Home / Features / Chinese Social Stocks Trying To Beat Analysts View: Baidu (NASDAQ:BIDU), Qihoo 360 Technology (NYSE:QIHU), SINA (NASDAQ:SINA)

Chinese Social Stocks Trying To Beat Analysts View: Baidu (NASDAQ:BIDU), Qihoo 360 Technology (NYSE:QIHU), SINA (NASDAQ:SINA)

Baidu, Inc. (NASDAQ:BIDU) [Detail Analytic Report] plummeted over 4.79% in pre trading session on Monday as drop 8% over previous year, Baidu (BIDU) stock might be a star of Chinese economy, other than it’s proven quite a dissatisfaction to investors. The Chinese search engine firm released those blockbuster results featuring earnings of $1.06 a share ($0.05 ahead of consensus) and revenue that beat anticipations as well.

Brean raised Baidu stock one click from hold to buy, and assigned a price target of $235 on shares. By means of Baidu currently costing $196 and change that implies about a 20% possible profit for new buyers. Baidu pays its shareholders no dividend, nevertheless, so any profits to be made must come completely from stock price appreciation.

Certainly, there’s a lot to like regarding Baidu story: quarters of 20%-plus revenue growth are characteristic, along with sustained optimism on division of sell-side analysts, diversification into new business lines, and a P/E of just 13 – relatively low, not only for an Internet play, however a Chinese Internet play to boot.

Baidu has kept up with changing appetite – two-thirds of its revenue in released quarter was generated by its mobile platforms – but there’s the reality that advertisers pay a lot less for placements on mobile platforms than they would for computers, which means that Baidu has to work that much harder to generate the same sales.

Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) [Detail Analytic Report] reported that that it has filed firm’s Annual Report on Form 20-F for the fiscal year ended December 31, 2015 with U.S. SEC on April 28, 2016.  To narrow down center on company’s analytic rating, QIHU gets a wide range of reviews from side to side technical indicators; experts keenly produce EPS tends for quartile as well as annual, for present quarter trends were $0.10 and $0.14 for next quarter. To neat down this understanding, 0.57 analysts rate it as ‘Holding’ security, at the same time as 0.14 suggests for ‘Buy’ as compare to 0.10 analyst suggested in 3 month ago. To lodge it average analyst gave price target to 3.89, whereas current price stands at 3.89.

SINA Corporation (NASDAQ:SINA) [Detail Analytic Report] declared that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2015 with U.S. SEC on April 28, 2016. On the other side, Zacks Investment Research cut rating SINA Corporation to a Zacks Rank #5 (Strong Sell). This China-based online media as well as value-added information services provider has seen downward estimation revisions since it released Q4 fiscal 2015 results on Mar 2, 2016. The firm has witnessed downward estimate revisions. Really, Zacks Consensus Estimate for 2016 declined by 32.5% to 27 cents per share.

Noting a main crunch of analyst research by WSJ, SINA under observation of quarterly per share earnings, it has second quarter 2016 trend of $-0.03, while in next quarter estimated EPS trend is $0.19 and for annual basis for 2016 estimated EPS is $0.91. Relatively pool of WSJ analyst issues diverse rating, as for current level it has 8 experts rated as “BUY” security, 1 analyst recommend as “Overweight,” and 5 experts rated as “Hold”.

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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