JD.com, Inc. (JD) – What Are Investment Firms Thinking About This Stock?

Shares of JD.com, Inc. (NASDAQ:JD) have earned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $35.33.

JD has been the topic of a number of analyst reports. Arete Research set a $30.00 target price on JD.com and gave the company a “neutral” rating in a research report on Monday, September 7th. Weiss Ratings cut JD.com from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. Bank of America lowered their price target on JD.com from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Tuesday, October 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of JD.com in a report on Friday, August 14th. Finally, Barclays reduced their target price on JD.com from $41.00 to $38.00 and set an “overweight” rating for the company in a research note on Wednesday, October 14th.

Institutional Investors Weigh In On JD.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Pacific Financial raised its stake in JD.com by 2.9% during the 1st quarter. First Pacific Financial now owns 14,210 shares of the information services provider’s stock worth $420,000 after acquiring an additional 395 shares during the period. Anchyra Partners LLC boosted its position in shares of JD.com by 5.8% in the first quarter. Anchyra Partners LLC now owns 7,413 shares of the information services provider’s stock worth $219,000 after purchasing an additional 404 shares during the period. Quintet Private Bank Europe S.A. boosted its position in shares of JD.com by 5.8% in the third quarter. Quintet Private Bank Europe S.A. now owns 8,263 shares of the information services provider’s stock worth $220,000 after purchasing an additional 450 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of JD.com by 52.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,713 shares of the information services provider’s stock worth $51,000 after purchasing an additional 589 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in JD.com by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 61,939 shares of the information services provider’s stock worth $1,832,000 after buying an additional 743 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

JD.com Price Performance

Shares of JD stock opened at $25.36 on Wednesday. The stock has a 50 day moving average of $27.35 and a 200 day moving average of $28.88. The company has a current ratio of 1.14, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19. The stock has a market cap of $31.66 billion, a P/E ratio of 17.61 and a beta of 0.33. JD.com has a twelve month low of $24.51 and a twelve month high of $35.06.

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 business had revenue of $50.99 billion for the quarter, compared to analyst estimates of $50.38 billion. JD.com had a return on equity of 6.78% and a net margin of 1.13%. The business’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.97 EPS. As a group, sell-side analysts expect that JD.com will post 2.90 EPS for the current year.

JD.com Company Profile

JD.com, Inc (NASDAQ:JD) is a technology and e-commerce company headquartered in Beijing, China. The company operates an online retail platform offering consumer electronics, appliances, computers, mobile devices, apparel, groceries, healthcare products and other consumer goods. Its business includes both direct sales of products and a marketplace that enables third-party merchants to reach customers.

Founded in 1998 by Richard Liu, JD.com has developed an integrated retail and logistics model designed to support product sourcing, warehousing, order fulfillment and delivery.