Wall Street analysts expect JD.Com Inc (NASDAQ:JD) to post earnings per share (EPS) of $0.12 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for JD.Com’s earnings. The lowest EPS estimate is $0.11 and the highest is $0.14. JD.Com reported earnings of $0.10 per share in the same quarter last year, which would indicate a positive year over year growth rate of 20%. The firm is expected to report its next earnings report on Monday, August 13th.
On average, analysts expect that JD.Com will report full-year earnings of $0.64 per share for the current year, with EPS estimates ranging from $0.56 to $0.74. For the next financial year, analysts anticipate that the business will report earnings of $1.18 per share, with EPS estimates ranging from $1.00 to $1.30. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover JD.Com.
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JD.Com (NASDAQ:JD) last released its earnings results on Tuesday, May 8th. The information services provider reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.73. JD.Com had a return on equity of 3.62% and a net margin of 0.31%. The company had revenue of $100.13 billion during the quarter, compared to analyst estimates of $98.92 billion. During the same quarter in the previous year, the company posted $1.03 EPS. JD.Com’s revenue for the quarter was up 33.1% on a year-over-year basis.
JD has been the subject of a number of recent research reports. Vetr lowered JD.Com from a “strong-buy” rating to a “buy” rating and set a $54.29 target price for the company. in a research note on Tuesday, February 27th. KeyCorp reissued a “buy” rating and issued a $56.00 target price on shares of JD.Com in a research note on Tuesday, February 27th. Zacks Investment Research lowered JD.Com from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. Stifel Nicolaus reaffirmed a “buy” rating on shares of JD.Com in a research report on Friday, March 2nd. Finally, Wells Fargo & Co reaffirmed a “buy” rating and set a $50.00 price target on shares of JD.Com in a research report on Friday, March 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $50.55.
JD.Com opened at $40.82 on Thursday, according to MarketBeat Ratings. JD.Com has a 1-year low of $34.76 and a 1-year high of $50.68. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.06 and a quick ratio of 0.72. The stock has a market capitalization of $49.15 billion, a PE ratio of 4,082.00, a P/E/G ratio of 6.41 and a beta of 1.59.
Hedge funds have recently bought and sold shares of the business. LPL Financial LLC grew its holdings in shares of JD.Com by 240.0% during the 4th quarter. LPL Financial LLC now owns 20,838 shares of the information services provider’s stock worth $863,000 after acquiring an additional 14,709 shares during the period. Lido Advisors LLC grew its holdings in shares of JD.Com by 150.0% during the 1st quarter. Lido Advisors LLC now owns 25,000 shares of the information services provider’s stock worth $1,012,000 after acquiring an additional 15,000 shares during the period. Emory University purchased a new position in shares of JD.Com during the 4th quarter worth approximately $5,154,000. Raymond James & Associates grew its holdings in shares of JD.Com by 1,261.8% during the 4th quarter. Raymond James & Associates now owns 103,268 shares of the information services provider’s stock worth $4,277,000 after acquiring an additional 95,685 shares during the period. Finally, Quad Capital Management Advisors LLC purchased a new position in shares of JD.Com during the 4th quarter worth approximately $1,450,000. Hedge funds and other institutional investors own 50.86% of the company’s stock.
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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