NASDAQ:PDD - Pinduoduo Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$23.50 -1.33 (-5.36 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$24.83
Today's Range$23.17 - $24.88
52-Week Range$16.53 - $31.99
Volume10.02 million shs
Average Volume8.51 million shs
Market Capitalization$26.03 billion
P/E Ratio-11.75
Dividend YieldN/A
BetaN/A
Pinduoduo Inc. operates an e-commerce platform in the People's Republic of China. It also operates Pinduoduo, a mobile platform that offers a range of priced merchandise. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was founded in 2015 and is based in Shanghai, the People's Republic of China.

Receive PDD News and Ratings via Email

Sign-up to receive the latest news and ratings for PDD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:PDD
CUSIPN/A
CIKN/A
Phone86-21-5266-1300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.91 billion
Cash Flow$0.9739 per share

Profitability

Net Income$-1,486,020,000.00

Miscellaneous

Employees1,159
Outstanding Shares1,107,786,000
Market Cap$26.03 billion
Next Earnings DateN/A
OptionableOptionable

Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

What is Pinduoduo's stock symbol?

Pinduoduo trades on the NASDAQ under the ticker symbol "PDD."

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc (NASDAQ:PDD) released its quarterly earnings data on Wednesday, March, 13th. The company reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.29) by $0.03. The firm had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.31 billion. Pinduoduo had a negative return on equity of 114.98% and a negative net margin of 78.51%. The business's revenue for the quarter was up 379.4% on a year-over-year basis. View Pinduoduo's Earnings History.

What price target have analysts set for PDD?

5 brokers have issued 12-month price targets for Pinduoduo's stock. Their forecasts range from $26.00 to $37.00. On average, they anticipate Pinduoduo's stock price to reach $30.9750 in the next year. This suggests a possible upside of 31.8% from the stock's current price. View Analyst Price Targets for Pinduoduo.

What is the consensus analysts' recommendation for Pinduoduo?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinduoduo.

Has Pinduoduo been receiving favorable news coverage?

News headlines about PDD stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pinduoduo earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Pinduoduo?

Pinduoduo saw a increase in short interest in February. As of February 28th, there was short interest totalling 20,869,180 shares, an increase of 10.4% from the February 15th total of 18,905,092 shares. Based on an average daily trading volume, of 9,824,152 shares, the short-interest ratio is currently 2.1 days. Currently, 3.3% of the company's shares are short sold. View Pinduoduo's Current Options Chain.

Who are some of Pinduoduo's key competitors?

What other stocks do shareholders of Pinduoduo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinduoduo investors own include Alibaba Group (BABA), JD.Com (JD), Micron Technology (MU), IQIYI (IQ), Momo (MOMO), Weibo (WB), Netflix (NFLX), HUYA (HUYA), Baidu (BIDU) and NVIDIA (NVDA).

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the folowing people:
  • Mr. Huang Zheng, Chairman & CEO (Age 39)
  • Mr. Tian Xu, VP of Fin. (Age 40)
  • Mr. Junyun Xiao, Sr. VP of Operation (Age 39)
  • Mr. Lei Chen, Chief Technology Officer (Age 39)
  • Mr. Christian Arnell, Investor Relations Officer

When did Pinduoduo IPO?

(PDD) raised $1.5 billion in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC served as the underwriters for the IPO and China Renaissance was co-manager.

When did Pinduoduo's lock-up period expire?

Pinduoduo's lock-up period expired on Tuesday, January 22nd. Pinduoduo had issued 85,600,000 shares in its initial public offering on July 26th. The total size of the offering was $1,626,400,000 based on an initial share price of $19.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (0.50%), Baillie Gifford & Co. (0.31%), Altimeter Capital Management LP (0.22%), TB Alternative Assets Ltd. (0.17%), Hillhouse Capital Advisors Ltd. (0.16%) and Hillhouse Capital Management Ltd. (0.13%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Yong Rong HK Asset Management Ltd, Baillie Gifford & Co., Hillhouse Capital Management Ltd., FMR LLC, Tiger Pacific Capital LP and Taikang Asset Management Hong Kong Co Ltd.

Which major investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including Hillhouse Capital Advisors Ltd., TB Alternative Assets Ltd., Segantii Capital Management Ltd, Principal Financial Group Inc., LMR Partners LLP, Raging Capital Management LLC, Penserra Capital Management LLC and First Trust Advisors LP.

How do I buy shares of Pinduoduo?

Shares of PDD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $23.50.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $26.03 billion and generates $1.91 billion in revenue each year. The company earns $-1,486,020,000.00 in net income (profit) each year or ($2.00) on an earnings per share basis. Pinduoduo employs 1,159 workers across the globe.

What is Pinduoduo's official website?

The official website for Pinduoduo is http://www.pinduoduo.com.

How can I contact Pinduoduo?

Pinduoduo's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The company can be reached via phone at 86-21-5266-1300 or via email at [email protected]


MarketBeat Community Rating for Pinduoduo (NASDAQ PDD)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  218 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  526
MarketBeat's community ratings are surveys of what our community members think about Pinduoduo and other stocks. Vote "Outperform" if you believe PDD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PDD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

Featured Article: Straddles

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel