You should consider shares of Baidu Inc. (NASDAQ:BIDU) and Las Vegas Sands Corp. (NYSE:LVS) if you are looking for a great stocks to invest in. Starting with the BIDU shares, which traded at $114.80 at the close of the recent session, dropping -2.25%. On Tuesday, the company’s shares shed -$2.64 from its value which represented in intraday trading. The stock is now -39.03% lower in year-to-date (YTD) trading. BIDU’s intraday high was $116.02 while its lowest price touched $113.30. The stock’s 52-week high price is $196.00, which means the current price is at -41.43%. In terms of trading activity, the daily trading volume fell to 3215847 against 200-day average trading volume of 3,893,515 shares.
What are analyst forecasts for Baidu Inc. (NASDAQ:BIDU)?
At a consensus rating of 3.92, BIDU is trending as a streaking Moderate Buy, as it has been the case a month ago when 11 analysts called it a Moderate Buy. Two months ago, 11 analysts recommended, on average, that BIDU stock is a Moderate Buy. The Technology company’s shares’ overall bearish trend saw it close higher on Tuesday compared to its opening price of $115.20 on the day.
Forecasts for Baidu Inc. (NASDAQ:BIDU) give the stock a fair value for the growth of 88.26% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $978.26, which means the price per share could rise by nearly $863.46. The price range target is between a low of $768.64 and a high of $1278.73. The stock would need to gain by about $91.02 to hit the estimated high or 0.81% from its 12-month low.
The consensus among 37 analysts is that it is a good time for one to Overweight in the Baidu Inc. 26 analysts rate BIDU as a Buy, with 0 of 37 analysts rate it as a Sell. 2 have valued the stock as Overweight and 9 have recommended that investors Hold.
Baidu Inc. (NASDAQ:BIDU) Upgrades and Downgrades
In terms of rating changes, Macquarie on November 22, 2019, Initiated Baidu Inc. (BIDU) at Neutral. Analysts at Oppenheimer have assigned a Outperform rating for the stock in their research note on November 11, 2019. Moreover, Morgan Stanley analysts issued a rating of Overweight for the stock on November 07, 2019. On November 07, 2019, the stock earned a Buy rating due to an analyst call from CLSA, while analysts from Jefferies on August 05, 2019 suggested that the stock is Buy.
Las Vegas Sands Corp. (NYSE:LVS) adds -$0.76 on Tuesday
The LVS stock has risen 18.98% year-to-date and is currently trading at $61.93, which is -11.02% below its 52-week high. The company shares lost -1.21% on the day and have risen nearly 30.68% off a low hit. At current levels, Las Vegas Sands Corp. has a valuation of about $13.71B. As of 12/03/19, this stock has fallen -2.33% during the week and closed at $62.69 in the previous session. However, recent Las Vegas Sands Corp. stock performance shows that LVS shares are -1.78% down over the last month, and 12.46% up for the last three months.
Earnings per share (EPS) estimates for the current quarter are $0.84, with the trailing 12-month share earnings at $3.39. The ratio is expected to be down by -4.50% for the current year 2019 and 6.00% for next year. Over the next 5-year period, earnings per share will be 3.11%. But will the LVS stock surprise in the current quarter results, where the $0.75 actual EPS reported on 9/29/2019 surprised by 0.00% or was lower by $0 from the estimated $0.75.
Sales Growth to climb 1.90% for the year
How well will Las Vegas Sands Corp. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $3.25B and $3.51B in current quarter sales. The consensus estimated for the current quarter is $3.38B from sales. Forecasts for this fiscal year are between $13.41B and $14.5B and the consensus estimate for sales is at $13.66B.
Who owns shares in Las Vegas Sands Corp. (LVS)?
Let’s briefly focus on the share ownership of the Las Vegas Sands Corp. (NYSE:LVS) stock, where we find that 38.39% of shares are held by institutions. Price (T.Rowe) Associates Inc tops the list of institutional owners as it is holding 23.39 million shares or 3.05% of shares outstanding. Vanguard Group, Inc. (The) and Capital Research Global Investors held 23.05 million and 21.83 million representing 3.00% and 2.84% respectively at the close of the last trading session. As of Sep 29, 2019, Blackrock Inc. accounted for 16.26 million shares at over 939.35 million. This represented 2.12% of shares outstanding. Capital World Investors held 11.27 million shares at over 650.82 million representing 1.47% of shares outstanding.
LVS Insider Activity
Insider activity can also give a signal in terms of price direction. Looking at Las Vegas Sands Corp. (LVS), a total of 66667 shares have been sold by insiders over the last 6 months while 66667 shares were added in the same time span. On 5/17/2019, Chief Financial Officer, Director & EVP by the name Dumont Patrick /las/ bought 75000.0 shares worth $3.9 million at the price of $52.53 per share. Filings also show that Jacobs Lawrence A sold a total of 64632.0 shares on 9/13/2019 valued at $3.9 million. Since the last insider activity, the company’s share price has climbed 5.65%.