JD.com (JD) to Release Earnings on Thursday

JD.com (NASDAQ:JD) is set to post its quarterly earnings results before the market opens on Thursday, May 16th. Analysts expect JD.com to post earnings of $0.56 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

JD.com (NASDAQ:JD) last issued its earnings results on Wednesday, March 6th. The information services provider reported $5.30 EPS for the quarter, topping the consensus estimate of $0.56 by $4.74. The firm had revenue of $306.08 billion during the quarter, compared to the consensus estimate of $300.21 billion. JD.com had a return on equity of 10.87% and a net margin of 2.22%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.54 earnings per share. On average, analysts expect JD.com to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

JD.com Stock Down 0.6 %

Shares of NASDAQ JD opened at $31.95 on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.90 and a debt-to-equity ratio of 0.14. The company has a market cap of $50.39 billion, a price-to-earnings ratio of 15.00, a PEG ratio of 0.26 and a beta of 0.51. JD.com has a 12 month low of $20.82 and a 12 month high of $41.95. The stock has a 50-day moving average price of $26.94 and a two-hundred day moving average price of $26.03.

JD.com Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, April 29th. Shareholders of record on Friday, April 5th were paid a dividend of $0.74 per share. This represents a yield of 2.99%. The ex-dividend date of this dividend was Thursday, April 4th. JD.com’s payout ratio is 34.74%.

Wall Street Analyst Weigh In

Several brokerages have commented on JD. Barclays lowered their target price on JD.com from $45.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, January 31st. Benchmark restated a “buy” rating and set a $55.00 price target on shares of JD.com in a report on Tuesday, April 16th. Citigroup reduced their price target on JD.com from $43.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, January 25th. StockNews.com upgraded JD.com from a “hold” rating to a “buy” rating in a report on Monday, April 8th. Finally, JPMorgan Chase & Co. boosted their price target on JD.com from $25.00 to $28.00 and gave the stock a “hold” rating in a report on Friday, April 5th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $35.60.

About JD.com

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.