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

Shares of JD.com, Inc. (NASDAQ:JD) have received an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $35.25.

A number of analysts have recently weighed in on JD shares. Daiwa Securities Group reissued a “hold” rating and set a $27.00 price objective on shares of JD.com in a research note on Tuesday, June 23rd. Sanford C. Bernstein restated an “outperform” rating on shares of JD.com in a report on Friday, August 14th. Arete Research set a $30.00 target price on shares of JD.com in a research note on Monday. Morgan Stanley upped their price target on shares of JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a report on Wednesday, May 13th. Finally, Susquehanna dropped their price target on shares of JD.com from $35.00 to $30.00 and set a “neutral” rating for the company in a research report on Monday, August 17th.

JD.com Price Performance

Shares of NASDAQ:JD opened at $28.26 on Tuesday. The stock’s 50-day moving average price is $29.56 and its 200-day moving average price is $29.12. JD.com has a 12-month low of $24.51 and a 12-month high of $36.86. The stock has a market capitalization of $35.28 billion, a P/E ratio of 19.63 and a beta of 0.35. The company has a current ratio of 1.14, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19.

JD.com (NASDAQ:JD) last released its quarterly earnings data on Thursday, August 13th. The information services provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $50.99 billion for the quarter, compared to the consensus estimate of $50.38 billion. JD.com had a return on equity of 6.78% and a net margin of 1.13%.The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.97 earnings per share. On average, equities analysts anticipate that JD.com will post 2.83 earnings per share for the current year.

Institutional Trading of JD.com

A number of institutional investors have recently modified their holdings of JD. SG Americas Securities LLC grew its stake in shares of JD.com by 139.0% in the first quarter. SG Americas Securities LLC now owns 4,334,816 shares of the information services provider’s stock worth $128,181,000 after acquiring an additional 2,521,045 shares during the last quarter. SIH Partners LLLP raised its position in shares of JD.com by 74.1% in the 4th quarter. SIH Partners LLLP now owns 4,991,448 shares of the information services provider’s stock worth $143,255,000 after purchasing an additional 2,125,212 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in JD.com by 1,172.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,636 shares of the information services provider’s stock worth $35,434,000 after purchasing an additional 1,137,592 shares in the last quarter. HighTower Advisors LLC boosted its stake in JD.com by 197.2% in the 4th quarter. HighTower Advisors LLC now owns 1,384,810 shares of the information services provider’s stock worth $39,744,000 after purchasing an additional 918,880 shares in the last quarter. Finally, L1 Capital Pty Ltd purchased a new stake in JD.com during the 4th quarter valued at about $20,959,000. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.