JD.com, Inc. (NASDAQ: JD- Get a rating) received an average “Buy” rating from the nineteen research firms that cover the stock, reports Marketbeat Ratings. Two investment analysts rated the stock with a sell recommendation, three gave the company a hold recommendation, seven gave the company a buy recommendation and one gave the company a strong buy recommendation. The 12-month average price target among analysts who updated their stock coverage in the last year is $89.00.
Several equity research analysts have recently commented on JD shares. JPMorgan Chase & Co. downgraded JD.com from an “underweight” to a “neutral” rating and raised its price target for the company from $40.00 to $58.00 in a report from the Monday, May 16. CLSA reduced its price target on JD.com from $108.00 to $100.00 in a Wednesday, April 13 report. HSBC cut its price target on JD.com from $100.00 to $91.00 and set a “buy” rating for the company in a Friday, March 11 report. Benchmark lowered its price target on JD.com from $117.00 to $106.00 and set a “na” rating for the company in a Wednesday, May 18 report. Finally, Barclays cut its price target on JD.com from $103.00 to $99.00 and set an “overweight” rating for the company in a Friday, March 11 report.
Hedge funds have recently been buying and selling shares of the company. Tcwp LLC bought a new stock position in JD.com during Q1 for $33,000. Future Financial Wealth Management LLC bought a new stock position from JD.com during Q4 for $34,000. Industrial Alliance Investment Management Inc. acquired a new stock position in JD.com during the 4th quarter worth $39,000. Ahrens Investment Partners LLC bought a new stock position in JD.com during Q4 for $41,000. Finally, First Command Financial Services Inc. bought a new position in JD.com stock during Q4 for $46,000. 31.57% of the shares are currently held by institutional investors and hedge funds.
JD shares opened at $56.52 on Friday. The company has a market capitalization of $76.18 billion, a P/E ratio of -55.41 and a beta of 0.57. The stock has a 50-day simple moving average of $55.96 and a two-hundred-day simple moving average of $66.59. The company has a debt ratio of 0.06, a quick ratio of 1.01 and a current ratio of 1.32. JD.com has a fifty-two week low of $41.56 and a fifty-two week high of $92.69.
JD.com (NASDAQ:JD – Get a rating) last reported results on Tuesday, May 17. The information services provider reported earnings per share of $2.53 for the quarter, beating analysts’ consensus estimate of $0.19 from $2.34. The company posted revenue of $239.66 billion in the quarter, versus a consensus estimate of $235.73 billion. JD.com had a positive return on equity of 3.95% and a negative net margin of 1.03%. The company’s revenue for the quarter increased 18.0% year over year. In the same period a year earlier, the company posted earnings per share of $0.22. On average, research analysts predict that JD.com will post 1.3 earnings per share for the current year.
The company also recently disclosed a dividend, which will be paid on Tuesday, June 14. Shareholders of record on Friday, May 20 will receive a dividend of $1.26. The ex-dividend date is Thursday, May 19.
JD.com Company Profile (Get a rating)
JD.com, Inc provides supply chain-based technologies and services in the People’s Republic of China. The company offers computers, communication and consumer electronics products, as well as home appliances; and general merchandise including food, beverages and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and health products, books , automotive accessories, clothing and footwear, bags and jewelry.
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