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

JD.com, Inc. (NASDAQ:JD) has been given a consensus recommendation of “Moderate Buy” by the fourteen ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $36.4167.

Several analysts have weighed in on JD shares. Morgan Stanley upped their price objective on shares of JD.com from $25.00 to $27.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 13th. Benchmark boosted their target price on JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Wall Street Zen upgraded JD.com from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. Daiwa Securities Group reaffirmed a “hold” rating and set a $27.00 price target on shares of JD.com in a report on Tuesday, June 23rd. Finally, Weiss Ratings upgraded JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JD. Binnacle Investments Inc lifted its position in JD.com by 365.8% during the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock worth $26,000 after buying an additional 589 shares in the last quarter. Root Financial Partners LLC increased its position in JD.com by 1,020.0% in the 4th quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock valued at $32,000 after acquiring an additional 1,020 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in JD.com by 191.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider’s stock valued at $36,000 after acquiring an additional 815 shares in the last quarter. EFG International AG bought a new position in shares of JD.com in the fourth quarter worth about $36,000. Finally, Inspire Investing LLC bought a new position in shares of JD.com in the fourth quarter worth about $38,000. 15.98% of the stock is owned by institutional investors.

JD.com Stock Down 0.2%

JD opened at $29.62 on Monday. The firm’s 50-day simple moving average is $28.79 and its 200-day simple moving average is $28.75. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 1.18. JD.com has a twelve month low of $24.51 and a twelve month high of $36.86. The firm has a market cap of $36.97 billion, a price-to-earnings ratio of 23.14 and a beta of 0.40.

JD.com (NASDAQ:JD) last announced its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The business had revenue of $45.79 billion during the quarter. Equities research analysts anticipate that JD.com will post 2.78 EPS for the current fiscal year.

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.