JD.Com (NASDAQ:JD)‘s stock had its “mkt perform” rating reissued by equities researchers at Sanford C. Bernstein in a research report issued to clients and investors on Monday.
JD has been the subject of several other reports. Zacks Investment Research downgraded shares of JD.Com from a “hold” rating to a “strong sell” rating in a report on Saturday, November 3rd. BidaskClub downgraded JD.Com from a “sell” rating to a “strong sell” rating in a report on Thursday, November 8th. Credit Suisse Group set a $31.00 price objective on JD.Com and gave the company a “buy jd” rating in a report on Monday, December 24th. ValuEngine downgraded JD.Com from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Finally, CLSA downgraded JD.Com from an “outperform” rating to an “underperform” rating and set a $29.00 price objective for the company. in a report on Thursday, September 20th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $34.35.
Shares of JD stock traded down $0.88 during trading on Monday, hitting $22.00. The company had a trading volume of 377,811 shares, compared to its average volume of 17,214,875. The company has a current ratio of 0.90, a quick ratio of 0.57 and a debt-to-equity ratio of 0.15. The stock has a market cap of $28.52 billion, a P/E ratio of 2,200.00 and a beta of 1.16. JD.Com has a one year low of $19.21 and a one year high of $50.68.
JD.Com (NASDAQ:JD) last released its earnings results on Monday, November 19th. The information services provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.06). JD.Com had a negative return on equity of 2.40% and a net margin of 0.31%. The business had revenue of $104.77 billion for the quarter, compared to the consensus estimate of $105.93 billion. During the same quarter in the previous year, the company earned $1.52 earnings per share. The firm’s revenue for the quarter was up 25.1% on a year-over-year basis. Analysts forecast that JD.Com will post 0.02 EPS for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in JD. Dimensional Fund Advisors LP increased its stake in JD.Com by 3.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 911,002 shares of the information services provider’s stock valued at $35,489,000 after buying an additional 33,955 shares during the last quarter. Glen Harbor Capital Management LLC purchased a new stake in JD.Com in the 2nd quarter valued at about $140,000. Voya Investment Management LLC increased its stake in JD.Com by 35.3% in the 2nd quarter. Voya Investment Management LLC now owns 113,737 shares of the information services provider’s stock valued at $4,430,000 after buying an additional 29,648 shares during the last quarter. Vident Investment Advisory LLC increased its stake in JD.Com by 164.0% in the 2nd quarter. Vident Investment Advisory LLC now owns 38,567 shares of the information services provider’s stock valued at $1,502,000 after buying an additional 23,961 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in JD.Com in the 2nd quarter valued at about $1,377,000. 47.24% of the stock is currently owned by institutional investors and hedge funds.
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.
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