JD.Com (JD) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for JD.Com (NASDAQ: JD):

  • 11/22/2018 – JD.Com was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 11/22/2018 – JD.Com was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China. “
  • 11/21/2018 – JD.Com had its “neutral” rating reaffirmed by analysts at Cowen Inc.
  • 11/20/2018 – JD.Com had its “neutral” rating reaffirmed by analysts at Nomura. They now have a $24.00 price target on the stock, down previously from $41.00.
  • 11/20/2018 – JD.Com had its price target lowered by analysts at Benchmark Co. to $31.00. They now have a “buy” rating on the stock.
  • 11/20/2018 – JD.Com was given a new $31.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 11/19/2018 – JD.Com was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating. They now have a $24.00 price target on the stock, down previously from $35.00.
  • 11/19/2018 – JD.Com was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating.
  • 11/16/2018 – JD.Com was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 11/16/2018 – JD.Com had its price target lowered by analysts at TH Capital to $30.00. They now have a “buy” rating on the stock.
  • 11/8/2018 – JD.Com was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 11/3/2018 – JD.Com was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China. “
  • 11/2/2018 – JD.Com was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 10/23/2018 – JD.Com was given a new $35.00 price target on by analysts at Macquarie. They now have a “buy” rating on the stock.
  • 10/17/2018 – JD.Com was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China. “
  • 10/12/2018 – JD.Com was given a new $28.00 price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.

JD traded down $0.56 during trading on Tuesday, hitting $21.45. 18,019,623 shares of the stock traded hands, compared to its average volume of 15,944,392. The stock has a market capitalization of $25.56 billion, a P/E ratio of 2,145.00 and a beta of 1.37. The company has a quick ratio of 0.57, a current ratio of 0.90 and a debt-to-equity ratio of 0.15. JD.Com Inc has a 12-month low of $19.21 and a 12-month high of $50.68.

JD.Com (NASDAQ:JD) last announced its quarterly earnings results on Monday, November 19th. The information services provider reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.06). The firm had revenue of $104.77 billion for the quarter, compared to analysts’ expectations of $105.93 billion. JD.Com had a net margin of 0.31% and a negative return on equity of 2.40%. The company’s quarterly revenue was up 25.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.52 EPS. Sell-side analysts expect that JD.Com Inc will post 0.02 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in JD. OppenheimerFunds Inc. boosted its position in JD.Com by 46.5% during the 2nd quarter. OppenheimerFunds Inc. now owns 24,719,292 shares of the information services provider’s stock valued at $962,818,000 after buying an additional 7,842,079 shares during the period. First Pacific Advisors LP boosted its position in JD.Com by 454.8% during the 3rd quarter. First Pacific Advisors LP now owns 9,369,029 shares of the information services provider’s stock valued at $244,438,000 after buying an additional 7,680,288 shares during the period. Vontobel Asset Management Inc. purchased a new stake in JD.Com during the 2nd quarter valued at $268,795,000. Dodge & Cox boosted its position in JD.Com by 20.2% during the 3rd quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock valued at $834,535,000 after buying an additional 5,382,080 shares during the period. Finally, Nordea Investment Management AB purchased a new stake in JD.Com during the 3rd quarter valued at $96,830,000. 47.24% of the stock is owned by institutional investors and hedge funds.

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.

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