Quick Update for Pinduoduo (PDD) Investors

By Harris Dyer • Friday, March 31 12:13 • Permanent Link

Shares of Consumer Discretionary sector company Pinduoduo moved -1.9% today, and are now trading at a price of $74.97. The large-cap stock's daily volume was 5,581,087 compared to its average volume of 9,637,263. The S&P 500 index returned a 1.0% performance.

38 analysts are following Pinduoduo and have set target prices ranging from $74.88 to $134.79 per share. On average, they have given the company a rating of buy. At today's prices, PDD is trading -30.3% away from its average analyst target price of $107.56 per share.

Over the last year, PDD's share price has increased by 79.2%, which represents a difference of 90.0% when compared to the S&P 500. The stock's 52 week high is $106.38 per share whereas its 52 week low is $31.01. With an average free cash flow of $22,814,300,000.0 that have been growing at an average rate of 27.0% over the last four years, Pinduoduo is in a position to continue its strong stock performance trend.

Date Reported	Cash Flow from Operations ($ k)	Capital expenditures ($ k)	FreeCashFlow ($ k)	YoY Growth (%)
2021-12-31	28,783,011	-3,287,232	25,495,779	-9.44
2020-12-31	28,196,627	-43,046	28,153,581	90.31
2019-12-31	14,820,976	-27,436	14,793,540	n/a

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.