JD.com (NASDAQ:JD) Shares Down 4.1%

JD.com, Inc. (NASDAQ:JD)’s stock price was down 4.1% on Thursday . The company traded as low as $73.18 and last traded at $73.28. Approximately 118,599 shares traded hands during trading, a decline of 99% from the average daily volume of 12,630,838 shares. The stock had previously closed at $76.40.

A number of equities analysts have weighed in on JD shares. Citigroup upped their price target on JD.com from $108.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, November 19th. Macquarie initiated coverage on JD.com in a research note on Tuesday, December 7th. They set an “outperform” rating on the stock. CLSA upped their price objective on JD.com from $103.00 to $108.00 and gave the stock a “buy” rating in a research note on Friday, November 19th. Stifel Nicolaus reiterated a “buy” rating and set a $110.00 price objective on shares of JD.com in a research note on Thursday, December 23rd. Finally, UBS Group upped their price objective on JD.com from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, November 19th. One analyst has rated the stock with a sell rating, two have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, JD.com currently has a consensus rating of “Buy” and a consensus price target of $103.11.

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.12 and a current ratio of 1.41. The business has a fifty day simple moving average of $77.09 and a 200 day simple moving average of $76.07. The stock has a market capitalization of $98.74 billion, a price-to-earnings ratio of 29.85, a price-to-earnings-growth ratio of 1.77 and a beta of 0.75.

JD.com (NASDAQ:JD) last issued its quarterly earnings data on Wednesday, November 17th. The information services provider reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $2.99. JD.com had a return on equity of 4.07% and a net margin of 2.86%. The firm had revenue of $218.71 billion for the quarter, compared to analyst estimates of $214.27 billion. During the same period in the prior year, the firm posted $0.40 EPS. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. On average, sell-side analysts forecast that JD.com, Inc. will post 0.97 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Saban Cheryl acquired a new stake in shares of JD.com during the 3rd quarter worth $29,000. Albion Financial Group UT acquired a new stake in shares of JD.com during the 2nd quarter worth $30,000. Future Financial Wealth Managment LLC acquired a new stake in shares of JD.com during the 4th quarter worth $34,000. Lumina Fund Management LLC acquired a new stake in shares of JD.com during the 2nd quarter worth $48,000. Finally, Gradient Investments LLC grew its holdings in shares of JD.com by 25.0% during the 4th quarter. Gradient Investments LLC now owns 750 shares of the information services provider’s stock worth $53,000 after purchasing an additional 150 shares in the last quarter. 34.22% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Company Profile (NASDAQ:JD)

JD.com, Inc is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the JD Retail and New Businesses segments. The JD Retail segment offers online retail, online marketplace, and marketing services.

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