At Current Prices, PDD Holdings Inc ADR (NASDAQ: PDD) Worth A Patient Look?

PDD Holdings Inc ADR (NASDAQ:PDD)’s traded shares stood at 2.49 million during the latest session, with the company’s beta value hitting 0.69. At the last check today, the stock’s price was $111.47, to imply a decrease of -1.96% or -$2.23 in intraday trading. The PDD share’s 52-week high remains $152.99, putting it -37.25% down since that peak but still an impressive 46.47% since price per share fell to its 52-week low of $59.67. The company has a valuation of $148.10B, with an average of 8.57 million shares over the past 3 months.

PDD Holdings Inc ADR (NASDAQ:PDD) trade information

After registering a -1.96% downside in the latest session, PDD Holdings Inc ADR (PDD) has traded red over the past five days. The stock hit a weekly high of 116.88, dropping -1.96% in its intraday price action. The 5-day price performance for the stock is -3.49%, and -15.66% over 30 days. With these gigs, the year-to-date price performance is -23.81%.

PDD Holdings Inc ADR (PDD) estimates and forecasts

Looking at statistics comparing PDD Holdings Inc ADR share performance against respective industry, we note that the company has outperformed competitors. PDD Holdings Inc ADR (PDD) shares are 5.83% up over the last 6 months, with its year-to-date growth rate higher than industry average at 29.12% against 15.00%. Revenue is forecast to grow 44.30% this quarter before jumping 37.70% for the next one. The rating firms project that company’s revenue will grow 52.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 14 analysts is $10.42 billion. Meanwhile, for the quarter ending Jun 2024, a total of 12 analyst(s) estimate revenue growth to $12.5 billion.Earnings reports from the last fiscal year show that sales brought in $4.45 billion and $5.97 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 134.20% before jumping 109.30% in the following quarter.

PDD Dividends

PDD Holdings Inc ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. PDD Holdings Inc ADR has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.