Baidu (BIDU)

Re: Baidu (BIDU)

Postby winston » Thu Nov 29, 2018 7:27 pm

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Baidu Inc. (BIDU) Stock Sinks As Market Gains: What You Should Know

Wall Street will be looking for positivity from BIDU as it approaches its next earnings report date. This is expected to be February 12, 2019.

On that day, BIDU is projected to report earnings of $2.11 per share, which would represent a year-over-year decline of 7.86%.

Meanwhile, our latest consensus estimate is calling for revenue of $3.86 billion, up 6.58% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $10.01 per share and revenue of $15.13 billion, which would represent changes of +2.25% and +19.31%, respectively, from the prior year.

BIDU has a Forward P/E ratio of 18.51 right now. This valuation marks a discount compared to its industry's average Forward P/E of 27.15.

Also, we should mention that BIDU has a PEG ratio of 0.81.


Source: Zacks

https://finance.yahoo.com/news/baidu-in ... rc=applewf
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Re: Baidu (BIDU)

Postby winston » Tue Dec 04, 2018 9:11 pm

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Chinese Stocks Due for a Big Rebound: Baidu (BIDU)

The Fundamentals: Chinese internet search giant Baidu (NASDAQ:BIDU) is, for all intents and purposes, the Google (NASDAQ:GOOG) of China. This positioning guarantees Baidu healthy long-term growth potential so long as internet usage and digital advertising in China accelerate higher, two things, which seem certain at this point in time.

Moreover, Baidu has high-growth potential through its cloud, IoT and AI businesses, the sum of which are still in the early stages of potentially explosive growth trajectories.

The Valuation: BIDU stock is pretty cheap at under 20X forward earnings for what was 27% revenue growth last quarter. /

Falling margins are behind the low valuation. But, this is a near-term phenomena. Huge losses at iQiyi (NASDAQ:IQ) and big investments into the app ecosystem are dragging on margins. Eventually, those margin headwinds will fade out. Once they do, today’s valuation will seem anemic.

The Technicals: Much like other Chinese stocks, BIDU has been on a big downtrend for the past several months. But, this stock has shown strong support multiple times around the $180 level.

Today, the stock is comfortably above that level, implying that a bottom has been put in and that this stock is ready to start heading higher again.

Source: Investor Place
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Re: Baidu (BIDU)

Postby winston » Wed Jan 09, 2019 7:21 am

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China’s national AI champion Baidu to test driverless delivery vans in US with Udelv for Walmart

Nasdaq-listed Baidu announced the deal with California-based autonomous delivery van maker Udelv on sidelines of the 2019 CES tech fair

Deal highlights global nature of many emerging technologies as US and China remain locked in trade talks

Founded in 2016, Udelv has completed over 1,200 deliveries on public roads in the San Francisco Bay Area and has signed trial service deals with Houston-based auto repair chain XL Parts and Walmart.

Udelv, backed by Japan’s Marubeni Corporation, expects to deploy up to 100 vans this year for merchant customers, according to a statement from the start-up.


Source: SCMP

https://www.scmp.com/tech/big-tech/arti ... ry-vans-us
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Re: Baidu (BIDU)

Postby winston » Sat Jan 19, 2019 6:56 am

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Baidu seeks to play catch up in mobile app race with bet on world's most-watched TV show

Baidu will be exclusive ‘red packet’ partner of state broadcaster CCTV’s Spring Festival Gala

The Gala drew more than one billion viewers last year

The Baidu App has lagged behind Tencent’s WeChat with its 1 billion daily active users, and Alibaba Group’s ecosystem of mobile apps led by Taobao and Tmall.

The number of people who use Baidu App daily reached a high of 161 million in August and averaged 151 million in September 2018, increasing 19 per cent from a year earlier.


Source: SCMP

https://www.scmp.com/tech/big-tech/arti ... ed-tv-show
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Re: Baidu (BIDU)

Postby winston » Wed Jan 23, 2019 6:58 am

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Baidu Takes a Beating on Citi Price Cut, China Fears

By Teresa Rivas

Citi warns that Baidu is ramping up its spending at a time when advertisers may rein in budgets.

Citi lowered her price target to $205 from $262 and opened a 30-day negative catalyst watch.


Source: Barron's

https://www.barrons.com/articles/baidu- ... yptr=yahoo
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Re: Baidu (BIDU)

Postby winston » Wed Feb 06, 2019 2:08 pm

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More Work Ahead for Baidu after Service Is Criticized

By Naomi Gray

Jan 30, 2019

Baidu is already a big spender in R&D (research and development).

In the third quarter of 2018, the most recent reported period, Baidu spent $570 million or 14.6% of its revenue in the quarter on R&D.

Google parent Alphabet (GOOGL) and Yandex (YNDX) spent 15.4% and 17% of their revenues on R&D, respectively, in the third quarter.

Twitter (TWTR) and Facebook (FB) spent 20% and 19.7% of their revenues on R&D, respectively, in the third quarter.


Source: Market Realist

https://marketrealist.com/2019/01/more- ... criticized
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Re: Baidu (BIDU)

Postby winston » Wed Feb 06, 2019 2:13 pm

Baidu stock price target cut to $210 from $230 at Oppenheimer
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HK - Economic Data & News 04 (Jan 17 - Dec 19)

Postby winston » Wed Feb 06, 2019 2:32 pm

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Baidu: Earnings To Remain Strong

Feb. 3, 2019

Summary
Even accounting for slower earnings growth, Baidu's earnings multiple of 13 looks dirt cheap.
Gross margins, although dropping, remain over 50%.
Rising costs and R&D still come in under 70% of gross profit.
Remaining long the stock.

The company already holds 41.2 billion of debt on its balance sheet.

Over the past four quarters, Baidu has paid out 1.7 billion in interest payments on its debt. Operating income over the same time frame came in at just over 19 billion.


Source: Seeking Alpha

https://seekingalpha.com/article/423773 ... ngcom_feed
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Re: Baidu (BIDU)

Postby winston » Wed Feb 06, 2019 2:40 pm

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Baidu: Get iQIYI And Ctrip For Free

Jan. 31, 2019

by Aimo Pieterse

Summary

The value of the highly profitable Baidu search engine alone significantly exceeds the current market value of $59 billion.

The 58% stake in Iqiyi is worth $9 billion and the value of the 19% Ctrip.com stake is $3.4 billion.

Baidu has more than $13 billion of excess capital on the Balance Sheet.

Baidu is becoming an artificial intelligence company with many new initiatives, including self driving cars, which can become new earnings generators in the future.

Baidu has a 70% market share of the Chinese Internet search market and Google's "Dragonfly" project to reenter the Chinese market is postponed.

Source: Seeking Alpha

https://seekingalpha.com/article/423721 ... ngcom_feed
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Re: Baidu (BIDU)

Postby winston » Sun Feb 10, 2019 9:12 pm

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Can Solid Product Portfolio Aid Baidu's (BIDU) Q4 Earnings?

In the last reported quarter, Baidu delivered a positive earnings surprise of 7.78%. Earnings of $2.77 per share declined 12.9% sequentially. However, revenues increased 27% year over year to RMB 28.2 billion ($4.11 billion).

For the fourth quarter of 2018, Baidu expects revenues between RMB 25.48 billion ($3.71 billion) and RMB 26.72 billion ($3.89 billion), representing a year-over-year increase of 15-20%, excluding revenues from announced divestures.

The corresponding Zacks Consensus Estimate for the quarter to be reported is pegged at $3.88 billion.


Source: Zacks Equity Research

https://finance.yahoo.com/news/goodyear ... 08779.html
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