NASDAQ:PDD - Pinduoduo Stock Price, News & Analysis

$35.90
-0.26 (-0.72 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$35.7610
Now: $35.90
$36.47
50-Day Range
$21.43
MA: $27.53
$36.07
52-Week Range
$16.53
Now: $35.90
$36.89
Volume4.81 million shs
Average Volume10.01 million shs
Market Capitalization$39.77 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.44
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$2.47 per share

Profitability

Net Income$-1,486,020,000.00

Miscellaneous

Employees1,159
Outstanding Shares1,107,790,000
Market Cap$39.77 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) issued its earnings results on Wednesday, August, 21st. The company reported ($0.12) EPS for the quarter, beating the Zacks' consensus estimate of ($0.25) by $0.13. The firm had revenue of $7.29 billion for the quarter, compared to analyst estimates of $6.15 billion. Pinduoduo had a negative return on equity of 28.55% and a negative net margin of 30.74%. The company'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?

14 equities research analysts have issued 1 year price targets for Pinduoduo's stock. Their forecasts range from $20.48 to $40.00. On average, they expect Pinduoduo's stock price to reach $32.01 in the next year. This suggests that the stock has a possible downside of 10.8%. View Analyst Price Targets for Pinduoduo.

What is the consensus analysts' recommendation for Pinduoduo?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 2 sell ratings, 2 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 stories about PDD stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest 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 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Pinduoduo.

Are investors shorting Pinduoduo?

Pinduoduo saw a increase in short interest in August. As of August 15th, there was short interest totalling 40,951,800 shares, an increase of 10.8% from the July 15th total of 36,945,000 shares. Based on an average daily volume of 6,130,000 shares, the days-to-cover ratio is presently 6.7 days. Currently, 6.5% 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), JD.Com (JD), IQIYI (IQ), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), HUYA (HUYA), Netflix (NFLX), Tesla (TSLA) and Momo (MOMO).

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 IPO on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC acted as the underwriters for the IPO and China Renaissance was co-manager.

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.80%), Morgan Stanley (0.80%), Hillhouse Capital Advisors LTD. (0.65%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), Vanguard Group Inc. (0.37%) and Sylebra Capital Ltd (0.32%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Taikang Asset Management Hong Kong Co Ltd, TB Alternative Assets Ltd., Prudential Financial Inc., Segantii Capital Management Ltd, Allianz Asset Management GmbH, Pictet Asset Management Ltd., Pictet Asset Management Ltd. and Krane Funds Advisors LLC.

Which major investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Hillhouse Capital Advisors LTD., Renaissance Technologies LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Sylebra Capital Ltd, KEYWISE CAPITAL MANAGEMENT Ltd and WT Asset Management Ltd.

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 $35.90.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $39.77 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.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:  287 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  672
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 9/15/2019 by MarketBeat.com Staff

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