The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
Baidu, Inc. accounts for 7.92 % of our USA Portfolio. A trade is currently open since 11/25/2020 with a purchase price of $ 135.02. Discover the other 19 stocks of the USA portfolio managed by the MarketScreener portfolio management team.
Strengths
The company returns high margins, thereby supporting business profitability.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Historically, the company has been releasing figures that are above expectations.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The tendency within the weekly time frame is positive above the technical support level at 145.08 USD
Weaknesses
Stock prices approach a strong long-term resistance in weekly data at USD 240.25.
Technically, the stock approaches a strong medium-term resistance at USD 249.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The three month average target prices set by analysts do not offer high potential in comparison with the current prices.