Shares of JD.com Inc. (NASDAQ:JD) have been given an average recommendation of “Buy” by the twenty research firms that are currently covering the stock. Ten investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $30.61.

JD has been the subject of a number of research analyst reports. Brean Capital reiterated a “buy” rating on shares of JD.com in a report on Wednesday, June 15th. Goldman Sachs Group Inc. reiterated a “buy” rating and set a $31.00 price objective on shares of JD.com in a report on Tuesday, June 21st. MKM Partners reiterated a “buy” rating and set a $32.00 price objective on shares of JD.com in a report on Thursday, June 23rd. Zacks Investment Research lowered shares of JD.com from a “hold” rating to a “sell” rating in a report on Friday, June 24th. Finally, Credit Suisse Group AG restated a “hold” rating and issued a $20.80 price target on shares of JD.com in a report on Monday, June 27th.

JD.com (NASDAQ:JD) opened at 27.40 on Tuesday. The company has a 50-day moving average of $26.19 and a 200-day moving average of $24.36. JD.com has a 1-year low of $19.51 and a 1-year high of $33.48. The company’s market capitalization is $39.55 billion.

JD.com (NASDAQ:JD) last announced its quarterly earnings data on Wednesday, August 10th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.32. JD.com had a negative net margin of 4.29% and a negative return on equity of 24.15%. The company earned $9.80 billion during the quarter, compared to analyst estimates of $9.81 billion. During the same quarter last year, the business posted ($0.01) EPS. The firm’s revenue for the quarter was up 42.0% on a year-over-year basis. Equities analysts expect that JD.com will post ($0.10) EPS for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in JD. BNP Paribas Arbitrage SA increased its stake in JD.com by 12.9% in the third quarter. BNP Paribas Arbitrage SA now owns 2,861,670 shares of the company’s stock valued at $74,661,000 after buying an additional 327,300 shares during the period. Macquarie Group Ltd. increased its stake in JD.com by 6.9% in the second quarter. Macquarie Group Ltd. now owns 718,600 shares of the company’s stock valued at $15,257,000 after buying an additional 46,100 shares during the period. Nomura Holdings Inc. increased its stake in JD.com by 33.5% in the second quarter. Nomura Holdings Inc. now owns 111,494 shares of the company’s stock valued at $2,359,000 after buying an additional 27,954 shares during the period. CI Investments Inc. increased its stake in JD.com by 57.4% in the second quarter. CI Investments Inc. now owns 198,300 shares of the company’s stock valued at $4,210,000 after buying an additional 72,300 shares during the period. Finally, Pine River Capital Management L.P. increased its stake in JD.com by 154.9% in the second quarter. Pine River Capital Management L.P. now owns 611,000 shares of the company’s stock valued at $12,972,000 after buying an additional 371,304 shares during the period. 54.33% of the stock is currently owned by institutional investors.

JD.com Company Profile

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

5 Day Chart for NASDAQ:JD

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