JD.com, Inc. (NASDAQ:JD) Receives Average Recommendation of “Moderate Buy” from Analysts

JD.com, Inc. (NASDAQ:JD) has earned an average recommendation of “Moderate Buy” from the sixteen research firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $38.7143.

Several analysts have recently weighed in on JD shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of JD.com in a research note on Monday, December 29th. Sanford C. Bernstein restated an “outperform” rating and issued a $38.00 price target on shares of JD.com in a report on Friday, November 14th. Susquehanna reiterated a “neutral” rating on shares of JD.com in a report on Monday, November 24th. Morgan Stanley reduced their target price on JD.com from $28.00 to $24.00 and set an “underweight” rating for the company in a research note on Wednesday, January 14th. Finally, Wall Street Zen lowered JD.com from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd.

JD.com Stock Performance

JD stock opened at $27.52 on Friday. The firm has a market cap of $39.42 billion, a PE ratio of 9.36, a price-to-earnings-growth ratio of 6.06 and a beta of 0.41. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average price of $29.06 and a 200-day moving average price of $31.17. JD.com has a 1-year low of $27.02 and a 1-year high of $46.44.

JD.com (NASDAQ:JD) last released its earnings results on Thursday, November 13th. The information services provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.44 by $0.08. The business had revenue of $41.98 billion during the quarter, compared to analysts’ expectations of $40.87 billion. JD.com had a return on equity of 10.99% and a net margin of 2.46%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the firm posted $8.68 earnings per share. As a group, equities research analysts expect that JD.com will post 3.91 earnings per share for the current year.

Institutional Trading of JD.com

Several hedge funds have recently bought and sold shares of the business. Channing Global Advisors LLC raised its holdings in JD.com by 1.9% during the third quarter. Channing Global Advisors LLC now owns 17,291 shares of the information services provider’s stock worth $605,000 after buying an additional 321 shares during the last quarter. SBI Securities Co. Ltd. increased its position in shares of JD.com by 3.8% during the second quarter. SBI Securities Co. Ltd. now owns 8,876 shares of the information services provider’s stock worth $290,000 after acquiring an additional 324 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of JD.com by 0.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,912 shares of the information services provider’s stock worth $1,633,000 after acquiring an additional 354 shares during the last quarter. Aaron Wealth Advisors LLC lifted its position in JD.com by 6.0% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 6,630 shares of the information services provider’s stock valued at $232,000 after acquiring an additional 374 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in JD.com by 62.0% during the 3rd quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock valued at $36,000 after purchasing an additional 399 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

About JD.com

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.