The latest trading session saw PDD Holdings Inc. Sponsored ADR (PDD) ending at $135.84, denoting a -1.56% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.64% for the day. Elsewhere, the Dow gained 1.85%, while the tech-heavy Nasdaq added 0.2%.Coming into today, shares of the company had lost 6.95% in the past month. In that same time, the Conglomerates sector lost 4.02%, while the S&P 500 gained 3.82%.The investment community will be paying close atten ...

Kenneth CheungPDD Holdings Inc. (NASDAQ:PDD) has been a runaway success over the last couple of years. The operator of Temu has reported explosive sales growth as consumers around the world latch onto cheap goods produced in China shipped directly to consumers at a discount. My investment thesis is Bullish on the stock, with a cheap valuation and a massive balance sheet to offset any regulatory threats in the future. Source: FinvizBooming Business PDD launched Temu in the U.S. back in late 2022 to sell ...

股 票 研 究 [Table_Industry] 海外信息科技 [Table_Invest]评级：增持 [当前价格 Table_CurPrice] :(美元) 134.68 [Table_Date] 2024.07.15 | --- | --- | --- | |----------|-------------------------------------|----------------------| | | | | | | [table_Authors] 秦和平 ( 分析师 ) | 李奇 ( 分析师 ) | | | 0755-23976666 | 0755-23976888 | | | qinheping027734@gtjas.com | liqi028295@gtjas.com | | 登记编号 | S0880523110003 | S0880523060001 | 投资要点： | --- | --- | |----------------------------|--------------| | | | | 交易数据 | | | 52 周内股价区间 ( 美元 ) | 69.06-164.49 | ...

Core Viewpoint - PDD Holdings Inc. is under investigation for potential securities fraud and unlawful business practices, particularly related to its Temu online marketplace, which has been accused of violating privacy laws [1][2]. Group 1: Legal Issues - Arkansas Attorney General Tim Griffin has filed a lawsuit against Temu, alleging it violates the Arkansas Personal Information Protection Act and is designed to collect user data without consent [2]. - The lawsuit describes Temu as "functionally malware and spyware," indicating serious concerns about its data collection practices [2]. Group 2: Market Reaction - Following the announcement of the lawsuit, PDD's American depositary receipt (ADR) price dropped by $8.06, or 5.77%, closing at $131.94 per ADR on June 27, 2024 [2]. Group 3: Firm Background - Pomerantz LLP, the firm investigating PDD, is recognized for its expertise in corporate, securities, and antitrust class litigation, having recovered billions in damages for victims of securities fraud [3].

Core Viewpoint - PDD Holdings Inc. Sponsored ADR has experienced a decline of -7.8% over the past month, contrasting with the Zacks S&P 500 composite's increase of +4.3%, raising questions about its near-term stock performance [1] Earnings Estimate Revisions - The current quarter's earnings estimate for PDD is $2.89 per share, reflecting a significant increase of +100.7% year-over-year, with a recent change of +3.6% in the consensus estimate [3] - The consensus earnings estimate for the current fiscal year stands at $12.32, indicating a year-over-year change of +87.8%, with a +2% change over the last 30 days [3] - For the next fiscal year, the earnings estimate is $14.95, showing a change of +21.4% from the previous year, with a +1.4% change recently [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $13.72 billion, indicating a year-over-year change of +90.3% [5] - The sales estimates for the current and next fiscal years are $56.27 billion and $71.59 billion, reflecting changes of +62.4% and +27.2%, respectively [5] Last Reported Results and Surprise History - In the last reported quarter, PDD Holdings Inc. achieved revenues of $12.02 billion, a year-over-year increase of +119.4%, and EPS of $2.83 compared to $1.01 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $10.62 billion by +13.2%, and the EPS surprise was +76.87% [6] - The company has consistently beaten consensus EPS and revenue estimates in the last four quarters [6] Valuation - PDD Holdings Inc. is graded C in the Zacks Value Style Score, indicating it is trading at par with its peers [9] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [7] Bottom Line - The Zacks Rank 1 suggests that PDD Holdings Inc. may outperform the broader market in the near term, warranting attention to its market buzz [10]

Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of PDD Holdings Inc. due to allegations of materially misleading business information [1] - A class action is being prepared by Rosen Law Firm to seek recovery of investor losses without any out-of-pocket fees for those who purchased PDD securities [1] - Arkansas Attorney General Tim Griffin has filed a lawsuit against PDD Holdings Inc. and WhaleCo Inc. for violations of the Arkansas Deceptive Trade Practices Act and the Arkansas Personal Information Protection Act [2] Group 2 - Following the lawsuit announcement, PDD's American Depositary Receipts fell by 1.3% on June 26, 2024, and 4.6% on June 27, 2024 [2] - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and recovering hundreds of millions for investors [3] - The firm has been consistently ranked among the top firms for securities class action settlements since 2013, securing over $438 million for investors in 2019 alone [3]

Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of PDD Holdings Inc. due to allegations of materially misleading business information [1] - PDD Holdings Inc. is facing a lawsuit from the Arkansas Attorney General for violations of the Arkansas Deceptive Trade Practices Act and the Arkansas Personal Information Protection Act, with claims that its e-commerce platform Temu functions as malware and spyware [2] - Following the lawsuit announcement, PDD's American Depositary Receipts fell by 1.3% on June 26, 2024, and 4.6% on June 27, 2024 [2] Group 2 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3] - The firm has secured the largest ever securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements since 2013 [3]

Core Viewpoint - PDD Holdings Inc. Sponsored ADR is expected to show significant year-over-year growth in earnings and revenue in its upcoming earnings report, despite recent stock performance lagging behind major indices [1][2]. Company Performance - The stock price of PDD Holdings Inc. reached $138.07, with a slight increase of +0.25% compared to the previous day, underperforming the S&P 500 which gained 1.02% [1]. - Over the past month, shares have depreciated by 6.27%, which is slightly better than the Conglomerates sector's loss of 6.3% but worse than the S&P 500's gain of 4.44% [1]. - Analysts expect earnings of $2.89 per share for the upcoming report, indicating a year-over-year growth of 100.69%, and revenue is projected to be $13.72 billion, reflecting a 90.3% increase compared to the same quarter last year [1]. Analyst Estimates - For the full year, earnings are projected at $12.32 per share and revenue at $56.27 billion, showing increases of +87.8% and +62.43% respectively from the previous year [2]. - Recent changes to analyst estimates are seen as indicative of the company's business outlook, with positive revisions suggesting a favorable trend [2]. Zacks Rank and Valuation - PDD Holdings Inc. currently holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [3]. - The Forward P/E ratio for PDD is 11.18, which is below the industry average of 18.29, indicating a potential valuation discount [3]. - The PEG ratio for PDD is 0.22, significantly lower than the industry average PEG ratio of 1.67, suggesting that the stock may be undervalued relative to its expected earnings growth [3]. Industry Context - The Diversified Operations industry, part of the Conglomerates sector, holds a Zacks Industry Rank of 63, placing it in the top 25% of over 250 industries [4]. - The Zacks Industry Rank indicates that the top-rated industries tend to outperform the lower-rated ones by a factor of 2 to 1 [4].

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about PDD Holdings Inc. Sponsored ADR (PDD) .PDD Holdings Inc. Sponsored ADR cur ...

Loading...Loading...In the fierce battlefield of e-Commerce, Amazon.com Inc AMZN continues to reign supreme, but emerging challengers like PDD Holdings Inc‘s PDD Temu, Shein, and TikTok Shop are making significant strides.Wedbush Securities analyst Scott Devitt’s latest survey of over 1,000 U.S. consumers reveals intriguing shifts in spending habits and consumer satisfaction that investors need to watch closely.Amazon’s Dominance Remains UnshakenAmazon remains the e-Commerce kingpin, with 64% of surveyed co ...