$0.40 EPS Expected for JD.com, Inc. (NASDAQ:JD) This Quarter

Equities analysts predict that JD.com, Inc. (NASDAQ:JD) will report earnings of $0.40 per share for the current quarter, according to Zacks. Three analysts have issued estimates for JD.com’s earnings, with the highest EPS estimate coming in at $0.46 and the lowest estimate coming in at $0.33. JD.com reported earnings per share of $0.50 during the same quarter last year, which would suggest a negative year-over-year growth rate of 20%. The company is scheduled to report its next earnings results on Monday, November 15th.

According to Zacks, analysts expect that JD.com will report full year earnings of $1.45 per share for the current financial year, with EPS estimates ranging from $1.34 to $1.57. For the next year, analysts expect that the company will post earnings of $2.04 per share, with EPS estimates ranging from $1.79 to $2.23. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for JD.com.

JD.com (NASDAQ:JD) last announced its earnings results on Sunday, August 22nd. The information services provider reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $2.58. The company had revenue of $253.80 billion during the quarter, compared to analyst estimates of $247.94 billion. JD.com had a net margin of 4.23% and a return on equity of 4.95%. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same period in the previous year, the business posted $3.51 earnings per share.

Several equities analysts have weighed in on JD shares. The Goldman Sachs Group lifted their price target on shares of JD.com from $119.00 to $130.00 and gave the company a “conviction-buy” rating in a report on Friday, July 2nd. They noted that the move was a valuation call. Susquehanna Bancshares lowered their target price on shares of JD.com from $90.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday, May 21st. Susquehanna lowered their target price on shares of JD.com from $90.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday, May 21st. Mizuho lowered their target price on shares of JD.com from $95.00 to $85.00 and set a “buy” rating on the stock in a report on Tuesday, August 24th. Finally, Benchmark lowered their target price on shares of JD.com from $112.00 to $102.00 and set a “buy” rating on the stock in a report on Tuesday, August 24th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $100.20.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Burleson & Company LLC bought a new position in shares of JD.com in the first quarter worth about $25,000. Meridian Wealth Partners LLC bought a new position in shares of JD.com in the first quarter worth about $28,000. Albion Financial Group UT bought a new position in shares of JD.com in the second quarter worth about $30,000. Harbour Investments Inc. purchased a new stake in JD.com in the first quarter worth about $39,000. Finally, Wagner Wealth Management LLC purchased a new stake in JD.com in the first quarter worth about $40,000. Hedge funds and other institutional investors own 37.10% of the company’s stock.

NASDAQ:JD traded down $2.27 during trading hours on Tuesday, hitting $77.90. 10,531,464 shares of the stock traded hands, compared to its average volume of 11,666,381. The company has a quick ratio of 1.12, a current ratio of 1.45 and a debt-to-equity ratio of 0.05. JD.com has a 1 year low of $61.65 and a 1 year high of $108.29. The company has a market cap of $104.34 billion, a price-to-earnings ratio of 22.69, a price-to-earnings-growth ratio of 3.89 and a beta of 0.77. The stock has a 50 day moving average price of $73.32 and a 200 day moving average price of $76.61.

JD.com Company Profile

JD.com, Inc is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the JD Retail and New Businesses segments. The JD Retail segment offers online retail, online marketplace, and marketing services.

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