During the recent session, Baidu Inc ADR (NASDAQ:BIDU)’s traded shares were 1.53 million, with the beta value of the company hitting 0.69. At the last check today, the stock’s price was $101.11, reflecting an intraday gain of 1.21% or $1.21. The 52-week high for the BIDU share is $156.98, that puts it down -55.26 from that peak though still a striking 6.78% gain since the share price plummeted to a 52-week low of $94.25. The company’s market capitalization is $29.53B, and the average trade volume was 3.19 million shares over the past three months.
Baidu Inc ADR (NASDAQ:BIDU) trade information
Baidu Inc ADR (BIDU) registered a 1.21% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.21% in intraday trading to $101.11, hitting a weekly high. The stock’s 5-day price performance is 6.38%, and it has moved by -3.70% in 30 days. Based on these gigs, the overall price performance for the year is -13.63%.
Baidu Inc ADR (BIDU) estimates and forecasts
Statistics show that Baidu Inc ADR has underperformed its competitors in share price, compared to the industry in which it operates. Baidu Inc ADR (BIDU) shares have gone down -6.36% during the last six months, with a year-to-date growth rate less than the industry average at 1.84% against 15.30. In the rating firms’ projections, revenue will increase 6.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.34B as predicted by 15 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 4.93B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.36B and 4.64B respectively. In this case, analysts expect current quarter sales to shrink by -0.40% and then jump by 6.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -8.12%. While earnings are projected to return -3.23% in 2024, the next five years will return 9.45% per annum.
BIDU Dividends
Baidu Inc ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
