JD.com Earns Moderate Buy Rating from Market Analysts

JD.com, Inc. (NASDAQ:JD) has received a consensus rating of 'Moderate Buy' from the array of fourteen analysts tracking the company's performances, according to the latest financial reports. The investment analysts who have offered their views on the company are divided, with six recommending a 'hold' and eight suggesting a 'buy.' The consensus on the one-year target price for the stock stands at $39.64, indicating a potential upside from its current trading price.

Recent Analysts' Opinions on JD.com

Several financial experts have recently provided updates and ratings changes for JD.com's stock. Notably, an analysis published on a Friday by StockNews.com upgraded JD.com from 'hold' to 'buy.' Similarly, Mizuho adjusted their price target on JD.com, shifting from $32.00 to $33.00, maintaining a 'buy' rating on March 7th. However, Susquehanna revised their price target, lowering it from $38.00 to $30.00, and assigned a 'neutral' rating to the company. HSBC also raised their price target from $38.00 to $39.00 and continued to recommend a 'buy' on the same date. On a contrasting note, Citigroup decreased their price target on JD.com from $43.00 to $42.00 but still kept a 'buy' rating in a January report.

Institutional Investments in JD.com

In recent times, institutional investors and hedge funds have adjusted their holdings in JD.com. Dodge & Cox increased their stake in JD.com by 18.9% during the last quarter, now owning 21,944,549 shares valued at approximately $633.98 million. During a different quarter, Morgan Stanley raised its holdings by 15.8%, reaching 9,277,951 shares with an aggregate value near $270.27 million. One notable increase was by Newlands Management Operations LLC, who boosted their investment by 277.4% in the second quarter, now holding 9,037,190 shares with a market value of about $308.44 million. Voloridge Investment Management LLC made a marked increase of 2,693.5% in their investment during the fourth quarter, resulting in ownership of 6,397,396 shares worth roughly $184.82 million. Lastly, FIL Ltd saw their position grow by 124.3% also during the fourth quarter, owning 6,210,546 shares valued at close to $179.42 million. In total, institutional investors and hedge funds own 15.98% of JD.com's stock.

JD.com's Stock Performance

The stock for JD.com began trading at $27.05 on a recent Friday. It has seen a low of $20.82 and a peak of $45.16 over the past twelve months. With a 50-day moving average price of $23.76 and a 200-day moving average of $26.77, the company holds a market capitalization of $42.66 billion. The P/E ratio stands at 12.70, the P/E/G ratio at 0.22, and it has a beta of 0.52. JD.com's financial health is reflected in a quick ratio of 0.90, a current ratio of 1.16, and a debt-to-equity ratio of 0.14.

The company recently reported quarterly earnings, surpassing analysts' expectations with an earnings per share (EPS) of $5.30 against the estimate of $0.56. Sales reached $306.08 billion, compared to the prediction of $300.21 billion. In comparison to the same period last year, revenue increased by 3.6%. Analysts are projecting an EPS of 2.73 for the current fiscal year.

JD.com's Dividend Declaration

Moreover, JD.com has announced an annual dividend set to be disbursed on Monday, April 29th, to shareholders on record as of Friday, April 5th. The dividend is $0.74 per share, which translates to a yield of 2.99%. The ex-dividend date is set for Thursday, April 4th. The payout ratio for this dividend stands at 28.17%.

About JD.com

JD.com, Inc. is a mainstay in supply chain-based technologies and services in the People's Republic of China. It provides a diverse range of products including electronics, appliances, general merchandise, and more. They also offer a variety of goods such as food and beverages, pharmaceuticals, industrial products, and luxury items like jewelry and apparel.

JD.com, ModerateBuy, Analysts