Stock To Watch: Baidu, Inc. (NASDAQ:BIDU)


The leading market experts have placed a mean price target of $196.92 on Baidu, Inc. (NASDAQ:BIDU) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $8.15 a share for the upcoming quarter and $33.32 for the current fiscal. Technical View The technical analysis of Baidu, Inc. plainly substantiates that the 50-day moving average of Baidu, Inc. is $165.39, and stock is hovering -4.20 or -2.54% distant from $165.39. It is noted that the 200-day MA is $172.15, and Baidu, Inc. stock is $-10.96 or -6.36% off from this point. Baidu, Inc. (NASDAQ:BIDU) 52-week high is $217.97 and the 52-week low is $100.00. This explains if the stock moves $-56.78, it will post a 52-week high. In event of $+61.19% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Baidu, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Baidu, Inc. (NASDAQ:BIDU) ratio came in at 11.46. The stock last ended the trading session at $161.19 and registered a market cap of $55.82B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Baidu, Inc. (NASDAQ:BIDU) PEG ratio is at -4.63.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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