Analysts Set JD.com, Inc. (NASDAQ:JD) Price Target at $100.83


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Shares of JD.com, Inc. (NASDAQ:JD) have earned an average rating of “Buy” from the twenty research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $100.83.

A number of equities analysts recently issued reports on the company. Citigroup increased their target price on JD.com from $117.00 to $120.00 in a report on Friday, March 12th. HSBC increased their target price on JD.com from $103.00 to $108.00 and gave the stock a “buy” rating in a report on Thursday, March 18th. Stifel Nicolaus raised JD.com from a “hold” rating to a “buy” rating and set a $105.00 price target for the company in a research report on Tuesday, January 5th. Mizuho increased their price target on JD.com from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, January 8th. Finally, UBS Group increased their price target on JD.com from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, March 12th.

Shares of JD.com stock traded up $1.27 on Monday, reaching $82.52. 52,342 shares of the company’s stock were exchanged, compared to its average volume of 11,445,479. The company has a market capitalization of $110.53 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 0.94 and a beta of 0.92. JD.com has a 52 week low of $40.58 and a 52 week high of $108.29. The firm’s 50-day moving average is $89.59 and its two-hundred day moving average is $86.86. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.88 and a current ratio of 1.20.

JD.com (NASDAQ:JD) last issued its earnings results on Thursday, March 11th. The information services provider reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $1.30. JD.com had a return on equity of 10.00% and a net margin of 4.14%. The company had revenue of $224.33 billion for the quarter, compared to analysts’ expectations of $219.21 billion. During the same period last year, the business earned $0.54 EPS. JD.com’s quarterly revenue was up 31.4% compared to the same quarter last year. On average, analysts expect that JD.com will post 1.27 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Albion Financial Group UT bought a new position in shares of JD.com during the 4th quarter worth $33,000. First Horizon Advisors Inc. grew its stake in shares of JD.com by 103.6% during the 4th quarter. First Horizon Advisors Inc. now owns 454 shares of the information services provider’s stock worth $40,000 after acquiring an additional 231 shares during the period. Capital Asset Advisory Services LLC bought a new position in shares of JD.com during the 4th quarter worth $42,000. Huntington National Bank grew its stake in shares of JD.com by 33.0% during the 4th quarter. Huntington National Bank now owns 504 shares of the information services provider’s stock worth $44,000 after acquiring an additional 125 shares during the period. Finally, Merrion Investment Management Co LLC bought a new position in shares of JD.com during the 4th quarter worth $44,000. 40.27% of the stock is owned by hedge funds and other 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 Retail 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; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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Analyst Recommendations for JD.com (NASDAQ:JD)

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