In the last trading session, 6.55 million shares of the PDD Holdings Inc ADR (NASDAQ:PDD) were traded, and its beta was 0.40. Most recently the company’s share price was $102.79, and it changed around $2.21 or 2.20% from the last close, which brings the market valuation of the company to $142.75B. PDD currently trades at a discount to its 52-week high of $155.67, offering almost -51.44% off that amount. The share price’s 52-week low was $87.11, which indicates that the current value has risen by an impressive 15.25% since then. We note from PDD Holdings Inc ADR’s average daily trading volume that its 10-day average is 6.89 million shares, with the 3-month average coming to 10.96 million.
PDD Holdings Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.78. If we narrow it down even further, the data shows that 1 out of 42 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 12 recommended PDD as a Hold, whereas 24 deemed it a Buy, and 0 rated it as Underweight. PDD Holdings Inc ADR is expected to report earnings per share of 14.96 for the current quarter.
PDD Holdings Inc ADR (NASDAQ:PDD) trade information
Instantly PDD has showed a green trend with a performance of 2.20% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 104.26 on recent trading dayincreased the stock’s daily price by 1.41%. The company’s shares are currently up 5.98% year-to-date, but still up 1.15% over the last five days. On the other hand, PDD Holdings Inc ADR (NASDAQ:PDD) is -12.77% down in the 30-day period. We can see from the shorts that 29.98 million shares have been sold at a short interest cover period of 3.03 day(s).
The consensus price target as assigned by Wall Street analysts is $121, which translates to bulls needing to increase their stock price by 15.05% from its current value. Analyst projections state that PDD is forecast to be at a low of $121 and a high of $121.
PDD Holdings Inc ADR (PDD) estimates and forecasts
The year-over-year growth rate is expected to be 8.73%, up from the previous year.
Consensus estimates provided by 14 financial analysts predict the company will bring in an average of 102.72B in revenue for the current quarter. 11 analysts expect PDD Holdings Inc ADR to make 105.49B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 97.06B and 99.35B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.83%. Forecasts for the next quarter put sales growth at 6.18%.
PDD Holdings Inc ADR earnings are expected to increase by -22.98% in 2025, but the outlook is positive 5.91% per year for the next five years.
PDD Dividends
PDD Holdings Inc ADR’s next quarterly earnings report is expected to be released on 2025-May-26.
PDD Holdings Inc ADR (NASDAQ:PDD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.00% of PDD Holdings Inc ADR shares, and 32.61% of them are in the hands of institutional investors. The stock currently has a share float of 32.61%. PDD Holdings Inc ADR stock is held by 1047.0 institutions, with MORGAN STANLEY being the largest institutional investor. By 2024-06-30, it held 0.8082% of the shares, which is about 11.98 million shares worth $1.59 billion.
BAILLIE GIFFORD & CO, with 0.5926% or 35.13 million shares worth $4.67 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
