share for the fiscal year are expected to decrease by -10.66%, and -0.08% over the next financial year. EPS should grow at an annualized rate of -0.65% over the next five years, compared to -8.12% over the past 5-year period.
Susquehanna coverage for the Baidu Inc ADR (BIDU) stock in a research note released on November 25, 2024 offered a Neutral rating with a price target of $85. HSBC Securities on their part issued Hold rating on September 24, 2024.