As of Friday close, Baidu Inc.’s (NASDAQ:BIDU) stock was up $9.06, moving up 8.40 percent to $116.94. The average number of shares traded per day over the past five days has been 3,381,540 shares. 2 times new highs have been achieved over the past 5 days, with a $0.18 gain in that time frame. In the last twenty days, the average volume was 3,233,380, while in the previous 50 days, it was 4,704,384.
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Since last month, BIDU stock retreated -13.17%. Shares of the company fell to $101.62 on 05/12/22, the lowest level in the past month. A 52-week high of $209.17 was reached on 02/17/22 after having rallying from a 52-week low of $101.62. Since the beginning of this year, BIDU’s stock price has dropped by -21.41% or -$31.85, and marked a new high 10 times. However, the stock has declined by -44.09% since its 52-week high.
Right now, Baidu Inc. (BIDU) has a P/E ratio of about 27.46. The stock’s beta is 0.90. Besides these, the trailing price-to-sales (P/S) ratio of 2.31, the price-to-book (PB) ratio of 1.27.
In the three months ended September 29, Baidu Inc.’s quick ratio stood at 2.90, while its current ratio was 2.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.32, and the total debt-to-equity ratio was 0.39. On the profitability front, the trailing twelve-month gross margin is 48.30% percent. In the year ended September 29, EBITDA margin amounted to 13.41%, whereas operating margins totaled 8.40%. Based on annual data, BIDU earned $9.44 billion in gross profit and brought in $19.54 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.00%. Return on equity (ROE) for the past 12 months was 4.50%.
In Baidu Inc.’s quarter-end financial report for September 29, it reported total debt of $8.75 billion against cash and short-term investments of $22.48 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BIDU’s revenue rose 16.0% during the quarter, while net income inched up to $19.54 billion. While analysts expected Baidu Inc. to report $2.01 quarterly earnings, the actual figure was $2.3 per share, beating the consensus estimate by 14.40%. During the quarter, the company generated $331.0 million in EBITDA. The liabilities of Baidu Inc. were 25.61 billion at the end of its most recent quarter ended September 29, and its total debt was $96.78 billion.
This quick technical analysis looks at Baidu Inc.’s (BIDU) price momentum. With a historical volatility rate of 80.20%, the RSI 9-day stood at 48.23% on 13 May.
With respect to its five-day moving average, the current Baidu Inc. price is up by +0.15% percent or $0.18. At present, BIDU shares trade -9.74% below its 20-day simple moving average and -14.99% percent below its 100-day simple moving average. However, the stock is currently trading approximately -24.65% below its SMA50 and -30.00% below its SMA200.
Stochastic coefficient K was 21.42% and Stochastic coefficient D was 11.44%, while ATR was 8.21. Given the Stochastic reading of 43.88% for the 14-day period, the RSI (14) reading has been calculated as 45.40%. As of today, the MACD Oscillator reading stands at -5.90, while the 14-day reading stands at -7.47.
Bernstein launched its rating on Baidu Inc. (NASDAQ: BIDU) to a Mkt perform in a note to investors on May 05, 2022. Baidu Inc. (BIDU) has been rated Overweight by analysts. According to 1 brokerage firm, BIDU is a sell, and 5 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 5 analysts rate Baidu Inc. stock as buy, with 32 recommending it as overweight.
With a median target price of $1337.34, the current consensus forecast for the stock is $572.34 – $2117.05. Based on these forecasts, analysts predict Baidu Inc. (BIDU) will achieve an average price target of $1354.26.