JD.com, Inc. (NASDAQ:JD) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analyst sentiment is moderately bullish: Fourteen analysts rate JD.com “Moderate Buy,” including nine buys, four holds and one sell. The average 12-month price target is $35.83, above the reported share price of $28.24.
• Institutional ownership has increased: Several investment firms expanded their JD.com positions, while institutional investors collectively own 15.98% of the company’s stock.
• JD.com beat quarterly earnings expectations with EPS of $0.93 versus the $0.86 consensus and revenue of $50.99 billion versus $50.38 billion expected. However, revenue declined 2.9% year over year, and the company reported a net margin of just 1.13%.

Shares of JD.com, Inc. (NASDAQ:JD - Get Free Report) have received an average rating of "Moderate Buy" from the fourteen analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $35.8333.

Several brokerages have weighed in on JD. Mizuho set a $39.00 price objective on JD.com in a research note on Friday, August 14th. Weiss Ratings raised JD.com from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, July 13th. Zacks Research cut JD.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 11th. Susquehanna cut their target price on JD.com from $35.00 to $30.00 and set a "neutral" rating on the stock in a research report on Monday, August 17th. Finally, Benchmark restated a "buy" rating on shares of JD.com in a report on Friday, August 14th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. NFJ Investment Group LLC raised its position in JD.com by 61.8% in the 4th quarter. NFJ Investment Group LLC now owns 699,518 shares of the information services provider's stock worth $20,076,000 after purchasing an additional 267,159 shares during the period. Monaco Asset Management SAM boosted its position in shares of JD.com by 60.0% during the fourth quarter. Monaco Asset Management SAM now owns 160,000 shares of the information services provider's stock valued at $4,592,000 after buying an additional 60,000 shares during the period. Legal & General Group Plc boosted its position in shares of JD.com by 4.7% during the fourth quarter. Legal & General Group Plc now owns 1,545,460 shares of the information services provider's stock valued at $44,346,000 after buying an additional 70,062 shares during the period. Polymer Capital Management HK LTD grew its stake in shares of JD.com by 1,900.0% during the fourth quarter. Polymer Capital Management HK LTD now owns 120,000 shares of the information services provider's stock valued at $3,444,000 after buying an additional 114,000 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in shares of JD.com by 19.2% during the first quarter. First Trust Advisors LP now owns 197,087 shares of the information services provider's stock valued at $5,828,000 after buying an additional 31,693 shares during the last quarter. Institutional investors own 15.98% of the company's stock.

JD.com Price Performance

JD stock opened at $28.24 on Tuesday. JD.com has a 52 week low of $24.51 and a 52 week high of $36.86. The firm has a market capitalization of $35.25 billion, a P/E ratio of 19.61 and a beta of 0.38. The company has a fifty day simple moving average of $29.30 and a two-hundred day simple moving average of $29.10. The company has a quick ratio of 0.82, a current ratio of 1.14 and a debt-to-equity ratio of 0.19.

JD.com (NASDAQ:JD - Get Free Report) last posted its earnings results on Thursday, August 13th. The information services provider reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. JD.com had a net margin of 1.13% and a return on equity of 6.78%. The firm had revenue of $50.99 billion for the quarter, compared to the consensus estimate of $50.38 billion. During the same period in the previous year, the firm posted $4.97 EPS. The business's quarterly revenue was down 2.9% on a year-over-year basis. Analysts anticipate that JD.com will post 2.83 earnings per share for the current fiscal year.

About JD.com

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.

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