JD.Com Inc (NASDAQ:JD) has received a consensus rating of “Hold” from the eighteen research firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $39.44.

JD has been the subject of a number of recent analyst reports. KeyCorp upgraded shares of JD.Com to a “buy” rating and set a $51.00 price target for the company in a research report on Monday, July 9th. BidaskClub lowered shares of JD.Com from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 12th. ValuEngine lowered shares of JD.Com from a “hold” rating to a “sell” rating in a research report on Thursday, July 19th. Stifel Nicolaus reiterated a “buy” rating and issued a $50.00 price target on shares of JD.Com in a research report on Thursday, July 19th. Finally, Zacks Investment Research lowered shares of JD.Com from a “hold” rating to a “sell” rating in a research report on Wednesday, August 1st.

Shares of JD stock opened at $23.01 on Wednesday. JD.Com has a 12 month low of $22.50 and a 12 month high of $50.68. The company has a market cap of $28.09 billion, a price-to-earnings ratio of 2,301.00 and a beta of 1.41. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.99 and a quick ratio of 0.66.

JD.Com (NASDAQ:JD) last announced its earnings results on Thursday, August 16th. The information services provider reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.35. JD.Com had a negative net margin of 0.12% and a negative return on equity of 0.96%. The business had revenue of $122.30 billion during the quarter, compared to analysts’ expectations of $122.78 billion. During the same period in the prior year, the company earned $0.67 earnings per share. The firm’s revenue was up 31.2% on a year-over-year basis. As a group, research analysts predict that JD.Com will post 0.29 earnings per share for the current year.

Several large investors have recently modified their holdings of the stock. Neuburgh Advisers LLC purchased a new stake in JD.Com during the second quarter valued at $102,000. Legacy Advisors LLC raised its stake in JD.Com by 200.0% during the second quarter. Legacy Advisors LLC now owns 3,000 shares of the information services provider’s stock valued at $117,000 after purchasing an additional 2,000 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in JD.Com by 69.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,347 shares of the information services provider’s stock valued at $130,000 after purchasing an additional 1,375 shares in the last quarter. Glen Harbor Capital Management LLC purchased a new stake in JD.Com during the second quarter valued at $140,000. Finally, Riverhead Capital Management LLC purchased a new stake in JD.Com during the second quarter valued at $160,000. Hedge funds and other institutional investors own 50.99% of the company’s stock.

JD.Com Company Profile

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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