Short Report on Pinduoduo Stock

By Emilio Sanchez • Monday, June 26 09:44 • Permanent Link

Large-cap Consumer Discretionary company Pinduoduo has moved 1.1% so far today on a volume of 660,161, compared to its average of 9,315,864. In contrast, the S&P 500 index moved 0.0%.

Pinduoduo trades -34.39% away from its average analyst target price of $107.59 per share. The 38 analysts following the stock have set target prices ranging from $78.87 to $153.75, and on average have given Pinduoduo a rating of buy.

Anyone interested in buying PDD should be aware of the facts below:

Pinduoduo's current price is -17.7% below its Graham number of $85.73, which implies the stock has a margin of safety
Pinduoduo has moved 7.8% over the last year, and the S&P 500 logged a change of 11.5%
Based on its trailing earnings per share of 3.41, Pinduoduo has a trailing 12 month Price to Earnings (P/E) ratio of 20.7 while the S&P 500 average is 15.97
PDD has a forward P/E ratio of 13.1 based on its forward 12 month price to earnings (EPS) of $5.39 per share
The company has a price to earnings growth (PEG) ratio of 44.19 — a number near or below 1 signifying that Pinduoduo is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 0.74 compared to its sector average of 3.12
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses.
Based in Dublin, the company has 12,992 full time employees and a market cap of $93.79 Billion.

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.