JD.Com (NASDAQ:JD) had its target price lowered by MKM Partners from $41.00 to $35.00 in a research note issued to investors on Friday morning, The Fly reports. MKM Partners currently has a buy rating on the information services provider’s stock.

A number of other brokerages have also recently weighed in on JD. ValuEngine upgraded shares of JD.Com from a sell rating to a hold rating in a research note on Thursday, December 6th. BidaskClub upgraded shares of JD.Com from a strong sell rating to a sell rating in a research note on Wednesday, December 5th. Zacks Investment Research upgraded shares of JD.Com from a sell rating to a hold rating in a research note on Thursday, November 22nd. Cowen reiterated a neutral rating on shares of JD.Com in a research note on Wednesday, November 21st. Finally, Benchmark decreased their price target on shares of JD.Com to $31.00 and set a buy rating for the company in a research note on Tuesday, November 20th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $35.19.

NASDAQ JD opened at $20.51 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.57 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $25.20 billion, a P/E ratio of 2,051.00 and a beta of 1.37. JD.Com has a 12 month low of $19.21 and a 12 month high of $50.68.

JD.Com (NASDAQ:JD) last posted its earnings results on Monday, November 19th. The information services provider reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.06). The company had revenue of $104.77 billion during the quarter, compared to analysts’ expectations of $105.93 billion. JD.Com had a net margin of 0.31% and a negative return on equity of 2.40%. The company’s quarterly revenue was up 25.1% on a year-over-year basis. During the same period last year, the business earned $1.52 earnings per share. On average, research analysts forecast that JD.Com will post 0.02 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in JD. OppenheimerFunds Inc. lifted its stake in shares of JD.Com by 46.5% in 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 during the period. First Pacific Advisors LP lifted its stake in shares of JD.Com by 454.8% in the 3rd quarter. First Pacific Advisors LP now owns 9,369,029 shares of the information services provider’s stock worth $244,438,000 after acquiring an additional 7,680,288 shares during the period. Vontobel Asset Management Inc. acquired a new stake in shares of JD.Com in the 2nd quarter worth $268,795,000. Dodge & Cox lifted its stake in shares of JD.Com by 20.2% in the 3rd quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock worth $834,535,000 after acquiring an additional 5,382,080 shares during the period. Finally, Nordea Investment Management AB acquired a new stake in shares of JD.Com in the 3rd quarter worth $96,830,000. Institutional investors own 47.24% 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.

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Analyst Recommendations for JD.Com (NASDAQ:JD)

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