JD.com (NASDAQ:JD) Getting Favorable Media Coverage, Analysis Shows
News articles about JD.com (NASDAQ:JD) have been trending positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. JD.com earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the information services provider an impact score of 45.955037607396 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- JD.com Boosted By Online Appliance Sales (finance.yahoo.com)
- JD.com, Inc. (JD) Rating Reiterated by Bank of America Corporation (americanbankingnews.com)
- JD.com Inc (JD) Share Activity Climbing in Session – Evergreen Caller (evergreencaller.com)
- JD.com, Inc. – American Deposit (JD) Ownership Down in Latest Report from Oz Management Lp – Modern Readers (modernreaders.com)
- China’s JD.com Thinks Its Walmart Partnership Is the One to Beat – TheStreet.com (thestreet.com)
Several equities research analysts recently issued reports on JD shares. Benchmark Co. started coverage on shares of JD.com in a research note on Tuesday, April 18th. They set a “buy” rating and a $40.00 price target on the stock. Vetr raised shares of JD.com from a “sell” rating to a “strong-buy” rating and set a $40.00 price target on the stock in a research note on Tuesday, April 18th. Sanford C. Bernstein raised shares of JD.com from an “underperform” rating to a “market perform” rating and dropped their price target for the stock from $39.09 to $21.00 in a research note on Tuesday, May 9th. Stifel Nicolaus lifted their price target on shares of JD.com from $38.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, May 9th. Finally, Cowen and Company lifted their price target on shares of JD.com from $30.00 to $40.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 9th. Five investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. JD.com currently has an average rating of “Buy” and a consensus target price of $38.63.
Shares of JD.com (NASDAQ:JD) traded down 3.66% during midday trading on Thursday, hitting $46.09. 12,379,593 shares of the company were exchanged. The stock’s 50-day moving average is $42.90 and its 200-day moving average is $36.17. JD.com has a one year low of $22.93 and a one year high of $48.99. The stock’s market cap is $65.42 billion.
JD.com (NASDAQ:JD) last announced its quarterly earnings data on Monday, May 8th. The information services provider reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.13. JD.com had a negative net margin of 0.96% and a negative return on equity of 1.46%. The company had revenue of $76.20 billion during the quarter, compared to analysts’ expectations of $73.59 billion. During the same quarter in the prior year, the company posted ($0.15) EPS. The business’s revenue was up 41.2% on a year-over-year basis. Equities research analysts anticipate that JD.com will post $0.41 EPS for the current year.
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JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.
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