During the recent session, PDD Holdings Inc ADR (NASDAQ:PDD)’s traded shares were 2.14 million, with the beta value of the company hitting 0.69. At the last check today, the stock’s price was $119.52, reflecting an intraday loss of -1.12% or -$1.35. The 52-week high for the PDD share is $164.69, that puts it down -37.79 from that peak though still a striking 26.36% gain since the share price plummeted to a 52-week low of $88.01. The company’s market capitalization is $165.99B, and the average intraday trading volume over the past 10 days was 8.92 million shares, and the average trade volume was 15.80 million shares over the past three months.

PDD Holdings Inc ADR (PDD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.36. PDD has a Sell rating from 0 analyst(s) out of 16 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 15 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 2.76.

PDD Holdings Inc ADR (NASDAQ:PDD) trade information

PDD Holdings Inc ADR (PDD) registered a -1.12% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.12% in intraday trading to $119.52, hitting a weekly high. The stock’s 5-day price performance is -1.53%, and it has moved by -21.73% in 30 days. Based on these gigs, the overall price performance for the year is 17.85%. The short interest in PDD Holdings Inc ADR (NASDAQ:PDD) is 32.98 million shares and it means that shorts have 1.69 day(s) to cover.

The consensus price target of analysts on Wall Street is $170, which implies an increase of 29.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $80 and $248 respectively. As a result, PDD is trading at a discount of -107.5% off the target high and 33.07% off the low.

PDD Holdings Inc ADR (PDD) estimates and forecasts

Statistics show that PDD Holdings Inc ADR has outperformed its competitors in share price, compared to the industry in which it operates. PDD Holdings Inc ADR (PDD) shares have gone down -13.10% during the last six months, with a year-to-date growth rate more than the industry average at 82.16% against -2.40. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 69.30% this quarter and then jump 27.00% in the quarter after that. In the rating firms’ projections, revenue will increase 64.40% 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 14.32B as predicted by 17 analyst(s). Meanwhile, a consensus of 15 analyst(s) estimates revenue growth to 16.77B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 9.66B and 12.51B respectively. In this case, analysts expect current quarter sales to grow by 48.20% and then jump by 34.10% in the coming quarter.

While earnings are projected to return 82.97% in 2024, the next five years will return 20.67% per annum.

PDD Dividends

PDD Holdings Inc ADR is due to release its next quarterly earnings on 2024-Nov-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 29.12 million shares, is of BLACKROCK INC.’s that is approximately 2.1138% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.87 billion.