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PDD Holdings (PDD)
NASDAQ:PDD
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PDD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.01 - $164.69
Previous Close$144.76
Volume8.99M
Average Volume (3M)15.00M
Market Cap
$201.04B
Enterprise ValueN/A
Total Cash (Recent Filing)$217.21B
Total Debt (Recent Filing)$10.17B
Price to Earnings (P/E)15.6
Beta1.15
Next Earnings
Nov 21, 2024EPS Estimate
$2.78Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)9.27
Shares Outstanding1,375,872,787
10 Day Avg. Volume21,599,706
30 Day Avg. Volume14,999,914
Standard Deviation0.20
R-Squared0.03
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.06
Price to Sales (P/S)5.52
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Forecast
1Y Price Target
$170.78Price Target Upside17.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
PDD Holdings News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNon-GAAP net profit increased by 126% YoY to RMB34.4bn, 14% ahead of consensus.
Market Share StrategyManagement stated that they will reduce transaction fees for high quality merchants to enhance their ROI and drive the high-quality development of its platform ecosystem.
Overseas ExpansionThe launch of Temu in North America is a key growth driver, leveraging social commerce expertise to attract price-sensitive consumers.
Bears Say
Earnings Growth RiskThere is downside risk to consensus FY25F earnings growth of 26% due to PDD lowering the take rate and higher compliance focus in overseas market.
Market CompetitionIntensifying market competition in e-commerce poses a challenge for maintaining market share and profitability.
Shareholder Return PolicyManagement ruled out share buybacks or dividends in the foreseeable future, citing competitive environment and the stage of its growth.
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Ownership Overview
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Insiders
4.48% Mutual Funds
0.14% Other Institutional Investors
89.97% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by PDD Holdings
Desktop Users
Mobile Users
PDD FAQ
What was PDD Holdings’s price range in the past 12 months?
PDD Holdings lowest stock price was $88.01 and its highest was $164.69 in the past 12 months.
What is PDD Holdings’s market cap?
Currently, no data Available
When is PDD Holdings’s upcoming earnings report date?
PDD Holdings’s upcoming earnings report date is Nov 21, 2024 which is in 34 days.
How were PDD Holdings’s earnings last quarter?
PDD Holdings released its earnings results on Aug 26, 2024. The company reported $3.289 earnings per share for the quarter, beating the consensus estimate of $2.892 by $0.397.
Is PDD Holdings overvalued?
According to Wall Street analysts PDD Holdings’s price is currently Undervalued.
Does PDD Holdings pay dividends?
PDD Holdings does not currently pay dividends.
What is PDD Holdings’s EPS estimate?
PDD Holdings’s EPS estimate is $2.78.
How many shares outstanding does PDD Holdings have?
PDD Holdings has 1,388,770,600 shares outstanding.
What happened to PDD Holdings’s price movement after its last earnings report?
PDD Holdings reported an EPS of $3.289 in its last earnings report, beating expectations of $2.892. Following the earnings report the stock price went down -28.505%.
Which hedge fund is a major shareholder of PDD Holdings?
Among the largest hedge funds holding PDD Holdings’s share is Appaloosa Management LP. It holds PDD Holdings’s shares valued at 258M.
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PDD Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$170.78 (17.97% Upside)
$170.78 (17.97% Upside)
Blogger Sentiment
Bullish
PDD Sentiment 87%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 1.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
31.51%
12-Months-Change
Fundamentals
Return on Equity
49.78%
Trailing 12-Months
Asset Growth
57.73%
Trailing 12-Months
Company Description
PDD Holdings
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.
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PDD Earnings Call
Q2 2024
0:00 / 0:00
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PDD Stock 12 Month Forecast
Average Price Target
$170.78
▲(17.97% Upside)
Technical Analysis
Best Analysts Covering PDD
1 Year
1 Year Success Rate
12/16 ratings generated profit
1 Year Average Return
+80.03%
reiterated a buy rating 2 months ago
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