How to Buy Pdd Holdings Stock
Pdd Holdings Inc
PDD Holdings Inc. , a multinational commerce group, owns and operates a portfolio of businesses.
Pdd Holdings stock last closed at $94.36, up 0.72% from the previous day, and has decreased 23.99% in one year. It has underperformed other stocks in the Internet Retail industry by 0.52 percentage points. Pdd Holdings stock is currently +8.32% from its 52-week low of $87.11, and -42.7% from its 52-week high of $164.69.
There are currently 5.56B PDD shares outstanding. The market cap of PDD is $131.08B. In the last 24 hours, 6.69M PDD shares were traded.
How to Buy Pdd Holdings Stock
Wondering how to invest in Pdd Holdings stock? Here's how.
- Choose where to buy Pdd Holdings stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Pdd Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your information.
- Analyze Pdd Holdings stock: The Pdd Holdings ticker symbol is PDD. Is Pdd Holdings stock a good investment? Should you buy shares of PDD? How do PDD's underlying business fundamentals look? Do top analysts think Pdd Holdings is a good buy? Why has PDD's stock price moved recently? (Hint: Our stock market research tools can help you understand if PDD is a good stock to buy).
- Execute your PDD trade: Decide if you will purchase PDD shares at the current market price or use a limit order to buy PDD stock at a given price.
- Monitor your PDD position: Create a watchlist to important notifications about your new investment in Pdd Holdings shares.
Step 1: Choose where to buy Pdd Holdings stock
You will need a brokerage account to access the NASDAQ market and buy PDD shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you can invest in PDD stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new trading account.
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Step 3: Deposit money your brokerage account
Now that you've created your account on stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Analyze Pdd Holdings stock
Once you have figured out the best place to buy Pdd Holdings stock, it's important to evaluate their stock before you buy, so you truly understand the risk as well as the upside.
Pdd Holdings stock at a glance
Pdd Holdings Due Diligence Score
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on PDD's stock page.
Is PDD stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PDD's fair value.
Using relative valuations ratios:
- PDD could be undervalued based on its P/E ratio of 8.43x, relative to Internet Retail industry P/E ratio of 33.34x
- PDD could be undervalued based on its P/B ratio of 3.04x, relative to Internet Retail industry P/B ratio of 4.71x
- PDD could be overvalued based on its PEG ratio of 1.68x
You can access more valuation analysis on PDD's stock here.
A quick look at PDD Financials
Positive Financial Indicators:
- PDD's operating cash flow of $16.79B allows it to safely service it's debt of $1.46B.
- PDD profit margin has gone up from 24.2% to 28.5% in the past year.
- There are more short-term assets than short-term liabilities on the PDD balance sheet.
- PDD earnings of $18.28B is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the PDD balance sheet.
- Total PDD debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- PDD has a relatively high debt to equity ratio of 0.61.
Is Pdd Holdings stock a Buy, Hold, or Sell, according to analysts?
Out of 6 sell side analysts who give ratings on PDD, the consensus analyst rating on Pdd Holdings is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent PDD Analyst Upgrades/Downgrades
Andre Chang, a bottom 7% analyst from JP Morgan downgrades PDD to a hold rating and lowers their PDD price target from $170.00 to $105.00, on Nov 22, 2024.
JP Morgan's Andre Chang downgraded their rating on Pdd Holdings (NASDAQ: PDD) from Strong Buy to Hold on 2024/11/22. The analyst also lowered their price target by 38.2% from $170 to $105.
PDD Holdings reported its Q3 2024 earnings.
Management had previously said it would be investing "even more," and the Q/Q decline in the bottom line and margins confirmed its commitment to reinvest in competitiveness, Chang told investors.
However, according to the analyst, there isn't enough information about the company's investment intentions and short-term financials to support making an investment case for the next six months.
Chang suggested that investors reevaluate the stock once the Trump administration unveils its tariff stance on Chinese products.
Chang believes Jdcom and Alibaba will provide superior returns to investors in the coming six months.
Earnings Report
For Q3 2024, PDD Holdings reported:
- EPS of $0.66, up 61% Y/Y.
- Revenue of $14.158B, up 44% Y/Y.
Management did not provide financial guidance in its press release.
Co-CEO Lei Chen commented: “Over the past quarter, our focus remained on driving the high-quality development of the platforms.
“We are committed to investing consistently and patiently in our platform ecosystem to deliver impactful results over the long run.”
Co-CEO Jiazhen Zhao commented: “In the third quarter, we stepped up the investments in our platform ecosystem through merchant support policies and trust and safety updates.
“High-quality merchants are encouraged to further strengthen their product and service offerings, thereby fostering a virtuous cycle.”
You can dive deeper into what analysts are saying on the Pdd Holdings stock forecast page.
PDD Technical Indicators
How is PDD performing as a company?
Last year, PDD earnings were $15.49B. In the past three year, PDD's earnings have grown by 218.87% per year. This was faster than the Internet Retail industry average of 54.06%.
Last year, PDD revenue was $54.25B. Over the last 5 year, PDD's revenue has increased by 65.8% per year. This was faster than the Internet Retail industry average of 22.5%.
Dig into PDD's earnings and revenue performance here.
Latest Insiders Trades at PDD
Over the past 12 months, insiders at PDD have not bought or sold any shares.
Dig into more about who owns PDD shares here.
Can I rely on PDD as an income stream?
No, Pdd Holdings doesn't provide an income stream by paying out dividends.
PDD Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your PDD trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price, use a limit order.
Hit the Open button and your broker will place the order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your PDD position
Now that you own some shares in PDD, you'll want to keep up with your shares.
Start a watchlist to get notified of important updates regarding your PDD stock.
PDD Feed
How to Buy Stock in Pdd Holdings
To reiterate, here are the 6 steps for buying Pdd Holdings stock:
- Choose where to buy Pdd Holdings stock
- Open your brokerage account
- Deposit money your brokerage account
- Analyze Pdd Holdings stock
- Execute your PDD trade
- Monitor your PDD position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Pdd Holdings, add PDD to your watchlist by clicking the button below.
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