JD.com, Inc. (NASDAQ:JD) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of JD.com, Inc. (NASDAQ:JD) have been given an average rating of “Moderate Buy” by the seventeen analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $40.4286.

JD has been the topic of several research reports. Arete Research set a $41.00 price objective on shares of JD.com in a research report on Friday, September 26th. Nomura decreased their price target on shares of JD.com from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Benchmark lowered their price target on shares of JD.com from $42.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Morgan Stanley lowered JD.com from an “equal weight” rating to an “underweight” rating and set a $28.00 price objective for the company. in a report on Monday, November 10th. Finally, Wall Street Zen downgraded JD.com from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd.

JD.com Trading Down 0.4%

Shares of JD.com stock opened at $29.74 on Friday. The firm has a market cap of $42.60 billion, a PE ratio of 10.12, a P/E/G ratio of 6.72 and a beta of 0.40. JD.com has a 1 year low of $28.21 and a 1 year high of $46.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.20 and a quick ratio of 0.88. The stock has a fifty day moving average price of $32.21 and a 200-day moving average price of $32.47.

JD.com (NASDAQ:JD) last released its earnings results on Thursday, November 13th. The information services provider reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.08. The company had revenue of $41.98 billion for the quarter, compared to analysts’ expectations of $40.87 billion. JD.com had a return on equity of 10.99% and a net margin of 2.46%.The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the business posted $8.68 EPS. Equities research analysts anticipate that JD.com will post 3.91 EPS for the current year.

Hedge Funds Weigh In On JD.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new stake in shares of JD.com in the fourth quarter valued at approximately $270,000. Avantax Advisory Services Inc. grew its stake in JD.com by 10.7% in the 1st quarter. Avantax Advisory Services Inc. now owns 19,636 shares of the information services provider’s stock valued at $807,000 after buying an additional 1,890 shares in the last quarter. Cetera Investment Advisers raised its holdings in JD.com by 94.0% during the 1st quarter. Cetera Investment Advisers now owns 117,647 shares of the information services provider’s stock valued at $4,838,000 after acquiring an additional 57,013 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of JD.com by 64.2% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,248 shares of the information services provider’s stock worth $750,000 after acquiring an additional 7,132 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of JD.com by 46.5% in the first quarter. LPL Financial LLC now owns 261,391 shares of the information services provider’s stock worth $10,748,000 after acquiring an additional 83,021 shares during the period. Institutional investors own 15.98% of the company’s stock.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.