JD.com, Inc. (NASDAQ:JD) Receives Average Recommendation of “Moderate Buy” from Brokerages

JD.com, Inc. (NASDAQ:JD) has earned an average recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $37.07.

A number of brokerages recently issued reports on JD. Nomura lowered their price target on JD.com from $36.00 to $33.00 in a report on Friday, April 5th. Mizuho upped their price target on JD.com from $32.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, March 7th. HSBC increased their price objective on JD.com from $38.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Barclays decreased their price objective on JD.com from $45.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, January 31st. Finally, Citigroup decreased their price objective on JD.com from $43.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, January 25th.

Institutional Trading of JD.com

A number of large investors have recently made changes to their positions in JD. O Dell Group LLC acquired a new stake in shares of JD.com during the fourth quarter valued at $40,000. China Universal Asset Management Co. Ltd. boosted its stake in shares of JD.com by 146.3% during the third quarter. China Universal Asset Management Co. Ltd. now owns 1,754 shares of the information services provider’s stock valued at $51,000 after acquiring an additional 1,042 shares during the last quarter. Mizuho Securities Co. Ltd. boosted its stake in JD.com by 468.8% in the 3rd quarter. Mizuho Securities Co. Ltd. now owns 1,820 shares of the information services provider’s stock worth $53,000 after buying an additional 1,500 shares during the last quarter. Ronald Blue Trust Inc. boosted its stake in JD.com by 28.4% in the 3rd quarter. Ronald Blue Trust Inc. now owns 1,883 shares of the information services provider’s stock worth $55,000 after buying an additional 416 shares during the last quarter. Finally, First Manhattan Co. boosted its stake in JD.com by 32.5% in the 4th quarter. First Manhattan Co. now owns 994 shares of the information services provider’s stock worth $56,000 after buying an additional 244 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Up 0.1 %

JD stock opened at $25.42 on Tuesday. The company’s 50 day moving average price is $25.20 and its 200 day moving average price is $25.93. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.90 and a current ratio of 1.16. JD.com has a fifty-two week low of $20.82 and a fifty-two week high of $41.95. The firm has a market capitalization of $40.09 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.20 and a beta of 0.54.

JD.com (NASDAQ:JD) last announced its quarterly earnings results on Wednesday, March 6th. The information services provider reported $5.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $4.74. The firm had revenue of $306.08 billion during the quarter, compared to the consensus estimate of $300.21 billion. JD.com had a return on equity of 10.87% and a net margin of 2.22%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 earnings per share. On average, equities research analysts anticipate that JD.com will post 2.85 EPS for the current fiscal year.

JD.com Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, April 5th will be given a $0.74 dividend. This represents a dividend yield of 2.99%. The ex-dividend date is Thursday, April 4th. JD.com’s dividend payout ratio is currently 34.74%.

JD.com Company Profile

JD.com, Inc provides supply chain-based technologies and services in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.