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

Shares of JD.com, Inc. (NASDAQ:JD) have received a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $38.7692.

A number of brokerages recently commented on JD. Morgan Stanley raised their price objective on shares of JD.com from $25.00 to $27.00 and gave the stock an “underweight” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded shares of JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Nomura raised their price objective on shares of JD.com from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Susquehanna raised their price objective on shares of JD.com from $30.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Citigroup raised their price objective on shares of JD.com from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th.

JD.com Price Performance

JD opened at $30.52 on Friday. JD.com has a 12 month low of $24.51 and a 12 month high of $36.86. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. The company has a fifty day simple moving average of $29.87 and a 200 day simple moving average of $29.27. The stock has a market cap of $43.72 billion, a P/E ratio of 23.84 and a beta of 0.41.

JD.com (NASDAQ:JD) last issued its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 EPS for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The business had revenue of $45.79 billion for the quarter. On average, research analysts expect that JD.com will post 2.66 EPS for the current year.

JD.com Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were issued a dividend of $1.00 per share. The ex-dividend date was Thursday, April 9th. This is a positive change from JD.com’s previous annual dividend of $0.76. This represents a dividend yield of 353.0%. JD.com’s dividend payout ratio (DPR) is 76.56%.

Institutional Investors Weigh In On JD.com

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aurora Investment Managers LLC. raised its holdings in shares of JD.com by 24.6% in the 3rd quarter. Aurora Investment Managers LLC. now owns 269,504 shares of the information services provider’s stock valued at $9,427,000 after purchasing an additional 53,223 shares during the period. Todd Asset Management LLC raised its holdings in shares of JD.com by 8.3% in the 3rd quarter. Todd Asset Management LLC now owns 1,116,629 shares of the information services provider’s stock valued at $39,060,000 after purchasing an additional 85,331 shares during the period. Nan Fung Trinity HK Ltd. bought a new stake in shares of JD.com in the 3rd quarter valued at about $16,815,000. Y Intercept Hong Kong Ltd bought a new stake in shares of JD.com in the 3rd quarter valued at about $22,096,000. Finally, Glaxis Capital Management LLC bought a new stake in shares of JD.com in the 3rd quarter valued at about $2,449,000. 15.98% of the stock is owned by institutional investors.

About JD.com

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.