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

Shares of JD.com, Inc. (NASDAQ:JD) have received a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $36.4167.

A number of analysts have issued reports on the stock. Barclays cut their price objective on shares of JD.com from $43.00 to $41.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Zacks Research raised shares of JD.com from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Nomura lifted their price target on shares of JD.com from $40.00 to $41.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Arete Research set a $37.00 price target on JD.com in a research note on Friday, April 17th. Finally, Susquehanna increased their price target on JD.com from $30.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th.

JD.com Price Performance

JD opened at $29.62 on Monday. JD.com has a fifty-two week low of $24.51 and a fifty-two week high of $36.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 1.18. The company has a market capitalization of $36.97 billion, a P/E ratio of 23.14 and a beta of 0.40. The stock has a fifty day moving average of $28.79 and a 200-day moving average of $28.75.

JD.com (NASDAQ:JD) last announced its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The company had revenue of $45.79 billion during the quarter. On average, equities analysts expect that JD.com will post 2.78 EPS for the current year.

Institutional Trading of JD.com

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC acquired a new stake in shares of JD.com during the 4th quarter worth $270,000. Empowered Funds LLC lifted its position in JD.com by 35.5% during the first quarter. Empowered Funds LLC now owns 19,462 shares of the information services provider’s stock worth $800,000 after purchasing an additional 5,099 shares during the period. Focus Partners Wealth lifted its position in JD.com by 36.5% during the first quarter. Focus Partners Wealth now owns 28,789 shares of the information services provider’s stock worth $1,184,000 after purchasing an additional 7,701 shares during the period. First Trust Advisors LP grew its stake in JD.com by 26.2% during the second quarter. First Trust Advisors LP now owns 136,672 shares of the information services provider’s stock worth $4,461,000 after buying an additional 28,339 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in JD.com by 22.4% during the second quarter. NewEdge Advisors LLC now owns 65,774 shares of the information services provider’s stock worth $2,147,000 after buying an additional 12,053 shares in the last quarter. 15.98% of the stock is currently owned by 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.