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

Shares of JD.com, Inc. (NASDAQ:JD) have earned an average recommendation of “Moderate Buy” from the fourteen analysts that are presently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $35.60.

A number of research firms recently commented on JD. Benchmark reaffirmed a “buy” rating and issued a $55.00 target price on shares of JD.com in a research report on Tuesday, April 16th. StockNews.com raised JD.com from a “hold” rating to a “buy” rating in a report on Monday, April 8th. The Goldman Sachs Group began coverage on JD.com in a research note on Thursday, April 25th. They set a “buy” rating and a $37.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on JD.com from $25.00 to $28.00 and gave the company a “hold” rating in a research note on Friday, April 5th. Finally, Susquehanna cut their target price on shares of JD.com from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Friday, April 5th.

Institutional Trading of JD.com

A number of large investors have recently made changes to their positions in JD. China Universal Asset Management Co. Ltd. grew its stake in JD.com by 146.3% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 1,754 shares of the information services provider’s stock worth $51,000 after acquiring an additional 1,042 shares during the period. Allspring Global Investments Holdings LLC increased its stake in JD.com by 812.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,888 shares of the information services provider’s stock valued at $52,000 after purchasing an additional 1,681 shares during the last quarter. Mizuho Securities Co. Ltd. lifted its position in JD.com by 468.8% during the third quarter. Mizuho Securities Co. Ltd. now owns 1,820 shares of the information services provider’s stock worth $53,000 after buying an additional 1,500 shares during the period. Hexagon Capital Partners LLC purchased a new position in JD.com during the first quarter worth about $58,000. Finally, Spire Wealth Management grew its holdings in JD.com by 81.3% in the 3rd quarter. Spire Wealth Management now owns 2,166 shares of the information services provider’s stock valued at $63,000 after buying an additional 971 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Trading Up 0.7 %

NASDAQ:JD opened at $32.87 on Friday. The stock has a fifty day moving average price of $26.42 and a 200 day moving average price of $25.89. The company has a current ratio of 1.16, a quick ratio of 0.90 and a debt-to-equity ratio of 0.14. JD.com has a 12-month low of $20.82 and a 12-month high of $41.95. The firm has a market cap of $51.84 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 0.23 and a beta of 0.51.

JD.com (NASDAQ:JD) last issued its earnings results on Wednesday, March 6th. The information services provider reported $5.30 earnings per share for the quarter, beating the consensus estimate of $0.56 by $4.74. JD.com had a net margin of 2.22% and a return on equity of 10.87%. The firm had revenue of $306.08 billion for the quarter, compared to analysts’ expectations of $300.21 billion. During the same quarter last year, the company earned $0.54 earnings per share. The firm’s revenue was up 3.6% compared to the same quarter last year. Sell-side analysts anticipate that JD.com will post 2.85 earnings per share for the current fiscal year.

JD.com Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, April 29th. Investors of record on Friday, April 5th were given a dividend of $0.74 per share. The ex-dividend date was Thursday, April 4th. This represents a dividend yield of 2.99%. JD.com’s dividend payout ratio is currently 34.74%.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.