JD.Com Inc (NASDAQ:JD) Expected to Post Earnings of $0.09 Per Share

Brokerages predict that JD.Com Inc (NASDAQ:JD) will report $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 reported earnings per share of $0.07 in the same quarter last year, which would suggest a positive year-over-year growth rate of 28.6%. The firm is scheduled to announce its next earnings report on Thursday, February 27th.

On average, 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 year, analysts forecast that the company will post earnings of $1.47 per share, with EPS estimates ranging from $1.39 to $1.53. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow JD.Com.

A number of research analysts have recently commented on the company. Nomura reissued a “buy” rating and set a $42.00 price objective on shares of JD.Com in a report on Thursday, November 21st. BidaskClub lowered JD.Com from a “buy” rating to a “hold” rating in a report on Thursday, November 21st. 86 Research raised JD.Com from a “hold” rating to a “buy” rating and increased their price objective for the company from $35.00 to $41.00 in a report on Friday, October 11th. Macquarie assumed coverage on JD.Com in a report on Wednesday, November 27th. They set a “neutral” rating and a $36.00 price objective on the stock. Finally, Zacks Investment Research lowered JD.Com from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have given a buy rating to the company’s stock. JD.Com currently has a consensus rating of “Buy” and a consensus target price of $35.69.

Large investors have recently made changes to their positions in the stock. NEXT Financial Group Inc bought a new stake in shares of JD.Com in the 2nd quarter worth approximately $25,000. Lindbrook Capital LLC lifted its position in shares of JD.Com by 85.5% in the 3rd quarter. Lindbrook Capital LLC now owns 872 shares of the information services provider’s stock worth $25,000 after acquiring an additional 402 shares during the period. CWM LLC bought a new stake in shares of JD.Com in the 2nd quarter worth approximately $26,000. WealthStone Inc. bought a new stake in shares of JD.Com in the 2nd quarter worth approximately $28,000. Finally, Quest Capital Management Inc. ADV bought a new stake in shares of JD.Com in the 3rd quarter worth approximately $28,000. Hedge funds and other institutional investors own 38.99% of the company’s stock.

Shares of NASDAQ JD traded up $0.18 during mid-day trading on Friday, reaching $34.00. 12,124,150 shares of the company traded hands, compared to its average volume of 11,462,945. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.61 and a current ratio of 0.98. The stock has a market cap of $48.49 billion, a PE ratio of -1,133.33 and a beta of 1.36. The company’s fifty day moving average is $32.52 and its two-hundred day moving average is $30.23. JD.Com has a fifty-two week low of $19.26 and a fifty-two week high of $35.43.

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 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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Earnings History and Estimates for JD.Com (NASDAQ:JD)

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