JD.com, Inc. (NASDAQ:JD) Receives $36.36 Average Target Price from Analysts

Shares of JD.com, Inc. (NASDAQ:JD) have earned an average rating of “Moderate Buy” from the sixteen analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a 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 $36.3571.

JD has been the topic of a number of analyst reports. Wall Street Zen lowered shares of JD.com from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Susquehanna lowered their target price on shares of JD.com from $32.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday, March 9th. Nomura upped their target price on shares of JD.com from $37.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Benchmark restated a “buy” rating on shares of JD.com in a report on Friday, March 6th. Finally, Barclays lowered their target price on shares of JD.com from $41.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday, March 9th.

JD.com Price Performance

JD stock opened at $28.51 on Friday. The stock has a market capitalization of $40.84 billion, a PE ratio of 16.20, a price-to-earnings-growth ratio of 8.21 and a beta of 0.36. The company’s 50-day moving average is $27.86 and its 200-day moving average is $30.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.22 and a quick ratio of 0.91. JD.com has a 1 year low of $24.51 and a 1 year high of $39.27.

JD.com (NASDAQ:JD) last released its quarterly earnings data on Saturday, February 14th. The information services provider reported $0.04 earnings per share (EPS) for the quarter. JD.com had a net margin of 1.48% and a return on equity of 7.56%. The company had revenue of $50.35 billion for the quarter. Equities research analysts expect that JD.com will post 3.91 EPS for the current fiscal year.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Wednesday, April 29th. Investors of record on Thursday, April 9th will be issued a $1.00 dividend. The ex-dividend date is Thursday, April 9th. This represents a dividend yield of 396.0%. This is a boost from JD.com’s previous annual dividend of $0.76. JD.com’s dividend payout ratio (DPR) is currently 55.68%.

Institutional Investors Weigh In On JD.com

A number of institutional investors and hedge funds have recently made changes to their positions in JD. Channing Global Advisors LLC increased its stake in JD.com by 1.9% in the 3rd quarter. Channing Global Advisors LLC now owns 17,291 shares of the information services provider’s stock valued at $605,000 after buying an additional 321 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in JD.com by 0.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,912 shares of the information services provider’s stock valued at $1,633,000 after buying an additional 354 shares during the last quarter. Aaron Wealth Advisors LLC increased its stake in JD.com by 6.0% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 6,630 shares of the information services provider’s stock valued at $232,000 after buying an additional 374 shares during the last quarter. Synergy Financial Group LTD increased its stake in JD.com by 4.5% in the 4th quarter. Synergy Financial Group LTD now owns 8,763 shares of the information services provider’s stock valued at $251,000 after buying an additional 378 shares during the last quarter. Finally, Assetmark Inc. increased its stake in JD.com by 62.0% in the 3rd quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock valued at $36,000 after buying an additional 399 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.