This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 15% of the market scoring higher. In the Internet Content & Information industry which is number 140 by this metric, BIDU ranks better than 140% of stocks. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of https://dotbig.com/ credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Despite that the resurgence of COVID-19 pressured revenue performance. This achievement is attributable to our relentless efforts in cost optimization and operational efficiency.“ said Rong Luo, CFO of Baidu. „Going forward, we will continue to focus on quality revenue growth.
Baidu Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its Baidu.com Website that enables dotbig users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website.
Heavy Industry & Manufacturing
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other Forex reasons have been excluded from these return calculations. Baidu owns the largest online search engine in China, and its ecosystem links together a sprawling network of portals, apps, and services. It generates most of its revenue from online marketing services, which primarily consist of digital ads and managed business pages.
Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued. The company’s average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings. This represents amortization and impairment of intangible assets resulting from business combinations. Largest automotive BIDU stock forecast and technology companies intended to use ANP , AVP and HD Maps for another popular car model. The partnership is an extension of existing collaboration, validating an increasing appetite for ASD solutions from automakers. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better.
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Based on those expectations, its stock looks fairly cheap at 2.5 times this year’s sales and 13 times this year’s adjusted EBITDA. Baidu reported an EPS of $2.355 in its last earnings report, beating expectations of $2.153. Following the earnings BIDU stock report the stock price went up 0.55%. The value of an investment in stocks and shares can fall as well as rise, so you may get back less than you invested. Real-time analyst ratings, insider transactions, earnings data, and more.
Non-GAAP diluted earnings per ADS represents diluted earnings per ADS calculated by dividing non-GAAP net income attributable to Baidu, by the weighted average number of https://www.cnbc.com/money-in-motion/ ordinary shares expressed in ADS. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
- These non-GAAP financial measures presented here may not be comparable to similarly titled measures presented by other companies.
- MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
- However, Baidu’s stock trades at a discount because its future is murky.
- Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market.
- Baidu’s online marketing revenue declined in the first quarter as new pandemic-related lockdowns disrupted ad purchases.
- MarketBeat has tracked 29 news articles for Baidu this week, compared to 9 articles on an average week.
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Baidu.com Dividend Calendar
In that same time, the Computer and Technology sector gained 14.05%, while the S&P 500 gained 12.15%. Its non-online marketing revenue continued to climb, driven by the 45% year-over-year growth of Baidu’s AI Cloud platform (about 70% of the segment’s revenue), but still decelerated significantly from its previous quarters.
Latest On Baidu Inc
All information provided in this press release and in the attachments is as of the date of the press release, and Baidu undertakes no duty to update such information, except as required under applicable Forex law. IQIYI’s average daily number of total subscribing members for the quarter was 101.0 million, compared to 104.7 million for the third quarter of 2021 and 98.3 million for the second quarter of 2022.
The consensus among Wall Street analysts is that investors should „buy“ BIDU shares. Stock rallied 14% on May 26 after the Chinese tech giant posted its first-quarter earnings report. Its revenue rose 1% year over year to 28.41 billion yuan ($4.48 billion), which beat analysts‘ dotbig estimates by $320 million. Its adjusted net income declined 10% to 3.88 billion yuan ($612 million), or $1.77 per American Depository Share , but still easily surpassed analysts‘ expectations by $0.94. Baidu saw a decrease in short interest in the month of October.
This is an increase of 71% compared to the previous 30 days. Baidu does not have a long track record of dividend growth. Please log in to your https://dotbig.com/markets/stocks/BIDU/ account or sign up in order to add this asset to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.