JD.com, Inc. (NASDAQ:JD) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of JD.com, Inc. (NASDAQ:JD) have earned an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $36.4167.

JD has been the subject of several recent research reports. Daiwa Securities Group reissued a “hold” rating and issued a $27.00 price target on shares of JD.com in a research report on Tuesday, June 23rd. Wall Street Zen raised JD.com from a “sell” rating to a “hold” rating in a research note on Saturday, April 18th. Benchmark upped their target price on shares of JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Morgan Stanley raised their price target on JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a report on Wednesday, May 13th. Finally, Barclays reduced their price objective on shares of JD.com from $43.00 to $41.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th.

Institutional Trading of JD.com

A number of hedge funds have recently modified their holdings of JD. NFJ Investment Group LLC boosted its position in shares of JD.com by 61.8% during the fourth quarter. NFJ Investment Group LLC now owns 699,518 shares of the information services provider’s stock worth $20,076,000 after purchasing an additional 267,159 shares in the last quarter. Monaco Asset Management SAM increased its position in shares of JD.com by 60.0% in the 4th quarter. Monaco Asset Management SAM now owns 160,000 shares of the information services provider’s stock valued at $4,592,000 after buying an additional 60,000 shares in the last quarter. Legal & General Group Plc raised its stake in JD.com by 4.7% during the 4th quarter. Legal & General Group Plc now owns 1,545,460 shares of the information services provider’s stock worth $44,346,000 after buying an additional 70,062 shares during the period. U.S. Capital Wealth Advisors LLC raised its stake in JD.com by 381.3% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 83,093 shares of the information services provider’s stock worth $2,385,000 after buying an additional 65,829 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in JD.com by 11.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,441,095 shares of the information services provider’s stock worth $127,459,000 after acquiring an additional 463,033 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Stock Performance

NASDAQ:JD opened at $31.92 on Friday. JD.com has a 52-week low of $24.51 and a 52-week high of $36.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 1.18. The company has a market cap of $39.84 billion, a price-to-earnings ratio of 24.94 and a beta of 0.38. The firm’s 50-day moving average is $29.08 and its 200-day moving average is $29.05.

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