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


The leading market experts have placed a mean price target of $181.12 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 $0.94 a share for the upcoming quarter and $4.01 for the current fiscal.

Technical View

The technical analysis of Baidu, Inc. plainly substantiates that the 50-day moving average of Baidu, Inc. is $167.63, and stock is trading $10.92 points away or +6.51% from its 50-day moving average of $167.63. Further it is trading $5.40 or +3.12% away its 200-day moving average of $173.15. Baidu, Inc. (NASDAQ:BIDU) 52-week high is $217.97 and the 52-week low is $130.77.

This explains if the stock moves $-39.42, it will post a 52-week high. In event of +36.54% 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 13.03.

The stock last ended the trading session at $178.55 and registered a market cap of $61.89B. 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 -158.26.

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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