Analysts Expect JD.com, Inc. (NASDAQ:JD) Will Post Earnings of $0.45 Per Share

Wall Street brokerages expect JD.com, Inc. (NASDAQ:JDGet Rating) to announce $0.45 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have made estimates for JD.com’s earnings, with estimates ranging from $0.43 to $0.46. JD.com also posted earnings per share of $0.45 during the same quarter last year. The company is expected to report its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that JD.com will report full year earnings of $1.87 per share for the current financial year, with EPS estimates ranging from $1.77 to $1.97. For the next financial year, analysts expect that the business will report earnings of $2.60 per share, with EPS estimates ranging from $2.36 to $2.80. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow JD.com.

JD.com (NASDAQ:JDGet Rating) last posted its earnings results on Tuesday, May 17th. The information services provider reported $2.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $2.34. JD.com had a negative net margin of 1.03% and a positive return on equity of 3.95%. The company had revenue of $239.66 billion for the quarter, compared to analyst estimates of $235.73 billion. During the same quarter in the prior year, the business posted $0.22 EPS. The firm’s revenue was up 18.0% compared to the same quarter last year.

JD has been the topic of a number of analyst reports. Susquehanna lowered their target price on shares of JD.com from $66.00 to $55.00 in a report on Thursday, May 19th. Morgan Stanley lowered their target price on shares of JD.com from $98.00 to $85.00 and set an “overweight” rating on the stock in a report on Monday, March 7th. Stifel Nicolaus lowered their target price on shares of JD.com from $110.00 to $95.00 in a report on Wednesday, January 26th. StockNews.com upgraded shares of JD.com from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, Barclays decreased their price objective on shares of JD.com from $103.00 to $99.00 and set an “overweight” rating for the company in a research note on Friday, March 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, JD.com presently has a consensus rating of “Buy” and an average price target of $89.69.

JD opened at $50.19 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.32 and a quick ratio of 1.01. JD.com has a fifty-two week low of $41.56 and a fifty-two week high of $92.69. The firm has a market capitalization of $67.65 billion, a PE ratio of -49.21 and a beta of 0.57. The company’s 50-day moving average is $57.01 and its 200 day moving average is $67.68.

The business also recently declared a — dividend, which will be paid on Tuesday, June 14th. Stockholders of record on Friday, May 20th will be paid a dividend of $1.26 per share. The ex-dividend date of this dividend is Thursday, May 19th.

Several hedge funds have recently modified their holdings of the company. Sculptor Capital LP purchased a new stake in shares of JD.com during the 1st quarter worth approximately $71,389,000. Toroso Investments LLC boosted its holdings in JD.com by 2.2% in the 1st quarter. Toroso Investments LLC now owns 212,121 shares of the information services provider’s stock worth $12,275,000 after buying an additional 4,560 shares during the period. Capital World Investors boosted its holdings in JD.com by 14.1% in the 1st quarter. Capital World Investors now owns 19,883 shares of the information services provider’s stock worth $1,223,000 after buying an additional 2,458 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in JD.com by 8.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,513,237 shares of the information services provider’s stock worth $87,571,000 after buying an additional 113,411 shares during the period. Finally, Wahed Invest LLC bought a new position in JD.com in the 1st quarter worth approximately $635,000. Institutional investors own 31.57% of the company’s stock.

JD.com Company Profile (Get 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 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, books, automobile accessories, apparel and footwear, bags, and jewelry.

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