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

JD.com, Inc. (NASDAQ:JDGet Free Report) has been given a consensus rating of “Moderate Buy” by the sixteen brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $36.3571.

JD has been the topic of a number of research reports. HSBC reaffirmed a “buy” rating and issued a $37.00 price target on shares of JD.com in a research note on Monday, December 29th. Barclays decreased their price objective on shares of JD.com from $41.00 to $34.00 and set an “overweight” rating for the company in a report on Monday. Morgan Stanley reiterated an “underweight” rating and issued a $22.00 target price on shares of JD.com in a report on Thursday. Sanford C. Bernstein reissued an “outperform” rating and set a $38.00 target price on shares of JD.com in a research report on Friday, November 14th. Finally, Nomura upped their price target on shares of JD.com from $37.00 to $40.00 and gave the company a “buy” rating in a report on Monday.

Check Out Our Latest Stock Report on JD

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Flax Pond Capital LLC bought a new stake in shares of JD.com in the fourth quarter valued at approximately $2,409,000. Corient Private Wealth LLC increased its position in JD.com by 158.4% during the fourth quarter. Corient Private Wealth LLC now owns 81,127 shares of the information services provider’s stock worth $2,328,000 after acquiring an additional 49,735 shares during the period. Wahed Invest LLC raised its stake in JD.com by 6.9% during the 4th quarter. Wahed Invest LLC now owns 27,638 shares of the information services provider’s stock valued at $793,000 after purchasing an additional 1,776 shares during the last quarter. Mackenzie Financial Corp raised its stake in JD.com by 0.8% during the 4th quarter. Mackenzie Financial Corp now owns 290,637 shares of the information services provider’s stock valued at $8,328,000 after purchasing an additional 2,168 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in JD.com by 34.4% in the 4th quarter. NewEdge Advisors LLC now owns 107,405 shares of the information services provider’s stock valued at $3,083,000 after purchasing an additional 27,518 shares during the period. 15.98% of the stock is owned by institutional investors.

Key Stories Impacting JD.com

Here are the key news stories impacting JD.com this week:

JD.com Price Performance

NASDAQ JD opened at $27.47 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.22 and a quick ratio of 0.91. The firm has a market capitalization of $39.35 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 8.34 and a beta of 0.41. The company has a 50 day simple moving average of $28.25 and a 200-day simple moving average of $30.59. JD.com has a 52-week low of $24.51 and a 52-week high of $45.75.

JD.com Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, April 29th. Investors of record on Thursday, April 9th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a dividend yield of 396.0%. This is a boost from JD.com’s previous annual dividend of $0.76. JD.com’s payout ratio is presently 55.68%.

About JD.com

(Get Free Report)

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.

See Also

Analyst Recommendations for JD.com (NASDAQ:JD)

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