JD.Com Inc (NASDAQ:JD) has been assigned an average recommendation of “Hold” from the sixteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $46.12.

A number of equities analysts have weighed in on JD shares. Nomura cut their target price on shares of JD.Com from $44.00 to $41.00 and set a “buy” rating for the company in a research report on Friday, August 17th. ValuEngine lowered shares of JD.Com from a “hold” rating to a “sell” rating in a research report on Wednesday, May 9th. Stifel Nicolaus reiterated a “buy” rating and set a $50.00 target price on shares of JD.Com in a research report on Thursday, July 19th. JPMorgan Chase & Co. lowered shares of JD.Com from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 9th. Finally, BNP Paribas started coverage on shares of JD.Com in a research report on Thursday, June 14th. They set a “hold” rating for the company.

Several hedge funds have recently added to or reduced their stakes in JD. OppenheimerFunds Inc. boosted its position in shares of JD.Com by 46.5% in the second quarter. OppenheimerFunds Inc. now owns 24,719,292 shares of the information services provider’s stock valued at $962,818,000 after acquiring an additional 7,842,079 shares during the period. Vontobel Asset Management Inc. bought a new position in shares of JD.Com in the second quarter valued at approximately $268,795,000. Mawer Investment Management Ltd. bought a new position in shares of JD.Com in the first quarter valued at approximately $148,695,000. Genesis Asset Managers LLP bought a new position in shares of JD.Com in the second quarter valued at approximately $87,487,000. Finally, BlackRock Inc. boosted its position in shares of JD.Com by 6.1% in the second quarter. BlackRock Inc. now owns 31,710,484 shares of the information services provider’s stock valued at $1,235,123,000 after acquiring an additional 1,825,484 shares during the period. Institutional investors own 51.18% of the company’s stock.

NASDAQ JD opened at $31.00 on Tuesday. JD.Com has a 52-week low of $30.76 and a 52-week high of $50.68. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.99 and a quick ratio of 0.66. The stock has a market cap of $38.72 billion, a P/E ratio of 3,100.00, a P/E/G ratio of 4.82 and a beta of 1.49.

JD.Com (NASDAQ:JD) last posted its quarterly earnings data on Thursday, August 16th. The information services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.35. JD.Com had a negative net margin of 0.12% and a negative return on equity of 0.94%. The business had revenue of $122.30 billion during the quarter, compared to the consensus estimate of $122.78 billion. During the same quarter last year, the company posted $0.67 earnings per share. The firm’s quarterly revenue was up 31.2% compared to the same quarter last year. equities research analysts anticipate that JD.Com will post 0.29 EPS for the current year.

About JD.Com

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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Analyst Recommendations for JD.Com (NASDAQ:JD)

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