JD.com Inc. (NASDAQ:JD) will be posting its quarterly earnings results before the market opens on Tuesday, November 15th. Analysts expect JD.com to post earnings of ($0.06) per share for the quarter.

JD.com (NASDAQ:JD) last posted its quarterly earnings data on Wednesday, August 10th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 4.29% and a negative return on equity of 26.50%. The business’s quarterly revenue was up 42.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.01) earnings per share. On average, analysts expect JD.com to post $-0.33 EPS for the current fiscal year and $0.09 EPS for the next fiscal year.

Earnings History for JD.com (NASDAQ:JD)

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

Several research firms have weighed in on JD. Zacks Investment Research raised JD.com from a “sell” rating to a “hold” rating in a research note on Tuesday, August 16th. Vetr raised JD.com from a “hold” rating to a “buy” rating and set a $26.50 target price on the stock in a research note on Wednesday, August 31st. TH Capital cut JD.com from a “buy” rating to a “hold” rating in a research note on Monday, August 8th. JPMorgan Chase & Co. began coverage on JD.com in a research note on Wednesday, August 31st. They set a “neutral” rating and a $29.00 target price on the stock. Finally, MKM Partners set a $32.00 target price on JD.com and gave the company a “buy” rating in a research note on Wednesday, August 10th. Ten analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. JD.com presently has a consensus rating of “Buy” and an average target price of $31.15.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. United Services Automobile Association raised its position in shares of JD.com by 6.6% in the second quarter. United Services Automobile Association now owns 164,627 shares of the company’s stock worth $3,495,000 after buying an additional 10,214 shares during the last quarter. Credit Suisse AG raised its position in shares of JD.com by 53.2% in the second quarter. Credit Suisse AG now owns 4,230,792 shares of the company’s stock worth $89,820,000 after buying an additional 1,469,738 shares during the last quarter. Cibc World Markets Corp raised its position in shares of JD.com by 14.5% in the second quarter. Cibc World Markets Corp now owns 59,898 shares of the company’s stock worth $1,272,000 after buying an additional 7,593 shares during the last quarter. General Electric Co. raised its position in shares of JD.com by 290.2% in the second quarter. General Electric Co. now owns 160,000 shares of the company’s stock worth $3,397,000 after buying an additional 119,000 shares during the last quarter. Finally, Sei Investments Co. raised its position in shares of JD.com by 13.9% in the second quarter. Sei Investments Co. now owns 368,714 shares of the company’s stock worth $7,828,000 after buying an additional 44,936 shares during the last quarter. Institutional investors and hedge funds own 54.42% of the company’s stock.

About JD.com

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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