PDD Holdings Inc ADR (NASDAQ:PDD) traded at $142.73 at last check on current trade day and made an upward move of 3.40% on its previous day’s price.
Looking at the stock we see that its previous close was $138.04 with the day’s price range being $137.1 – $143.26. The company has a trailing 12-month PE ratio of 18.86. In terms of its 52-week price range, PDD has a high of $164.69 and a low of $75.44. The company’s stock has gained about 0.22% over that past 30 days.
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PDD Holdings Inc ADR has a market cap of $189.63 billion. Estimates by analysts give the company expected earnings per share (EPS) of 2.72, with the EPS growth for the year raised at 12.12 for current year and 12.12 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 13.95B, with a low of 12.86B and a high of 15.07B. The median projection represents growth squeezing down to 133.70% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 58.39B, or 67.60% up from figures reported last year.
Based on estimates by 16 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the PDD Holdings Inc ADR (PDD) stock as a Hold, while 15 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the PDD stock currently stands at 0.43, and the most recent price level today is 8.40% off its SMA20 and 3.39% from its 50-day simple moving average. The RSI (14) is pointing at 63.44 while the volatility over the past week is 3.44% and jumps to 2.90% over the past one month. The beta value is 0.68, while the average true range (ATR) is currently pointing at 4.53. The average price target for the stock over the next 12 months is $180, with the estimates having a low of $80 and a high of $248. These price ends are 43.95% and -73.75% off the today’s price level respectively, although investors could be excited at the prospect of a -26.11% if the PDD share price touches on the median price of $180.
Coming back to PDD Holdings Inc ADR (NASDAQ:PDD), we note that the average 3-month trading volume was 8.15 million, while that of the preceding 10-day period stands at 6.57 million. Current shares outstanding are 1.38 billion.
The insiders hold 1.69% of the company’s shares while institutions hold 29.38%. The data shows that short shares as of 2024-07-15, stood at 30.12 million at a short ratio of 4.2. This represents a 365.00 short interest in shares outstanding on 2024-07-15. Shares short fall in July from the previous month at 33.74 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -2.45% down in year-to-date price movement.
