BidaskClub upgraded shares of JD.Com (NASDAQ:JD) from a strong sell rating to a sell rating in a research note released on Wednesday morning.

A number of other equities analysts have also recently issued reports on the company. Zacks Investment Research upgraded JD.Com from a hold rating to a buy rating and set a $27.00 price target on the stock in a report on Thursday, September 27th. CLSA cut JD.Com from an outperform rating to an underperform rating and set a $29.00 price target on the stock. in a report on Thursday, September 20th. Morgan Stanley restated a hold rating and set a $25.00 price target on shares of JD.Com in a report on Monday, September 17th. MKM Partners cut their price target on JD.Com to $41.00 and set a buy rating on the stock in a report on Monday, September 24th. Finally, UBS Group set a $28.00 price target on JD.Com and gave the stock a buy rating in a report on Friday, October 12th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. JD.Com currently has an average rating of Hold and a consensus target price of $35.19.

JD.Com stock opened at $20.93 on Wednesday. The company has a market cap of $25.56 billion, a price-to-earnings ratio of 2,093.00 and a beta of 1.37. JD.Com has a 52-week low of $19.21 and a 52-week high of $50.68. The company has a current ratio of 0.90, a quick ratio of 0.57 and a debt-to-equity ratio of 0.15.

JD.Com (NASDAQ:JD) last posted its quarterly earnings results on Monday, November 19th. The information services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). The business had revenue of $104.77 billion for the quarter, compared to the consensus estimate of $105.93 billion. JD.Com had a negative return on equity of 2.40% and a net margin of 0.31%. JD.Com’s quarterly revenue was up 25.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.52 earnings per share. As a group, sell-side analysts forecast that JD.Com will post 0.02 EPS for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Cornerstone Wealth Management LLC bought a new position in JD.Com during the 2nd quarter valued at $454,000. Eqis Capital Management Inc. bought a new position in JD.Com during the 2nd quarter valued at $249,000. Commonwealth Equity Services LLC lifted its stake in JD.Com by 45.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 107,250 shares of the information services provider’s stock valued at $4,177,000 after acquiring an additional 33,439 shares in the last quarter. Aviva PLC lifted its stake in JD.Com by 11.4% during the 2nd quarter. Aviva PLC now owns 187,105 shares of the information services provider’s stock valued at $7,288,000 after acquiring an additional 19,170 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in JD.Com by 7.3% during the 2nd quarter. First Trust Advisors LP now owns 1,035,825 shares of the information services provider’s stock valued at $40,345,000 after acquiring an additional 70,630 shares in the last quarter. Institutional investors own 47.24% 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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