JD.com, Inc. (NASDAQ:JD) Stock Rated “Moderate Buy” by Wall Street Analysts

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

Several research firms have recently weighed in on JD. Zacks Research cut JD.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Barclays dropped their target price on shares of JD.com from $41.00 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 14th. Susquehanna cut their target price on shares of JD.com from $35.00 to $30.00 and set a “neutral” rating for the company in a research note on Monday, August 17th. Weiss Ratings raised shares of JD.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, November 9th. Finally, Mizuho set a $39.00 price target on shares of JD.com in a report on Friday, August 14th.

JD.com Stock Performance

Shares of JD.com stock traded up $0.42 on Friday, reaching $27.91. The stock had a trading volume of 6,494,496 shares, compared to its average volume of 8,992,577. The business’s 50-day moving average price is $26.87 and its two-hundred day moving average price is $28.51. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 1.14. JD.com has a fifty-two week low of $24.51 and a fifty-two week high of $34.30. The stock has a market cap of $34.84 billion, a P/E ratio of 19.38 and a beta of 0.30.

JD.com (NASDAQ:JD) last issued its quarterly earnings results on Thursday, August 13th. The information services provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The company 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 firm’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the business posted $4.97 earnings per share. On average, sell-side analysts forecast that JD.com will post 2.79 EPS for the current year.

Institutional Investors Weigh In On JD.com

Institutional investors have recently added to or reduced their stakes in the company. North of South Capital LLP grew its stake in shares of JD.com by 29.0% during the third quarter. North of South Capital LLP now owns 8,594,959 shares of the information services provider’s stock valued at $228,626,000 after purchasing an additional 1,933,114 shares during the last quarter. Marshall Wace LLP lifted its holdings in JD.com by 2,508.8% during the 3rd quarter. Marshall Wace LLP now owns 814,272 shares of the information services provider’s stock worth $21,660,000 after buying an additional 783,060 shares in the last quarter. Aberdeen Group plc lifted its holdings in JD.com by 1,280.1% during the 3rd quarter. Aberdeen Group plc now owns 389,163 shares of the information services provider’s stock worth $10,352,000 after buying an additional 360,964 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in JD.com by 2.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 8,356,490 shares of the information services provider’s stock worth $222,283,000 after buying an additional 235,034 shares in the last quarter. Finally, KBC Group NV boosted its position in JD.com by 78.8% in the 1st quarter. KBC Group NV now owns 459,316 shares of the information services provider’s stock valued at $13,582,000 after buying an additional 202,488 shares during the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.

JD.com Company Profile

JD.com, Inc. is a China-based technology and e-commerce company that operates an online retail platform. It sells a broad range of products, including electronics, home appliances, apparel, groceries and household goods, through direct sales and marketplace services that connect customers with third-party merchants. The company also provides logistics and supply-chain services through its JD Logistics business, including warehousing, delivery and fulfillment for JD.com and other businesses. Its operations are centered in China, and it serves customers in selected international markets through cross-border commerce and other services.