Is Baidu.com (BIDU) a Stock to Watch Now That Susquehanna Has Begun Covering It?

September 8, 2018 - By Mark Babin

Baidu, Inc. (NASDAQ:BIDU) Logo

How Susquehanna Currently Rates Baidu.com (BIDU)

Equity research analysts at Susquehanna has Positive rating on Baidu.com (BIDU). The firm has initiated coverage on BIDUin analysts report sent to clients and investors on Friday, 7 September.

The stock increased 0.46% or $0.99 during the last trading session, reaching $216.04. About 2.38M shares traded. Baidu, Inc. (BIDU) has risen 27.01% since September 8, 2017 and is uptrending. It has outperformed by 14.44% the S&P500.

Analysts await Baidu, Inc. (NASDAQ:BIDU) to report earnings on October, 25. They expect $2.05 EPS, down 43.37 % or $1.57 from last year’s $3.62 per share. BIDU’s profit will be $717.72M for 26.35 P/E if the $2.05 EPS becomes a reality. After $2.69 actual EPS reported by Baidu, Inc. for the previous quarter, Wall Street now forecasts -23.79 % negative EPS growth.

Baidu, Inc. provides Internet search services in China and internationally. The company has market cap of $75.64 billion. It operates through three divisions: Search Services, Transaction Services, and IQiyi. It has a 19.62 P/E ratio. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, including Web pages, news, images, documents, and multimedia files through links provided on its Website; and transaction platform, including Nuomi.com to connect online and offline services provided by third-parties.

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Seekingalpha.com which released: “Baidu: Waiting For A Swing” on September 07, 2018, also Seekingalpha.com with their article: “When bookrunners collide” published on August 17, 2018, Seekingalpha.com published: “Chinese Stocks To Buy Now Part 4: Baidu” on September 04, 2018. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Nasdaq.com and their article: “Will the Federal Government Kill the Cloud Czars?” published on September 06, 2018 as well as Nasdaq.com‘s news article titled: “3 Upcoming IPOs to Watch” with publication date: September 04, 2018.

Baidu, Inc. (NASDAQ:BIDU) Ratings Chart

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