A Peek At What Baidu Inc. (BIDU) Insiders Are Doing

Baidu Inc. (NASDAQ:BIDU) saw a downside of -3.42% to close Monday at $146.39 after subtracting -$5.19 on the day. The 5-day average trading volume is 3,053,340 shares of the company’s common stock. It has gained $157.10 in the past week. An average of 3,914,775 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,033,116.

BIDU’s 1-month performance is -9.84% or -$16.59 on its low of $144.51 reached on 10/04/21. The company’s shares have touched a 52-week low of $123.50 and high of $354.82, with the stock’s rally to the 52-week high happening on 02/22/21. YTD, BIDU has lost -32.30% or -$69.85. However, the current price is down -58.74%% from the 52-week high price.


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Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 182.91 and a low of 7.181. BIDU stock has a beta of 1.01. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.82 while the price-to-book (PB) in the most recent quarter is 1.43.

Baidu Inc.’s quick ratio for the period ended June 29 was 3.10, with the current ratio over the same period at 3.10 meaning that BIDU stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.32, while the total debt to equity was 0.36. In terms of profitability, the gross margin trailing 12 months is 50.60%The trailing 12-month EBITDA margin is 19.22% while for the period ending June 29; Baidu Inc.’s operating margin was 14.70%. The firm’s gross profit as reported stood at $7.96 billion against revenue of $16.41 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Baidu Inc.’s cash and short-term investments amounted to $19.37 billion against total debt of $89.2 billion. Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected BIDU to announce $2.02 per share in earnings in its latest quarter, but it posted $2.39, representing a 18.30% surprise. EBITDA for the quarter stood at more than $536.0 million. BIDU stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 23.97 billion, with total debt at $89.2 billion

Technical Picture

Let’s look briefly at Baidu Inc. (BIDU) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 October was 29.21% to suggest the stock is trending oversold, with historical volatility in this time period at 26.37%.

The stock’s 5-day moving average is $151.53, reflecting a -6.72% or -$10.55 change from its current price. BIDU is currently trading -10.18% above its 20-day SMA, -20.13% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -15.21% and -23.11% respectively.

Stochastic %K and %D was 10.54% and 8.85% and the average true range (ATR) pointed at 5.00. The RSI (14) points at 35.32%, while the 14-day stochastic is at 9.80% with the period’s ATR at 5.13. The stock’s 9-day MACD Oscillator is pointing at -4.04 and -5.59 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Baidu Inc. (NASDAQ: BIDU), Oppenheimer reiterated its an Outperform rating for the company but lifted their price target by $355 to $320. Analysts offering their rating for BIDU stock have a consensus rating for the stock as Buy. Currently, 1 brokerage advisors rate BIDU as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 33 have offered a “buy” rating.

What is BIDU’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $982.25 and a high of $2307.74, with their median price target at $1674.76. Looking at these predictions, the average price target given by analysts is for Baidu Inc. (BIDU) stock is $1647.34.

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