JD.com, Inc. (NASDAQ:JD) Receives $36.58 Average PT from Analysts

Shares of JD.com, Inc. (NASDAQ:JD) have been given an average rating of “Moderate Buy” by the fourteen ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $36.4167.

Several research analysts have weighed in on the company. Wall Street Zen raised JD.com from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. Daiwa Securities Group reissued a “hold” rating and issued a $27.00 target price on shares of JD.com in a research report on Tuesday, June 23rd. Susquehanna increased their price target on shares of JD.com from $30.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Nomura raised their price target on shares of JD.com from $40.00 to $41.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, Zacks Research raised shares of JD.com from a “hold” rating to a “strong-buy” rating in a research report on Monday.

Trending Headlines about JD.com

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: JD.com was added to Zacks Rank #1 (Strong Buy) lists, including the strong-buy and income-stock screens, signaling improving earnings estimate momentum and positive stock-screening support. New Strong Buy Stocks for July 14th
• Positive Sentiment: Zacks Research upgraded JD.com from “hold” to “strong-buy,” reinforcing the view that analysts are becoming more constructive on the stock. Tickerreport.com coverage of Zacks upgrade
• Positive Sentiment: Barclays kept an “overweight” rating while trimming its price target to $41 from $43, which still implies meaningful upside from current levels and supports a bullish valuation case. Barclays price target update
• Neutral Sentiment: Several Zacks articles highlighted JD.com as potentially undervalued and noted an average Wall Street price target suggesting about 40% upside, but these pieces were largely commentary on existing analyst sentiment rather than fresh business developments. Is JD.com Stock Undervalued Right Now?

JD.com Price Performance

NASDAQ JD opened at $29.28 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.18 and a quick ratio of 0.87. The firm has a market capitalization of $36.55 billion, a price-to-earnings ratio of 22.88 and a beta of 0.40. The company has a 50 day simple moving average of $28.81 and a 200-day simple moving average of $28.74. JD.com has a 52-week low of $24.51 and a 52-week high of $36.86.

JD.com (NASDAQ:JD) last announced its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 EPS for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The firm had revenue of $45.79 billion for the quarter. Equities research analysts predict that JD.com will post 2.78 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Binnacle Investments Inc grew its stake in JD.com by 365.8% in the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock valued at $26,000 after buying an additional 589 shares during the last quarter. Root Financial Partners LLC raised its holdings in JD.com by 1,020.0% in the 4th quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock worth $32,000 after acquiring an additional 1,020 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in JD.com by 191.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider’s stock worth $36,000 after acquiring an additional 815 shares during the last quarter. EFG International AG bought a new stake in JD.com during the 4th quarter valued at approximately $36,000. Finally, Inspire Investing LLC bought a new stake in JD.com during the 4th quarter valued at approximately $38,000. 15.98% of the stock is 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.