In the latest trading session, 3.97 million PDD Holdings Inc ADR (NASDAQ:PDD) shares changed hands as the company’s beta touched 0.68. With the company’s most recent per share price at $125.37 changed hands at -$1.42 or -1.12% at last look, the market valuation stands at $174.11B. PDD’s current price is a discount, trading about -31.36% off its 52-week high of $164.69. The share price had its 52-week low at $88.01, which suggests the last value was 29.8% up since then. When we look at PDD Holdings Inc ADR’s average trading volume, we note the 10-day average is 7.33 million shares, with the 3-month average coming to 8.51 million.
Analysts gave the PDD Holdings Inc ADR (PDD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.52. If we narrow down to specifics, the data shows that 0 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended PDD as a Hold, 15 felt it is a Buy and 0 rated the stock as Underweight. PDD Holdings Inc ADR’s EPS for the current quarter is expected to be 19.67.
PDD Holdings Inc ADR (NASDAQ:PDD) trade information
Instantly PDD was in red as seen in intraday trades today. With action 6.37%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 29.26%, with the 5-day performance at 6.37% in the green. However, in the 30-day time frame, PDD Holdings Inc ADR (NASDAQ:PDD) is -2.41% down. Looking at the short shares, we see there were 22.82 million shares sold at short interest cover period of 2.3 days.
The consensus price target for the stock as assigned by Wall Street analysts is 171, meaning bulls need an upside of 26.68% from its recent market value. According to analyst projections, PDD’s forecast low is 143 with 224 as the target high. To hit the forecast high, the stock’s price needs a -78.67% plunge from its current level, while the stock would need to soar -14.06% for it to hit the projected low.
PDD Holdings Inc ADR (PDD) estimates and forecasts
Year-over-year growth is forecast to reach 60.74% up from the last financial year.
Consensus estimates given by 19 financial analysts project the company’s revenue in the current quarter to hit an average of 115.77B. 4 analysts are of the opinion that PDD Holdings Inc ADR’s revenue for the current quarter will be 113.39B. The company’s revenue for the corresponding quarters a year ago was 88.88B and 86.81B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 30.26%. The estimates for the next quarter sales put growth at 30.62%.
The 2025 estimates are for PDD Holdings Inc ADR earnings to increase by 76.67%, but the outlook for the next 5-year period is at 34.08% per year.
PDD Holdings Inc ADR (NASDAQ:PDD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.00% of PDD Holdings Inc ADR shares while 31.89% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 31.89%. There are 31.89% institutions holding the PDD Holdings Inc ADR stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 2.1138% of the shares, roughly 29.12 million PDD shares worth $3.87 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.0506% or 28.25 million shares worth $3.76 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF and Vanguard International Stock Index-Total Intl Stock Indx. With 13.56 shares estimated at $1.71 billion under it, the former controlled 0.97% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 0.71% of the shares, roughly 9.86 shares worth around $1.24 billion.
