JD.com, Inc. (NASDAQ:JD) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of JD.com, Inc. (NASDAQ:JD) have been assigned a consensus recommendation of “Moderate Buy” from the eighteen research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $38.40.

A number of research firms recently issued reports on JD. HSBC reissued a “buy” rating and issued a $37.00 price target on shares of JD.com in a research note on Monday, December 29th. Citigroup decreased their price objective on shares of JD.com from $44.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, January 2nd. Nomura dropped their target price on shares of JD.com from $43.00 to $37.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Arete Research set a $32.00 price target on shares of JD.com in a research report on Tuesday, December 9th. Finally, Wall Street Zen lowered shares of JD.com from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd.

JD.com Price Performance

Shares of JD.com stock opened at $28.90 on Monday. The firm has a market cap of $41.40 billion, a PE ratio of 9.83, a P/E/G ratio of 5.26 and a beta of 0.40. JD.com has a twelve month low of $28.21 and a twelve month high of $46.44. The company has a quick ratio of 0.88, a current ratio of 1.20 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average price of $29.50 and a 200 day moving average price of $31.66.

JD.com (NASDAQ:JD) last issued its quarterly earnings results on Thursday, November 13th. The information services provider reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.08. The company had revenue of $41.98 billion for the quarter, compared to the consensus estimate of $40.87 billion. JD.com had a return on equity of 10.99% and a net margin of 2.46%.JD.com’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $8.68 earnings per share. Sell-side analysts predict that JD.com will post 3.91 earnings per share for the current fiscal year.

Institutional Trading of JD.com

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in JD.com in the 4th quarter valued at $270,000. Empowered Funds LLC boosted its stake in JD.com by 35.5% during the 1st quarter. Empowered Funds LLC now owns 19,462 shares of the information services provider’s stock worth $800,000 after purchasing an additional 5,099 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of JD.com by 36.5% during the first quarter. Focus Partners Wealth now owns 28,789 shares of the information services provider’s stock worth $1,184,000 after buying an additional 7,701 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of JD.com by 32.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 18,349 shares of the information services provider’s stock valued at $588,000 after buying an additional 4,513 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its position in shares of JD.com by 42.6% in the second quarter. Exchange Traded Concepts LLC now owns 115,817 shares of the information services provider’s stock valued at $3,780,000 after buying an additional 34,585 shares during the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.