JD.Com (JD) Raised to “Sell” at BidaskClub

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BidaskClub upgraded shares of JD.Com (NASDAQ:JD) from a strong sell rating to a sell rating in a report released on Wednesday.

JD has been the subject of a number of other research reports. Stifel Nicolaus cut shares of JD.Com from a buy rating to a hold rating in a report on Monday, November 19th. Zacks Investment Research cut shares of JD.Com from a hold rating to a strong sell rating in a report on Saturday, November 3rd. Morgan Stanley reissued a hold rating and issued a $25.00 target price on shares of JD.Com in a report on Monday, September 17th. UBS Group dropped their target price on shares of JD.Com from $45.00 to $38.00 and set a buy rating for the company in a report on Friday, August 17th. Finally, Benchmark dropped their target price on shares of JD.Com to $31.00 and set a buy rating for the company in a report on Tuesday, November 20th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of $35.19.

JD opened at $20.93 on Wednesday. JD.Com has a twelve month low of $19.21 and a twelve month high of $50.68. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.90 and a quick ratio of 0.57. The stock has a market cap of $25.56 billion, a P/E ratio of 2,093.00 and a beta of 1.37.

JD.Com (NASDAQ:JD) last posted its quarterly earnings data on Monday, November 19th. The information services provider reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.06). JD.Com had a negative return on equity of 2.40% and a net margin of 0.31%. The firm had revenue of $104.77 billion for the quarter, compared to the consensus estimate of $105.93 billion. During the same period in the prior year, the company earned $1.52 EPS. The company’s revenue for the quarter was up 25.1% compared to the same quarter last year. As a group, analysts anticipate that JD.Com will post 0.02 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Neuburgh Advisers LLC acquired a new position in shares of JD.Com in the second quarter valued at approximately $102,000. Fifth Third Bancorp increased its stake in shares of JD.Com by 1,497.0% in the third quarter. Fifth Third Bancorp now owns 4,312 shares of the information services provider’s stock valued at $113,000 after buying an additional 4,042 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of JD.Com in the third quarter valued at approximately $130,000. Glen Harbor Capital Management LLC acquired a new position in shares of JD.Com in the second quarter valued at approximately $140,000. Finally, Riverhead Capital Management LLC acquired a new position in shares of JD.Com in the second quarter valued at approximately $160,000. 47.24% of the stock is owned by institutional investors.

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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