JD.com Inc. (NASDAQ:JD) shares traded 2.58% higher at $33.81 on Wall Street last session.
In accordance with the data, 43 analysts cover JD.com Inc. (NASDAQ:JD). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $707.42 and a low of $233.28, we find $400.95. Given the previous closing price of $32.96, this indicates a potential upside of 1116.47 percent. JD stock price is now -7.82% away from the 50-day moving average and -24.25% away from the 200-day moving average. The market capitalization of the company currently stands at $55.41B.
It has been rated a hold by 5 analysts and a buy by 32. Brokers who have rated the stock have averaged $401.17 as their price target over the next twelve months.
With the price target reduced from $60 to $43, UBS Downgraded its rating from Buy to Neutral for JD.com Inc. (NASDAQ: JD).
A total of 6.08% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in JD stock. A new stake in JD.com Inc. shares was purchased by APPALOOSA LP during the first quarter worth $63,394,000. TWO SIGMA INVESTMENTS, LP invested $37,117,000 in shares of JD during the first quarter. In the first quarter, OAKTREE CAPITAL MANAGEMENT LP acquired a new stake in JD.com Inc. valued at approximately $34,207,000. NFJ INVESTMENT GROUP, LLC acquired a new stake in JD for approximately $17,387,000. FERNBRIDGE CAPITAL MANAGEMENT LP purchased a new stake in JD valued at around $13,159,000 in the second quarter. In total, there are 789 active investors with 16.10% ownership of the company’s stock.
JD.com Inc. (NASDAQ: JD) opened at $33.69 on Monday. During the past 12 months, JD.com Inc. has had a low of $31.57 and a high of $67.87. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.30, and a quick ratio of 1.10. According to the stock market information, the enterprise value for the company is $29.91B, which is based on a 17.90 price-to-earnings ratio, a 0.88 price-to-earnings-growth ratio, and a beta of 0.56. The fifty day moving average price for JD is $36.55 and a two-hundred day moving average price translates $44.58 for the stock.
The latest earnings results from JD.com Inc. (NASDAQ: JD) was released for Jun, 2023. According to the Internet Retail Company, earnings per share came in at $0.75, beating analysts’ expectations of $0.67 by 0.08. This compares to $0.38 EPS in the same period last year. The net profit margin was 2.00% and return on equity was 10.20% for JD. The company reported revenue of $39.71 billion for the quarter, compared to $39.95 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.61 percent. For the current quarter, analysts expect JD to generate $35.27B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 05/04/2023. Investors who held shares on 04/06/2023 were paid a $0.62 dividend. On an annualized basis, this represents a $0.62 dividend and a 1.83% percent yield. There was an ex-dividend date of 04/05/2023 for this dividend.
