Baidu Inc (ADR) (BIDU) Analysts See $1.10 EPS

July 18, 2017 - By Vivian Park

 Baidu Inc (ADR) (BIDU) Analysts See $1.10 EPS

Analysts await Baidu Inc (ADR) (NASDAQ:BIDU) to report earnings on July, 27. They expect $1.10 earnings per share, up 4.76 % or $0.05 from last year’s $1.05 per share. BIDU’s profit will be $385.35M for 42.78 P/E if the $1.10 EPS becomes a reality. After $0.66 actual earnings per share reported by Baidu Inc (ADR) for the previous quarter, Wall Street now forecasts 66.67 % EPS growth. The stock decreased 0.17% or $0.32 during the last trading session, reaching $188.23. About 2.80 million shares traded or 19.15% up from the average. Baidu Inc (ADR) (NASDAQ:BIDU) has risen 12.02% since July 18, 2016 and is uptrending. It has underperformed by 4.68% the S&P500.

Baidu Inc (ADR) (NASDAQ:BIDU) Ratings Coverage

Among 22 analysts covering Baidu (NASDAQ:BIDU), 6 have Buy rating, 4 Sell and 12 Hold. Therefore 27% are positive. Baidu had 36 analyst reports since July 28, 2015 according to SRatingsIntel. Jefferies upgraded the shares of BIDU in report on Monday, August 31 to “Buy” rating. The firm has “Buy” rating given on Friday, April 29 by Brean Capital. The firm earned “Hold” rating on Wednesday, September 9 by Deutsche Bank. As per Monday, February 22, the company rating was maintained by Credit Suisse. The stock of Baidu Inc (ADR) (NASDAQ:BIDU) has “Neutral” rating given on Friday, October 28 by Credit Suisse. The stock of Baidu Inc (ADR) (NASDAQ:BIDU) earned “Outperform” rating by Oppenheimer on Monday, August 3. The company was downgraded on Wednesday, October 7 by Daiwa Securities. The firm has “Buy” rating given on Thursday, May 12 by Jefferies. Morgan Stanley downgraded Baidu Inc (ADR) (NASDAQ:BIDU) on Tuesday, January 17 to “Equal-Weight” rating. TH Capital downgraded Baidu Inc (ADR) (NASDAQ:BIDU) on Friday, July 29 to “Hold” rating.

Baidu, Inc. is a Chinese language Internet search provider. The company has market cap of $65.94 billion. The Firm offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. It has a 48.84 P/E ratio. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers.

More notable recent Baidu Inc (ADR) (NASDAQ:BIDU) news were published by: Learnbonds.com which released: “Baidu Inc (ADR) (BIDU) Just Blew NVIDIA Corporation (NVDA) Stock Up” on July 05, 2017, also Investorplace.com with their article: “4 Tech Stocks Showing More Bite Than the FANGs” published on July 17, 2017, Investorplace.com published: “Go Long Baidu Inc (ADR) (BIDU) Stock With Muted Risk” on July 11, 2017. More interesting news about Baidu Inc (ADR) (NASDAQ:BIDU) were released by: Benzinga.com and their article: “Netflix Earnings Preview: What Might Be Expected From Q2 2017?” published on July 17, 2017 as well as Benzinga.com‘s news article titled: “Nvidia, Baidu And AI” with publication date: July 10, 2017.

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