JD.com (JD) to Release Earnings on Thursday

JD.com (NASDAQ:JD) will release its earnings data before the market opens on Thursday, May 16th. Analysts expect JD.com to post earnings of $0.56 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

JD.com (NASDAQ:JD) last released its earnings results on Wednesday, March 6th. The information services provider reported $5.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $4.74. The business had revenue of $306.08 billion for the quarter, compared to analyst estimates of $300.21 billion. JD.com had a net margin of 2.22% and a return on equity of 10.87%. The business’s revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. 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 50 day simple moving average of $26.94 and a 200-day simple moving average of $26.03. The company has a market capitalization of $50.39 billion, a P/E ratio of 15.00, a P/E/G ratio of 0.26 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.90. JD.com has a 1 year low of $20.82 and a 1 year high of $41.95.

JD.com Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on JD. Barclays cut their price target on shares of JD.com from $45.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, January 31st. Benchmark reiterated a “buy” rating and issued a $55.00 target price on shares of JD.com in a report on Tuesday, April 16th. HSBC lifted their target price on shares of JD.com from $38.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Citigroup dropped their target price on shares of JD.com from $43.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, January 25th. Finally, Mizuho lifted their target price on shares of JD.com from $32.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, JD.com currently has an average rating of “Moderate Buy” and a consensus price target 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.