Currently, there are 279.91M 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 10.45% and 14.43% over the past three months. BIDU shares are trading 21.30% year to date (YTD), with the 12-month market performance down to -5.21% 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 4.68 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 12.31%, 15.58%, and 13.85% respectively.
Institutional ownership of Baidu Inc ADR (NASDAQ: BIDU) shares accounts for 25.29% of the company’s 279.91M shares outstanding.
It has a market capitalization of $28.63B and a beta (3y monthly) value of 0.32. The stock’s trailing 12-month PE ratio is 10.94, while the earnings-per-share (ttm) stands at $9.35. The company has a PEG of 1.95 and a Quick Ratio of 2.19 with the debt-to-equity ratio at 0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.45% over the week and 3.97% over the month.
Earnings per share for the fiscal year are expected to decrease by -4.59%, and 10.29% over the next financial year. EPS should shrink at an annualized rate of 5.61% over the next five years, compared to 61.93% over the past 5-year period.
JP Morgan was of a view on November 27, 2024 that the stock is Neutral, while Susquehanna gave the stock Neutral rating on November 25, 2024, issuing a price target of $105- $85. China Renaissance on their part issued Hold rating on November 25, 2024.
