JD.com (JD) to Release Quarterly Earnings on Thursday

JD.com (NASDAQ:JD) is set to announce its earnings results before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $1.04 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

JD.com (NASDAQ:JD) last posted its earnings results on Thursday, August 15th. The information services provider reported $9.36 EPS for the quarter, topping the consensus estimate of $0.79 by $8.57. The firm had revenue of $291.40 billion during the quarter, compared to analysts’ expectations of $291.01 billion. JD.com had a net margin of 2.80% and a return on equity of 13.51%. JD.com’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. On average, analysts expect JD.com to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

JD.com Stock Down 3.4 %

Shares of JD.com stock opened at $38.67 on Thursday. JD.com has a 1-year low of $20.82 and a 1-year high of $47.82. The company has a market capitalization of $60.99 billion, a P/E ratio of 14.06, a PEG ratio of 0.45 and a beta of 0.41. The business’s fifty day moving average price is $35.90 and its two-hundred day moving average price is $31.13. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.15 and a quick ratio of 0.90.

Analyst Ratings Changes

JD has been the subject of a number of research analyst reports. Susquehanna restated a “neutral” rating and issued a $28.00 target price on shares of JD.com in a research report on Monday, August 19th. JPMorgan Chase & Co. lifted their price target on shares of JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Sanford C. Bernstein dropped their price target on JD.com from $35.00 to $32.00 and set a “market perform” rating on the stock in a research note on Friday, August 16th. StockNews.com raised shares of JD.com from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Finally, Barclays boosted their target price on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, JD.com currently has an average rating of “Moderate Buy” and an average target price of $39.71.

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.