BAIDU, INC.

(BIDU)
  Report
Delayed Nasdaq  -  04:00 2022-06-27 pm EDT
155.24 USD   +2.58%
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Baidu, Inc. : Back on a long term support level

08/24/2021 | 05:08am EDT
long trade
Target price hit
Entry price : 149.29$ | Target : 174.9$ | Stop-loss : 129.79$ | Potential : 17.15%
Baidu, Inc. shares have returned to important technical levels around 137 USD based on weekly price data. The timing seems attractive to be a buyer of this stock.
Investors have an opportunity to buy the stock and target the $ 174.9.
Baidu, Inc. : Baidu, Inc. : Back on a long term support level
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths
  • The company returns high margins, thereby supporting business profitability.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • The company has a low valuation given the cash flows generated by its activity.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For several months, analysts have been revising their EPS estimates roughly upwards.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • Consensus analysts have strongly revised their opinion of the company over the past 12 months.
  • Historically, the company has been releasing figures that are above expectations.

Weaknesses
  • The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
  • Over the past four months, analysts' average price target has been revised downwards significantly.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

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Financials
Sales 2022 130 B 19 359 M 19 359 M
Net income 2022 7 746 M 1 158 M 1 158 M
Net cash 2022 130 B 19 353 M 19 353 M
P/E ratio 2022 45,8x
Yield 2022 -
Capitalization 359 B 53 642 M 53 642 M
EV / Sales 2022 1,77x
EV / Sales 2023 1,43x
Nbr of Employees 45 500
Free-Float 77,1%
Upcoming event on BAIDU, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 33
Last Close Price 1 038,80 CNY
Average target price 1 352,21 CNY
Spread / Average Target 30,2%
EPS Revisions
Managers and Directors
Yan Hong Li Chairman & Chief Executive Officer
Rong Luo Chief Financial Officer
Hai Feng Wang Chief Technology Officer
Shan Shan Cui Senior VP-Human Resources & Administration
Ji An Ding Independent Director
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