Press coverage about JD.com (NASDAQ:JD) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JD.com earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 45.9012670584678 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Several equities research analysts recently issued reports on JD shares. BidaskClub cut shares of JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 15th. Bank of America Corporation restated a “buy” rating and set a $53.00 price objective (up from $46.00) on shares of JD.com in a research report on Wednesday, August 9th. Instinet restated a “buy” rating on shares of JD.com in a research report on Saturday, July 22nd. MKM Partners upgraded shares of JD.com from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $33.00 to $51.00 in a research report on Wednesday, August 23rd. They noted that the move was a valuation call. Finally, HSBC Holdings plc restated a “buy” rating and set a $49.00 price objective on shares of JD.com in a research report on Tuesday, August 15th. Four equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. JD.com has an average rating of “Buy” and an average price target of $43.10.

JD.com (NASDAQ JD) opened at 42.37 on Friday. JD.com has a 1-year low of $23.38 and a 1-year high of $48.99.

JD.com (NASDAQ:JD) last issued its earnings results on Monday, August 14th. The information services provider reported $0.02 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.02. JD.com had a negative return on equity of 1.80% and a negative net margin of 0.95%. The business had revenue of $93.20 billion during the quarter, compared to analysts’ expectations of $89.35 billion. During the same quarter in the previous year, the business earned $0.29 EPS. The company’s revenue for the quarter was up 43.6% on a year-over-year basis. Analysts expect that JD.com will post $0.46 earnings per share for the current year.

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About JD.com

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.

Insider Buying and Selling by Quarter for JD.com (NASDAQ:JD)

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