A new trading day began on Tuesday, with Baidu Inc ADR (NASDAQ: BIDU) stock price up 1.57% from the previous day of trading, before settling in for the closing price of $90.46. BIDU’s price has ranged from $79.68 to $126.23 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 4.68% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -4.16%. With a float of $292.06 million, this company’s outstanding shares have now reached $292.07 million.
In an organization with 39800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 51.5%, operating margin of 17.13%, and the pretax margin is 18.16%.
Baidu Inc ADR (BIDU) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Baidu Inc ADR is 0.00%, while institutional ownership is 23.91%. The most recent insider transaction that took place on Oct 01 ’24, was worth 41,589,550.
Baidu Inc ADR (BIDU) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 2.86 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.48% during the next five years compared to -8.12% drop over the previous five years of trading.
Baidu Inc ADR (NASDAQ: BIDU) Trading Performance Indicators
Here are Baidu Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.64, a number that is poised to hit 2.52 in the next quarter and is forecasted to reach 11.28 in one year’s time.
Technical Analysis of Baidu Inc ADR (BIDU)
Let’s dig in a bit further. During the last 5-days, its volume was 2.33 million. That was inferior than the volume of 3.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.84%. Additionally, its Average True Range was 2.96.
During the past 100 days, Baidu Inc ADR’s (BIDU) raw stochastic average was set at 33.36%, which indicates a significant decrease from 44.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.61% in the past 14 days, which was lower than the 42.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.92, while its 200-day Moving Average is $97.34. However, in the short run, Baidu Inc ADR’s stock first resistance to watch stands at $92.60. Second resistance stands at $93.31. The third major resistance level sits at $93.88. If the price goes on to break the first support level at $91.31, it is likely to go to the next support level at $90.74. The third support level lies at $90.03 if the price breaches the second support level.
Baidu Inc ADR (NASDAQ: BIDU) Key Stats
With a market capitalization of 26.84 billion, the company has a total of 350,649K Shares Outstanding. Currently, annual sales are 18,958 M while annual income is 2,861 M. The company’s previous quarter sales were 4,669 M while its latest quarter income was 755,000 K.
