Baidu Inc. (BIDU) Stock Sinks As Market Gains: Here's Why

Company Performance - Baidu Inc. (BIDU) closed at $99.07, reflecting a -1.59% change from the previous day, underperforming the S&P 500's gain of 0.55% [1] - Over the past month, Baidu's shares increased by 7.11%, outperforming the Computer and Technology sector's gain of 5.73% and the S&P 500's gain of 4.28% [1] - The upcoming earnings report is anticipated to show an EPS of$ 2.87, a decrease of 7.72% year-over-year, with expected quarterly revenue of $4.86 billion, up 3.42% from the previous year [1] Analyst Estimates - For the full year, Zacks Consensus Estimates project earnings of$ 11.43 per share and revenue of $19.63 billion, reflecting changes of +0.35% and +3.98% respectively compared to the previous year [2] - Recent revisions in analyst estimates indicate confidence in Baidu's business performance and profit potential, with these changes being linked to near-term stock movements [2] Valuation and Ranking - Baidu Inc. currently has a Forward P/E ratio of 8.81, which is significantly lower than the industry average Forward P/E of 23.06 [3] - The company holds a Zacks Rank of 4 (Sell), with no changes in the Zacks Consensus EPS estimate over the past month [3] - The Internet - Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 103, placing it in the top 41% of over 250 industries [3]