JD.Com Inc (NASDAQ:JD) Receives $53.02 Average PT from Brokerages

JD.Com Inc (NASDAQ:JD) has earned an average rating of “Buy” from the twenty-eight analysts that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation, twenty have given a buy recommendation and one has assigned a strong 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 $53.02.

A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of JD.Com from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a research report on Tuesday, May 19th. Susquehanna Bancshares lifted their price target on shares of JD.Com from $35.00 to $45.00 in a research report on Tuesday, March 3rd. KeyCorp reissued a “hold” rating on shares of JD.Com in a research report on Tuesday, March 3rd. Mizuho raised shares of JD.Com from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $37.00 to $58.00 in a research report on Wednesday, May 13th. Finally, Cfra boosted their price objective on shares of JD.Com from $48.00 to $67.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Anderson Fisher LLC bought a new stake in shares of JD.Com during the 4th quarter worth approximately $27,000. Eudaimonia Partners LLC bought a new stake in shares of JD.Com during the 1st quarter worth approximately $34,000. Capital Square LLC bought a new stake in shares of JD.Com during the 1st quarter worth approximately $36,000. Nkcfo LLC bought a new stake in shares of JD.Com during the 1st quarter worth approximately $36,000. Finally, Synovus Financial Corp lifted its holdings in shares of JD.Com by 34.5% during the 1st quarter. Synovus Financial Corp now owns 1,192 shares of the information services provider’s stock worth $47,000 after acquiring an additional 306 shares during the period. 42.16% of the stock is owned by hedge funds and other institutional investors.

JD traded up $0.75 during midday trading on Monday, reaching $57.99. 14,449,709 shares of the company’s stock were exchanged, compared to its average volume of 17,496,060. The firm has a market capitalization of $83.51 billion, a price-to-earnings ratio of 103.55, a price-to-earnings-growth ratio of 1.52 and a beta of 0.97. The business has a 50-day simple moving average of $50.22 and a two-hundred day simple moving average of $41.60. The company has a quick ratio of 0.69, a current ratio of 1.06 and a debt-to-equity ratio of 0.20. JD.Com has a one year low of $25.77 and a one year high of $60.97.

JD.Com (NASDAQ:JD) last issued its quarterly earnings results on Friday, May 15th. The information services provider reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.34. The business had revenue of $20.65 billion during the quarter, compared to analyst estimates of $19.17 billion. JD.Com had a net margin of 0.99% and a return on equity of 8.19%. As a group, research analysts anticipate that JD.Com will post 0.85 EPS for the current fiscal year.

JD.Com Company Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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Analyst Recommendations for JD.Com (NASDAQ:JD)

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