JD.com, Inc. (NASDAQ:JD) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analyst consensus: Shares of JD.com carry an average rating of "Moderate Buy" from 16 analysts (11 buys, 4 holds, 1 sell) and an average 12‑month target price of $36.36.
• Dividend increase: JD.com raised its annual dividend to $1.00 (from $0.76), with an ex‑dividend date of April 9 and payment scheduled for April 29.
• Stock and valuation snapshot: The stock recently traded near $28.46, has a market cap of $40.77 billion, a P/E of 16.17, and a 52‑week range of $24.51–$40.26.

Shares of JD.com, Inc. (NASDAQ:JD - Get Free Report) have earned an average rating of "Moderate Buy" from the sixteen research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $36.3571.

A number of equities analysts recently commented on the stock. Barclays lowered their price target on shares of JD.com from $41.00 to $34.00 and set an "overweight" rating on the stock in a research report on Monday, March 9th. Susquehanna decreased their target price on shares of JD.com from $32.00 to $30.00 and set a "neutral" rating on the stock in a research report on Monday, March 9th. UBS Group reaffirmed a "buy" rating on shares of JD.com in a report on Friday, March 6th. Arete Research set a $32.00 target price on JD.com in a report on Tuesday, December 9th. Finally, Nomura raised their price target on JD.com from $37.00 to $40.00 and gave the stock a "buy" rating in a research report on Monday, March 9th.

Hedge Funds Weigh In On JD.com

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Channing Global Advisors LLC boosted its position in shares of JD.com by 1.9% during the 3rd quarter. Channing Global Advisors LLC now owns 17,291 shares of the information services provider's stock worth $605,000 after acquiring an additional 321 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in JD.com by 0.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,912 shares of the information services provider's stock valued at $1,633,000 after purchasing an additional 354 shares in the last quarter. Aaron Wealth Advisors LLC raised its position in JD.com by 6.0% during the third quarter. Aaron Wealth Advisors LLC now owns 6,630 shares of the information services provider's stock valued at $232,000 after purchasing an additional 374 shares in the last quarter. Synergy Financial Group LTD lifted its stake in JD.com by 4.5% during the fourth quarter. Synergy Financial Group LTD now owns 8,763 shares of the information services provider's stock worth $251,000 after purchasing an additional 378 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of JD.com by 62.0% in the 3rd quarter. Assetmark Inc. now owns 1,043 shares of the information services provider's stock valued at $36,000 after purchasing an additional 399 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Stock Performance

Shares of NASDAQ JD opened at $28.46 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.22 and a quick ratio of 0.91. The stock's fifty day moving average price is $27.88 and its two-hundred day moving average price is $30.12. JD.com has a one year low of $24.51 and a one year high of $40.26. The firm has a market cap of $40.77 billion, a price-to-earnings ratio of 16.17, a P/E/G ratio of 8.21 and a beta of 0.36.

JD.com (NASDAQ:JD - Get Free Report) last posted its earnings results on Saturday, February 14th. The information services provider reported $0.04 earnings per share for the quarter. The company had revenue of $50.35 billion during the quarter. JD.com had a return on equity of 7.56% and a net margin of 1.48%. On average, equities analysts forecast that JD.com will post 3.91 EPS for the current year.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Thursday, April 9th will be paid a dividend of $1.00 per share. The ex-dividend date is Thursday, April 9th. This is a positive change from JD.com's previous annual dividend of $0.76. This represents a yield of 396.0%. JD.com's dividend payout ratio is currently 55.68%.

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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