JD.Com (NASDAQ:JD) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Monday, February 4th.
A number of other analysts have also recently weighed in on JD. Zacks Investment Research raised shares of JD.Com from a “sell” rating to a “hold” rating in a report on Tuesday, December 18th. Cowen reaffirmed a “neutral” rating on shares of JD.Com in a report on Wednesday, November 21st. Credit Suisse Group set a $31.00 price objective on shares of JD.Com and gave the stock a “buy” rating in a report on Tuesday, November 20th. Nomura reaffirmed a “neutral” rating and issued a $24.00 price objective (down previously from $41.00) on shares of JD.Com in a report on Tuesday, November 20th. Finally, TH Capital dropped their price objective on shares of JD.Com to $30.00 and set a “buy” rating on the stock in a report on Friday, November 16th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $33.49.
NASDAQ JD opened at $24.28 on Monday. JD.Com has a 12 month low of $19.21 and a 12 month high of $49.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.57 and a current ratio of 0.90. The firm has a market cap of $29.23 billion, a price-to-earnings ratio of 2,428.00 and a beta of 1.28.
JD.Com (NASDAQ:JD) last posted its quarterly earnings data on Monday, November 19th. The information services provider reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.06). JD.Com had a net margin of 0.31% and a negative return on equity of 2.40%. The company had revenue of $104.77 billion for the quarter, compared to the consensus estimate of $105.93 billion. During the same quarter last year, the company earned $1.52 earnings per share. The company’s revenue was up 25.1% compared to the same quarter last year. On average, research analysts expect that JD.Com will post 0.02 EPS for the current fiscal year.
Large investors have recently bought and sold shares of the company. Doyle Wealth Management purchased a new stake in shares of JD.Com in the fourth quarter worth approximately $42,000. AlphaMark Advisors LLC purchased a new stake in shares of JD.Com in the fourth quarter worth approximately $47,000. Exane Derivatives purchased a new stake in shares of JD.Com in the fourth quarter worth approximately $75,000. Truewealth LLC lifted its position in shares of JD.Com by 13.2% in the fourth quarter. Truewealth LLC now owns 3,829 shares of the information services provider’s stock worth $80,000 after purchasing an additional 445 shares in the last quarter. Finally, Ayalon Holdings Ltd. purchased a new stake in shares of JD.Com in the fourth quarter worth approximately $85,000. Institutional investors own 47.07% of the company’s stock.
JD.Com Company Profile
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
Further Reading: Return on Equity (ROE)
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