In the last three months, 10 analysts have published ratings on PDD Holdings PDD, offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 6 | 3 | 1 | 0 | 0 |
Last 30D | 1 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 4 | 2 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $194.0, with a high estimate of $272.00 and a low estimate of $136.00. Surpassing the previous average price target of $181.89, the current average has increased by 6.66%.
Interpreting Analyst Ratings: A Closer Look
The standing of PDD Holdings among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Robin Zhu | Bernstein | Raises | Outperform | $235.00 | $180.00 |
Joyce Ju | B of A Securities | Raises | Buy | $206.00 | $191.00 |
Kenneth Fong | UBS | Raises | Buy | $272.00 | $248.00 |
Andre Chang | JP Morgan | Lowers | Overweight | $190.00 | $195.00 |
Alicia Yap | Citigroup | Raises | Buy | $185.00 | $170.00 |
Fawne Jiang | Benchmark | Raises | Buy | $220.00 | $215.00 |
Jiong Shao | Barclays | Raises | Overweight | $178.00 | $164.00 |
Thomas Chong | Jefferies | Raises | Buy | $161.00 | $157.00 |
Ronald Keung | Goldman Sachs | Announces | Neutral | $136.00 | - |
Thomas Chong | Jefferies | Raises | Buy | $157.00 | $117.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PDD Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PDD Holdings compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of PDD Holdings's stock. This analysis reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of PDD Holdings's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on PDD Holdings analyst ratings.
All You Need to Know About PDD Holdings
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
Breaking Down PDD Holdings's Financial Performance
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: PDD Holdings's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 123.21%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: PDD Holdings's net margin is impressive, surpassing industry averages. With a net margin of 26.19%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): PDD Holdings's ROE excels beyond industry benchmarks, reaching 13.33%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 7.03%, the company showcases effective utilization of assets.
Debt Management: PDD Holdings's debt-to-equity ratio is below the industry average at 0.05, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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