After Making 52-Week High, Is Baidu, Inc. (BIDU)'s Near-Term Analysis Positive?

Lloyd Doyle
May 18, 2018

About shares traded. BioAmber Inc.

Investors sentiment increased to 0.73 in Q4 2017. It has underperformed by 11.34% the S&P500.

Cortland Associates Inc decreased its stake in Baidu Inc (BIDU) by 13.7% based on its latest 2017Q4 regulatory filing with the SEC. Cortland Associates Inc sold 20,078 shares as the company's stock declined 3.38% with the market. After $2.25 actual EPS reported by Baidu, Inc. for the previous quarter, Wall Street now forecasts -4.44 % negative EPS growth.

While looking at the Stock's Performance, Baidu, Inc. now shows a Weekly Performance of 8.72%, where Monthly Performance is 20.54%, Quarterly performance is 20.42%, 6 Months performance is 19.67% and yearly performance percentage is 49.01%. The stock increased 4.47% or $12.15 during the last trading session, reaching $284.07.

The Relative Volume of the company is 1.31 and Average Volume (3 months) is 2.77 million. On Wednesday, February 14 the stock has "Outperform" rating by Daiwa Securities. BIDU outperformed by 25.17% the S&P 500.

Baidu, Inc.'s stock has achieved the current market position thanks to the long-term strategy. (NASDAQ:BIDU) news published recently go to:,,, or More interesting news about Baidu, Inc. The titles are as follows: "Baidu: A Lot To Like" published on May 07, 2018, "Baidu Inc (ADR): How 225% Looks Reasonable in BIDU Stock" on May 08, 2018, "7 Money-Making Stocks to Buy Now" with a publish date: May 08, 2018, "Baidu divests financial services business" and the last "Baidu: Future Looks Bright" with publication date: April 29, 2018. These analysts have also projected a Low Estimate of $1.37/share and a High Estimate of $1.85/share.

In total 12 analysts cover Baidu (NASDAQ:BIDU). Therefore 67% are positive.

Baidu, Inc., formerly, a Chinese-language Internet search provider and is based in Beijing, the People's Republic of China.The company offers a Chinese language search platform and conducts its operations principally through Baidu Online Network Technology Co., Ltd., a network of third-party Web sites and software applications. The stock has "Buy" rating by Stifel Nicolaus on Tuesday, January 10. On Monday, January 8 the rating was maintained by Wells Fargo with "Buy". The firm earned "Hold" rating on Wednesday, September 30 by Summit Research. Jefferies maintained Baidu, Inc. On Tuesday, January 23 the firm has "Hold" rating by Jefferies given. (NASDAQ:BIDU) to "Hold" rating. As per Monday, June 19, the company rating was maintained by Jefferies.

Cortland Associates Inc, which manages about $580.00M and $548.87M US Long portfolio, upped its stake in Cognizant Tech Sol Cl A (NASDAQ:CTSH) by 22,123 shares to 574,892 shares, valued at $40.83 million in 2017Q4, according to the filing. The rating was maintained by H.C. Wainwright with "Buy" on Thursday, March 29. (NASDAQ:BIDU) has 14 ratings reports on 16 May 2018 according to StockzIntelligence. The rating was upgraded by Daiwa Securities to "Buy" on Monday, April 9. The stock of Ormat Technologies, Inc. (NYSE:ORA) earned "Perform" rating by Oppenheimer on Friday, April 6. Strong Sell. Investors might also notice that two months ago the Buy recommendations (1) outnumbered Sell recommendations (0). 15,641 Apple Inc. (NASDAQ:AAPL) shares with value of $2.65M were sold by Riccio Daniel J. (NYSE:ORA) rating on Monday, May 14. J.P. Morgan has "Hold" rating and $6200 target.

Other reports by Iphone Fresh

Discuss This Article