JD.Com Inc (NASDAQ:JD) has been given an average rating of “Hold” by the eighteen brokerages that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $40.27.

JD has been the topic of a number of analyst reports. Nomura decreased their target price on shares of JD.Com from $44.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, August 17th. Stifel Nicolaus restated a “buy” rating and set a $39.00 target price on shares of JD.Com in a research report on Wednesday, September 5th. Zacks Investment Research lowered shares of JD.Com from a “buy” rating to a “hold” rating in a research report on Wednesday, September 19th. Susquehanna Bancshares initiated coverage on shares of JD.Com in a research report on Friday, September 7th. They set a “neutral” rating and a $30.00 target price on the stock. Finally, BNP Paribas initiated coverage on shares of JD.Com in a research report on Thursday, June 14th. They set a “hold” rating on the stock.

Shares of NASDAQ:JD opened at $24.51 on Friday. JD.Com has a 12-month low of $24.38 and a 12-month high of $50.68. The company has a quick ratio of 0.66, a current ratio of 0.99 and a debt-to-equity ratio of 0.17.

JD.Com (NASDAQ:JD) last announced its earnings results on Thursday, August 16th. The information services provider reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.35. JD.Com had a negative net margin of 0.12% and a negative return on equity of 0.96%. The firm had revenue of $122.30 billion for the quarter, compared to analyst estimates of $122.78 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s revenue was up 31.2% compared to the same quarter last year. research analysts expect that JD.Com will post 0.29 earnings per share for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of JD. OppenheimerFunds Inc. boosted its position in shares of JD.Com by 46.5% during the 2nd quarter. OppenheimerFunds Inc. now owns 24,719,292 shares of the information services provider’s stock worth $962,818,000 after acquiring an additional 7,842,079 shares in the last quarter. Vontobel Asset Management Inc. acquired a new stake in shares of JD.Com during the 2nd quarter worth approximately $268,795,000. Genesis Asset Managers LLP acquired a new stake in shares of JD.Com during the 2nd quarter worth approximately $87,487,000. BlackRock Inc. boosted its position in shares of JD.Com by 6.1% during the 2nd quarter. BlackRock Inc. now owns 31,710,484 shares of the information services provider’s stock worth $1,235,123,000 after acquiring an additional 1,825,484 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of JD.Com during the 2nd quarter worth approximately $67,764,000. Institutional investors and hedge funds own 51.17% of the company’s stock.

JD.Com Company Profile

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.

Further Reading: Exchange-Traded Funds (ETFs)

Analyst Recommendations for JD.Com (NASDAQ:JD)

Receive News & Ratings for JD.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD.Com and related companies with MarketBeat.com's FREE daily email newsletter.