PDD (PDD) Stock Price, News & Analysis

Company Overview

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was incorporated in 2015 and is based in Dublin, Ireland.

Key Stats

• Today's Range: $99.46 to $100.71
• 50-Day Range: $96.56 to $128.51
• 52-Week Range: $88.01 to $164.69
• Volume: 3.01 million shs
• Average Volume: 10.67 million shs
• Market Capitalization: $137.20 billion
• P/E Ratio: 9.74
• Dividend Yield: N/A
• Price Target: $173.40
• Consensus Rating: Moderate Buy

PDD Stock Analysis - MarketRank™

PDD scored higher than 97% of companies evaluated by MarketBeat, and ranked 1st out of 25 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

PDD has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

PDD has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 10.35%

Earnings Growth

Earnings for PDD are expected to grow by 10.35% in the coming year, from $10.24 to $11.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PDD is 9.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of PDD is 9.74, which means that it is trading at a less expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 12.05.

Price to Earnings Growth Ratio

PDD has a PEG Ratio of 0.29. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

PDD has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.00% of the outstanding shares of PDD have been sold short.

Short Interest Ratio / Days to Cover

PDD has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PDD has recently increased by 5.81%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

PDD does not currently pay a dividend.

Dividend Growth

PDD does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -1.41

Percentage of Shares Shorted

2.00% of the outstanding shares of PDD have been sold short.

Short Interest Ratio / Days to Cover

PDD has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PDD has recently increased by 5.81%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.92

News Sentiment

PDD has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for PDD this week, compared to 23 articles on an average week.

Search Interest

Only 43 people have searched for PDD on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.

MarketBeat Follows

34 people have added PDD to their MarketBeat watchlist in the last 30 days. This is an increase of 42% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, PDD insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.70% of the stock of PDD is held by insiders.

Percentage Held by Institutions

Only 39.83% of the stock of PDD is held by institutions.

PDD Stock Analysis - Frequently Asked Questions

How have PDD shares performed this year?

PDD's stock was trading at $146.31 at the beginning of 2024. Since then, PDD shares have decreased by 31.8% and is now trading at $99.72.
View the best growth stocks for 2024 here.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) issued its earnings results on Monday, August, 26th. The company reported $23.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $20.58. The firm's revenue for the quarter was up 85.7% on a year-over-year basis.

When did PDD IPO?

PDD (PDD) raised $1.5 billion in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC acted as the underwriters for the IPO and China Renaissance was co-manager.

Who are PDD's major shareholders?

Top institutional shareholders of PDD include Baillie Gifford & Co. (2.62%), FMR LLC (1.52%), UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.96%) and Jane Street Group LLC.

How do I buy shares of PDD?

Shares of PDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of PDD own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PDD investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/26/2024
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Multi-Sector Conglomerates
• Industry: Business services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NASDAQ:PDD
• CUSIP: N/A
• CIK: 1737806
• Web: www.pinduoduo.com
• Phone: (531) 539-7938
• Fax: N/A
• Employees: 17,403
• Year Founded: 2015

Price Target and Rating

• Average Stock Price Target: $173.40
• High Stock Price Target: $272.00
• Low Stock Price Target: $105.00
• Potential Upside/Downside: +73.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.24
• Trailing P/E Ratio: 9.74
• Forward P/E Ratio: 9.74
• P/E Growth: 0.29
• Net Income: $8.45 billion
• Net Margins: 29.05%
• Pretax Margin: 34.25%
• Return on Equity: 46.08%
• Return on Assets: 26.60%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 2.15
• Quick Ratio: 2.15

Sales & Book Value

• Annual Sales: $372.11 billion
• Price / Sales: 0.37
• Cash Flow: $6.26 per share
• Price / Cash Flow: 15.93
• Book Value: $19.17 per share
• Price / Book: 5.20

Miscellaneous

• Outstanding Shares: 1,375,873,000
• Free Float: 1,324,966,000
• Market Cap: $137.20 billion
• Optionable: Optionable
• Beta: 0.67