ValuEngine upgraded shares of JD.Com (NASDAQ:JD) from a sell rating to a hold rating in a research report sent to investors on Thursday.

A number of other equities research analysts also recently weighed in on the stock. BidaskClub upgraded shares of JD.Com from a strong sell rating to a sell rating in a research report on Wednesday. Zacks Investment Research raised shares of JD.Com from a sell rating to a hold rating in a research note on Thursday, November 22nd. Cowen reaffirmed a neutral rating on shares of JD.Com in a research note on Wednesday, November 21st. Benchmark decreased their target price on shares of JD.Com to $31.00 and set a buy rating on the stock in a research note on Tuesday, November 20th. Finally, Credit Suisse Group set a $31.00 target price on shares of JD.Com and gave the stock a buy rating in a research note on Tuesday, November 20th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. JD.Com presently has an average rating of Hold and a consensus price target of $35.19.

JD stock traded up $0.29 during mid-day trading on Thursday, hitting $21.52. 2,391,749 shares of the company were exchanged, compared to its average volume of 18,544,972. The company has a quick ratio of 0.57, a current ratio of 0.90 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $25.83 billion, a PE ratio of 2,152.00 and a beta of 1.37. JD.Com has a 1-year low of $19.21 and a 1-year high of $50.68.

JD.Com (NASDAQ:JD) last released its quarterly earnings results on Monday, November 19th. The information services provider reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). JD.Com had a net margin of 0.31% and a negative return on equity of 2.40%. The business had revenue of $104.77 billion during the quarter, compared to analyst estimates of $105.93 billion. During the same quarter in the previous year, the firm posted $1.52 earnings per share. The firm’s quarterly revenue was up 25.1% on a year-over-year basis. As a group, research analysts expect that JD.Com will post 0.02 EPS for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. Neuburgh Advisers LLC bought a new position in shares of JD.Com during the 2nd quarter valued at approximately $102,000. Fifth Third Bancorp grew its holdings in shares of JD.Com by 1,497.0% during the 3rd quarter. Fifth Third Bancorp now owns 4,312 shares of the information services provider’s stock valued at $113,000 after purchasing an additional 4,042 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of JD.Com during the 3rd quarter valued at $130,000. Glen Harbor Capital Management LLC bought a new position in shares of JD.Com during the 2nd quarter valued at $140,000. Finally, Riverhead Capital Management LLC bought a new stake in JD.Com in the 2nd quarter worth $160,000. Institutional investors and hedge funds own 47.24% of the company’s stock.

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 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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