JD.com, Inc. (NASDAQ:JD) Stock Rated "Moderate Buy" by Sell-Side Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on JD.com, with eight buy, five hold and one sell rating. The average 12-month price target is $35.33, above the stock’s reported opening price of $26.76.
• JD.com’s latest quarterly results exceeded expectations, with adjusted 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 net margin remained low at 1.13%.
• Several institutional investors increased their holdings, while hedge funds and other institutions collectively owned 15.98% of the company.

Shares of JD.com, Inc. (NASDAQ:JD - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the fourteen analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $35.33.

A number of brokerages recently issued reports on JD. Mizuho set a $39.00 target price on JD.com in a report on Friday, August 14th. Weiss Ratings raised JD.com from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, October 6th. Sanford C. Bernstein reissued an "outperform" rating on shares of JD.com in a research note on Friday, August 14th. Zacks Research cut JD.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 11th. Finally, Daiwa Securities Group restated a "hold" rating and set a $27.00 price objective on shares of JD.com in a report on Tuesday, June 23rd.

JD.com Stock Performance

NASDAQ:JD opened at $26.76 on Wednesday. JD.com has a twelve month low of $24.51 and a twelve month high of $35.06. The company has a current ratio of 1.14, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average of $27.61 and a 200-day moving average of $28.94. The firm has a market cap of $33.40 billion, a price-to-earnings ratio of 18.58 and a beta of 0.33.

JD.com (NASDAQ:JD - Get Free Report) last released its earnings results on Thursday, August 13th. The information services provider reported $0.93 EPS 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 business 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 earned $4.97 EPS. The business's revenue for the quarter was down 2.9% on a year-over-year basis. Analysts forecast that JD.com will post 2.90 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Y Intercept Hong Kong Ltd acquired a new position in JD.com in the 1st quarter valued at approximately $7,537,000. Robeco Institutional Asset Management B.V. boosted its stake in shares of 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 valued at $222,283,000 after buying an additional 235,034 shares during the period. KBC Group NV increased its stake in shares of JD.com by 78.8% in the first quarter. KBC Group NV now owns 459,316 shares of the information services provider's stock worth $13,582,000 after acquiring an additional 202,488 shares during the last quarter. Tidal Investments LLC increased its stake in shares of JD.com by 109.1% in the second quarter. Tidal Investments LLC now owns 382,838 shares of the information services provider's stock worth $9,755,000 after acquiring an additional 199,724 shares during the last quarter. Finally, Quantinno Capital Management LP raised its holdings in shares of JD.com by 187.2% during the first quarter. Quantinno Capital Management LP now owns 189,079 shares of the information services provider's stock worth $5,591,000 after acquiring an additional 123,244 shares in the last quarter. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Company Profile

JD.com, Inc NASDAQ: JD is a technology and e-commerce company headquartered in Beijing, China. The company operates an online retail platform offering consumer electronics, appliances, computers, mobile devices, apparel, groceries, healthcare products and other consumer goods. Its business includes both direct sales of products and a marketplace that enables third-party merchants to reach customers.

Founded in 1998 by Richard Liu, JD.com has developed an integrated retail and logistics model designed to support product sourcing, warehousing, order fulfillment and delivery.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.