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

Key Points

• JD.com has a “Moderate Buy” consensus rating from 14 analysts: nine rate it a buy, one a strong buy, three a hold and one a sell. The average 12-month price target is $36.42, above the reported $32.81 opening price.
• Recent broker updates were generally positive, with Barclays maintaining an overweight rating and firms including Bernstein, Citigroup and Benchmark raising their price targets; targets now range up to $42.
• JD.com reported quarterly revenue of $45.79 billion and earnings of $0.37 per share. Institutional investors own 15.98% of the company, with several major funds increasing their holdings.

JD.com, Inc. (NASDAQ:JD - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the fourteen ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $36.4167.

A number of brokerages have recently issued reports on JD. Barclays cut their target price on JD.com from $43.00 to $41.00 and set an "overweight" rating for the company in a research note on Wednesday, July 15th. Susquehanna upped their price objective on JD.com from $30.00 to $35.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. Sanford C. Bernstein increased their price objective on JD.com from $36.00 to $40.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 13th. Citigroup raised their target price on JD.com from $35.00 to $36.00 and gave the company a "buy" rating in a report on Tuesday, April 14th. Finally, Benchmark boosted their target price on shares of JD.com from $38.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday, May 13th.

JD.com Stock Up 0.8%

Shares of NASDAQ:JD opened at $32.81 on Friday. The company has a market cap of $40.96 billion, a price-to-earnings ratio of 25.63 and a beta of 0.38. JD.com has a fifty-two week low of $24.51 and a fifty-two week high of $36.86. The firm's 50-day simple moving average is $28.87 and its 200-day simple moving average is $28.97. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22.

JD.com (NASDAQ:JD - Get Free Report) 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 during the quarter. As a group, equities research analysts predict that JD.com will post 2.78 earnings per share for the current year.

Institutional Trading of JD.com

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SIH Partners LLLP increased its holdings in JD.com by 74.1% in the fourth quarter. SIH Partners LLLP now owns 4,991,448 shares of the information services provider's stock valued at $143,255,000 after buying an additional 2,125,212 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of JD.com by 11.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,441,095 shares of the information services provider's stock worth $127,459,000 after acquiring an additional 463,033 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of JD.com by 139.0% during the 1st quarter. SG Americas Securities LLC now owns 4,334,816 shares of the information services provider's stock worth $128,181,000 after acquiring an additional 2,521,045 shares in the last quarter. North of South Capital LLP grew its holdings in shares of JD.com by 4.4% in the 4th quarter. North of South Capital LLP now owns 4,253,012 shares of the information services provider's stock worth $122,061,000 after acquiring an additional 180,081 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of JD.com by 15.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,250,324 shares of the information services provider's stock worth $121,984,000 after acquiring an additional 562,894 shares during the period. Institutional investors and hedge funds 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.

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