JD.Com (JD) Stock Rating Upgraded by BidaskClub

JD.Com (NASDAQ:JD) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Wednesday.

A number of other equities analysts also recently commented on the stock. Zacks Investment Research upgraded shares of JD.Com from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Thursday, September 27th. CLSA downgraded shares of JD.Com from an “outperform” rating to an “underperform” rating and set a $29.00 price objective for the company. in a research report on Thursday, September 20th. Morgan Stanley restated a “hold” rating and set a $25.00 price objective on shares of JD.Com in a research report on Monday, September 17th. MKM Partners cut their price objective on shares of JD.Com to $41.00 and set a “buy” rating for the company in a research report on Monday, September 24th. Finally, UBS Group set a $28.00 price objective on shares of JD.Com and gave the stock a “buy” rating in a research report on Friday, October 12th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. JD.Com presently has a consensus rating of “Hold” and a consensus target price of $35.55.

JD stock opened at $21.23 on Wednesday. JD.Com has a 12 month low of $19.21 and a 12 month high of $50.68. The firm has a market capitalization of $25.83 billion, a P/E ratio of 2,123.00 and a beta of 1.37. The company has a quick ratio of 0.57, a current ratio of 0.90 and a debt-to-equity ratio of 0.15.



JD.Com (NASDAQ:JD) last announced its quarterly earnings data on Monday, November 19th. The information services provider reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.06). The firm had revenue of $104.77 billion for the quarter, compared to analysts’ expectations of $105.93 billion. JD.Com had a negative return on equity of 2.40% and a net margin of 0.31%. The firm’s quarterly revenue was up 25.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 EPS. On average, equities research analysts forecast that JD.Com will post 0.02 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. grew its stake in JD.Com by 2.6% in the 3rd quarter. BlackRock Inc. now owns 32,549,805 shares of the information services provider’s stock valued at $849,223,000 after acquiring an additional 839,321 shares during the last quarter. Dodge & Cox grew its stake in JD.Com by 20.2% in the 3rd quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock valued at $834,535,000 after acquiring an additional 5,382,080 shares during the last quarter. Vanguard Group Inc. grew its stake in JD.Com by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 27,469,471 shares of the information services provider’s stock valued at $716,678,000 after acquiring an additional 649,113 shares during the last quarter. OppenheimerFunds Inc. grew its stake in JD.Com by 46.5% in the 2nd quarter. OppenheimerFunds Inc. now owns 24,719,292 shares of the information services provider’s stock valued at $962,818,000 after acquiring an additional 7,842,079 shares during the last quarter. Finally, First Pacific Advisors LP grew its stake in JD.Com by 454.8% in the 3rd quarter. First Pacific Advisors LP now owns 9,369,029 shares of the information services provider’s stock valued at $244,438,000 after acquiring an additional 7,680,288 shares during the last quarter. Institutional investors and hedge funds own 47.24% of the company’s stock.

About JD.Com

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 Mall 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; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.

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Analyst Recommendations for JD.Com (NASDAQ:JD)

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