Equities research analysts expect JD.Com Inc (NASDAQ:JD) to announce $0.09 earnings per share for the current quarter, Zacks reports. Three analysts have issued estimates for JD.Com’s earnings, with the highest EPS estimate coming in at $0.12 and the lowest estimate coming in at $0.07. JD.Com posted earnings of $0.07 per share in the same quarter last year, which would suggest a positive year over year growth rate of 28.6%. The firm is scheduled to report its next quarterly earnings results on Thursday, February 27th.
According to Zacks, analysts expect that JD.Com will report full-year earnings of $1.06 per share for the current financial year, with EPS estimates ranging from $1.03 to $1.12. For the next financial year, analysts forecast that the company will report earnings of $1.47 per share, with EPS estimates ranging from $1.39 to $1.53. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow JD.Com.
A number of research firms have weighed in on JD. Macquarie began coverage on JD.Com in a report on Wednesday, November 27th. They set a “neutral” rating and a $36.00 target price for the company. HSBC began coverage on JD.Com in a report on Monday. They set a “buy” rating and a $40.00 target price for the company. Barclays raised JD.Com from an “equal weight” rating to an “overweight” rating and set a $38.00 target price for the company in a report on Monday, November 25th. BidaskClub lowered JD.Com from a “buy” rating to a “hold” rating in a report on Thursday, November 21st. Finally, Nomura reaffirmed a “buy” rating and set a $42.00 target price on shares of JD.Com in a report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $35.69.
JD traded up $0.58 during trading hours on Friday, hitting $33.82. The stock had a trading volume of 12,574,199 shares, compared to its average volume of 11,821,062. The company has a quick ratio of 0.61, a current ratio of 0.98 and a debt-to-equity ratio of 0.20. The stock has a market cap of $48.51 billion, a PE ratio of -1,127.33 and a beta of 1.36. JD.Com has a 1 year low of $19.26 and a 1 year high of $35.43. The company’s fifty day simple moving average is $32.38 and its 200 day simple moving average is $30.16.
Institutional investors and hedge funds have recently modified their holdings of the company. NEXT Financial Group Inc bought a new stake in shares of JD.Com during the 2nd quarter valued at about $25,000. Lindbrook Capital LLC boosted its position in shares of JD.Com by 85.5% during the 3rd quarter. Lindbrook Capital LLC now owns 872 shares of the information services provider’s stock valued at $25,000 after acquiring an additional 402 shares during the last quarter. CWM LLC bought a new stake in shares of JD.Com during the 2nd quarter valued at about $26,000. WealthStone Inc. bought a new stake in shares of JD.Com during the 2nd quarter valued at about $28,000. Finally, Quest Capital Management Inc. ADV bought a new stake in shares of JD.Com during the 3rd quarter valued at about $28,000. Hedge funds and other institutional investors own 38.99% of the company’s stock.
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.
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