Time: 2024-08-27
The latest trading session for PDD Holdings on NASDAQ proverb the stock ending at 51.11 , marker a 1.22 % addition from the previous day 's shutting monetary_value . This positive motion surpass the S&P 500 and the Dow , with the Nasdaq also experience a addition of 1.39 % . Over the past calendar_month , PDD Holdings stock has show a significant addition of 12.21 % , excel the performance of the Conglomerates sector and the S&P 500 during the Lapp period.
analyst and investor are eagerly expect the approaching net_income disclosure from PDD Holdings . The company is expect to report an EPS of .89 , reflect a significant growth of 100.69 % compare to the previous year . gross is also predict to addition by 90.3 % year - over - year , reach 3.72 billion . For the stallion fiscal year , Zacks Consensus Estimates prognosis net_income of 2.32 per share and gross of 6.27 billion , bespeak significant improvement from the previous year 's performance.
investor are rede to wage attention to any Holocene change in analyst estimate for PDD Holdings , as these revision often reflect short - term business tendency . positive adjustment in estimate typically bespeak analyst assurance in the company 's future prospect . The Zacks Rank system , which scope from # 1 ( strong bargain ) to # 5 ( strong sell ) , currently rates PDD Holdings as a # 2 ( bargain ) , propose positive sentiment among analysts.
When measure PDD Holdings ' current evaluation prosody , investor should see the stock 's forward phosphorus / vitamin_E ratio of 12.12 , which is lower_berth than the industry average . Additionally , the stock hour_angle a peg ratio of 0.24 , bespeak its potential for growth in relation to its expect net_income . The Diversified Operations industry , to which PDD Holdings belong , hour_angle an average peg ratio of 2.15.
In footing of industry ranking , the Diversified Operations sector , within the Conglomerates industry , clasp a Zacks Industry Rank of 61 , placement it in the top 25 % of all industry . research has show that industry rank in the top 50 % tend to surpass those in the bottom one-half . investor can use Zacks.com to path assorted stock - travel prosody and brand inform decision during future trading sessions.
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