JD.com (NASDAQ:JD) Reaches New 12-Month Low – Should You Sell?

JD.com, Inc. (NASDAQ:JD) hit a new 52-week low on Monday . The company traded as low as $28.18 and last traded at $28.55, with a volume of 2573760 shares. The stock had previously closed at $28.48.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Sanford C. Bernstein restated an “outperform” rating and issued a $38.00 price objective on shares of JD.com in a research note on Friday, November 14th. Mizuho set a $41.00 price objective on JD.com in a report on Wednesday, October 22nd. Citigroup cut their target price on shares of JD.com from $44.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, January 2nd. Bank of America lowered their price target on JD.com from $38.00 to $36.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Finally, Arete Research set a $32.00 price objective on JD.com in a report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $38.71.

JD.com Trading Up 0.7%

The stock has a market capitalization of $41.08 billion, a PE ratio of 9.75, a P/E/G ratio of 6.10 and a beta of 0.40. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average price of $29.35 and a 200-day moving average price of $31.49.

JD.com (NASDAQ:JD) last released its earnings results on Thursday, November 13th. The information services provider reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.08. The company had revenue of $41.98 billion for the quarter, compared to analysts’ expectations of $40.87 billion. JD.com had a net margin of 2.46% and a return on equity of 10.99%. The firm’s revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the business earned $8.68 EPS. Sell-side analysts expect that JD.com, Inc. will post 3.91 earnings per share for the current year.

Institutional Investors Weigh In On JD.com

A number of institutional investors have recently added to or reduced their stakes in JD. Ping Capital Management Inc. acquired a new stake in JD.com in the 4th quarter worth approximately $1,205,000. Mutual Advisors LLC purchased a new stake in shares of JD.com during the 4th quarter worth about $296,000. Pekin Hardy Strauss Inc. purchased a new stake in shares of JD.com in the fourth quarter valued at approximately $4,364,000. Anchyra Partners LLC acquired a new position in JD.com during the fourth quarter worth $201,000. Finally, Quaker Wealth Management LLC purchased a new position in JD.com in the 4th quarter valued at about $87,000. Institutional investors own 15.98% of the company’s stock.

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.