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Pinduoduo Stock Price, News & Analysis (NASDAQ:PDD)

$34.81
+0.81 (+2.38 %)
(As of 10/22/2019 01:18 PM ET)
Today's Range
$34.00
Now: $34.81
$35.50
50-Day Range
$30.51
MA: $33.51
$36.07
52-Week Range
$16.53
Now: $34.81
$36.89
Volume3.56 million shs
Average Volume6.58 million shs
Market Capitalization$38.78 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.41
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.

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
Book Value$2.46 per share

Profitability

Net Income$-1,486,020,000.00

Miscellaneous

Employees3,683
Outstanding Shares1,113,920,000
Market Cap$38.78 billion
Next Earnings Date11/19/2019 (Estimated)
OptionableOptionable

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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) announced its earnings results on Wednesday, August, 21st. The company reported ($0.12) EPS for the quarter, topping the Zacks' consensus estimate of ($0.25) by $0.13. The company had revenue of $7.29 billion for the quarter, compared to analysts' expectations of $6.15 billion. Pinduoduo had a negative return on equity of 28.55% and a negative net margin of 30.74%. Pinduoduo's quarterly revenue was up 169.1% on a year-over-year basis. View Pinduoduo's Earnings History.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release their next quarterly earnings announcement on Tuesday, November 19th 2019. View Earnings Estimates for Pinduoduo.

What price target have analysts set for PDD?

15 equities research analysts have issued twelve-month price objectives for Pinduoduo's shares. Their forecasts range from $20.48 to $40.00. On average, they expect Pinduoduo's stock price to reach $32.16 in the next twelve months. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for Pinduoduo.

What is the consensus analysts' recommendation for Pinduoduo?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 2 sell ratings, 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinduoduo.

Has Pinduoduo been receiving favorable news coverage?

Media headlines about PDD stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pinduoduo earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Pinduoduo.

Are investors shorting Pinduoduo?

Pinduoduo saw a decline in short interest during the month of September. As of September 15th, there was short interest totalling 27,330,000 shares, a decline of 9.7% from the August 15th total of 30,260,000 shares. Based on an average trading volume of 7,240,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 4.3% of the shares of the company 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), NVIDIA (NVDA), Verizon Communications (VZ), Micron Technology (MU), JD.Com (JD), Netflix (NFLX), Tesla (TSLA), IQIYI (IQ), HCA Healthcare (HCA) and Paypal (PYPL).

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 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.

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Growth Interface Management LLC (0.08%), H&H International Investment LLC (0.04%), EastBay Asset Management LLC (0.01%), Tuttle Tactical Management (0.00%), TB Alternative Assets Ltd. (0.00%) and Avitas Wealth Management LLC (0.00%).

Which institutional investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd. and Altfest L J & Co. Inc..

Which institutional investors are buying Pinduoduo stock?

PDD stock was bought by a variety of institutional investors in the last quarter, including Growth Interface Management LLC, EastBay Asset Management LLC, Tuttle Tactical Management, Avitas Wealth Management LLC, H&H International Investment LLC and Exane Derivatives.

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, Robinhood, Fidelity and Charles Schwab.

What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $34.60.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $38.54 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 3,683 workers across the globe.View Additional Information About Pinduoduo.

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:  297 (Vote Outperform)
Underperform Votes:  395 (Vote Underperform)
Total Votes:  692
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 10/22/2019 by MarketBeat.com Staff

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