According to Zacks, “JD.com, Inc. operates as an online direct selling company in China. The company, through its website www.jd.com and mobile applications, offers a selection of genuine products. It offers computers , mobile handsets and other digital products, home appliances; automotive accessories; clothing and footwear; luxury goods, including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; dietary supplements and nutritional products; books, e-books, music, movies, and other multimedia products; maternal and child care products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is headquartered in Beijing, in China. “
A number of other equity research analysts have also weighed in on the company recently. HSBC lowered its price target on JD.com from $100.00 to $91.00 and set a “buy” rating for the company in a research note on Friday, March 11. Susquehanna Bancshares lowered its price target on JD.com from $66.00 to $55.00 and set a “neutral” rating for the company in a Thursday, May 19 research note. Stifel Nicolaus lowered his price target on JD.com from $110.00 to $95.00 in a Wednesday, January 26 research note. JPMorgan Chase & Co. upgraded JD.com from an “underweight” rating to a “neutral” rating and raised its price target for the company from $40.00 to $58.00 in a research note Monday, May 16. Finally, Barclays lowered 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 research note. Two financial analysts have assigned the stock a sell rating, three have issued a hold rating, ten have issued a buy rating and one has assigned the stock a strong buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $89.69.
NASDAQ JD opened at $53.33 on Tuesday. The company has a market capitalization of $71.88 billion, a PE ratio of -52.28 and a beta of 0.57. The stock’s 50-day simple moving average is $57.53 and its 200-day simple moving average is $67.93. JD.com has a 1 year minimum of $41.56 and a 1 year maximum of $92.69. The company has a debt ratio of 0.06, a current ratio of 1.32 and a quick ratio of 1.01.
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 the consensus estimate of $0.19 by $2.34. The company posted revenue of $239.66 billion for 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 quarterly revenue increased by 18.0% compared to the same quarter last year. In the same quarter last year, the company posted earnings per share of $0.22. On average, equity research analysts expect JD.com to post an EPS of 1.18 for the current fiscal year.
Institutional investors and hedge funds have recently been buying and selling shares of the company. Future Financial Wealth Management LLC acquired a new stake in JD.com stock during the fourth quarter worth approximately $34,000. Ahrens Investment Partners LLC acquired a new position in JD.com in Q4 worth approximately $41,000. Tcwp LLC acquired a new position in JD.com in Q1 worth approximately $33,000. First Command Financial Services Inc. acquired a new position in JD.com in Q4 worth approximately $46,000. Finally, Samalin Investment Counsel LLC increased its position in JD.com by 103.0% in the 4th quarter. Samalin Investment Counsel LLC now owns 670 shares of the information services provider valued at $47,000 after acquiring an additional 340 shares during the period. Institutional investors and hedge funds hold 31.57% of the company’s shares.
About JD.com (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 housewares, cosmetics and other personal care items, pharmaceutical and health products, books , automotive accessories, clothing and footwear, bags and jewelry.
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