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PDD Holdings Inc. Sponsored ADR (PDD) Is a Trending Stock: Facts to Know Before Betting on It
PDDPDD(PDD) ZACKS·2024-07-24 14:03

Stock Performance - PDD Holdings Inc Sponsored ADR shares returned -49% over the past month compared to the Zacks S&P 500 composite's +18% change [1] - The Zacks Diversified Operations industry lost 24% over the same period [1] Earnings Estimates - Current quarter earnings estimate is 289pershare,representinga+1007289 per share, representing a +1007% year-over-year change [3] - Current fiscal year earnings estimate is 1232, indicating a +878% year-over-year change [3] - Next fiscal year earnings estimate is 1495,showinga+2141495, showing a +214% change from expected year-ago results [3] - All earnings estimates have remained unchanged over the last 30 days [3] Revenue Estimates - Current quarter sales estimate is 1372 billion, indicating a +903% year-over-year change [5] - Current fiscal year sales estimate is 5627billion,representinga+6245627 billion, representing a +624% change [5] - Next fiscal year sales estimate is 7159 billion, showing a +272% change [5] Recent Results - Last reported quarterly revenues were 1202billion,a+11941202 billion, a +1194% year-over-year increase [6] - Last reported EPS was 283, compared to $101 a year ago [6] - Reported revenues exceeded consensus estimate by +132% [6] - EPS surprise was +7687% [6] - Company has beaten consensus EPS and revenue estimates in each of the trailing four quarters [6] Valuation - PDD Holdings Inc Sponsored ADR is graded C on the Zacks Value Style Score, indicating it is trading at par with its peers [9] Analyst Rating - PDD Holdings Inc Sponsored ADR has a Zacks Rank 1 (Strong Buy) [4] - The Zacks Rank is based on recent changes in consensus estimates and other earnings-related factors [4]