JD.com Inc. (NASDAQ:JD) has received a consensus rating of “Buy” from the twenty-one ratings firms that are presently covering the firm. Ten investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $30.44.

Several brokerages have issued reports on JD. Citigroup Inc. reaffirmed a “buy” rating and set a $32.00 price objective (up previously from $31.00) on shares of JD.com in a report on Wednesday, August 10th. MKM Partners set a $32.00 target price on shares of JD.com and gave the stock a “buy” rating in a research note on Wednesday, August 10th. Vetr downgraded shares of JD.com from a “strong-buy” rating to a “buy” rating and set a $25.97 target price for the company. in a research note on Wednesday, August 10th. Brean Capital reiterated a “buy” rating on shares of JD.com in a research note on Tuesday, July 19th. Finally, Jefferies Group increased their target price on shares of JD.com from $31.60 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, August 11th.

Shares of JD.com (NASDAQ:JD) opened at 24.04 on Tuesday. The firm’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. JD.com has a 1-year low of $19.51 and a 1-year high of $33.48.

JD.com (NASDAQ:JD) last issued its quarterly earnings data on Wednesday, August 10th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.32. The company had revenue of $9.80 billion for the quarter, compared to analyst estimates of $9.81 billion. JD.com had a negative return on equity of 26.50% and a negative net margin of 4.29%. The business’s quarterly revenue was up 42.0% compared to the same quarter last year. During the same quarter last year, the company posted ($0.01) earnings per share. Equities analysts expect that JD.com will post ($0.08) EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Seven Bridges Advisors LLC boosted its position in shares of JD.com by 0.7% in the third quarter. Seven Bridges Advisors LLC now owns 11,081 shares of the company’s stock worth $289,000 after buying an additional 82 shares during the period. Tdam USA Inc. boosted its stake in JD.com by 1.4% in the third quarter. Tdam USA Inc. now owns 14,827 shares of the company’s stock valued at $387,000 after buying an additional 210 shares during the last quarter. KBC Group NV boosted its stake in JD.com by 3.4% in the second quarter. KBC Group NV now owns 8,016 shares of the company’s stock valued at $170,000 after buying an additional 264 shares during the last quarter. Suntrust Banks Inc. boosted its stake in JD.com by 3.6% in the second quarter. Suntrust Banks Inc. now owns 10,466 shares of the company’s stock valued at $221,000 after buying an additional 366 shares during the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in JD.com by 1.5% in the second quarter. Rafferty Asset Management LLC now owns 29,200 shares of the company’s stock valued at $620,000 after buying an additional 440 shares during the last quarter. 54.42% of the stock is owned by institutional investors and hedge funds.

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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