JD.com, Inc. (NASDAQ:JD) Receives $37.07 Average Price Target from Brokerages

Shares of JD.com, Inc. (NASDAQ:JD) have been given an average recommendation of “Moderate Buy” by the fourteen analysts that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $37.07.

A number of brokerages have recently issued reports on JD. Mizuho boosted their target price on JD.com from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Benchmark cut their target price on JD.com from $67.00 to $55.00 and set a “strong-buy” rating on the stock in a research report on Friday, April 5th. Barclays cut their target price on JD.com from $45.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 31st. JPMorgan Chase & Co. boosted their target price on JD.com from $25.00 to $28.00 and gave the stock a “hold” rating in a research report on Friday, April 5th. Finally, StockNews.com raised JD.com from a “hold” rating to a “buy” rating in a research report on Monday, April 8th.

JD.com Stock Up 0.1 %

JD opened at $25.42 on Tuesday. JD.com has a one year low of $20.82 and a one year high of $41.95. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.90 and a current ratio of 1.16. The stock’s fifty day moving average is $25.20 and its 200-day moving average is $25.93. The company has a market capitalization of $40.09 billion, a PE ratio of 11.93, a P/E/G ratio of 0.20 and a beta of 0.54.

JD.com (NASDAQ:JD) last posted its quarterly earnings data on Wednesday, March 6th. The information services provider reported $5.30 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $4.74. JD.com had a return on equity of 10.87% and a net margin of 2.22%. The company had revenue of $306.08 billion for the quarter, compared to the consensus estimate of $300.21 billion. During the same quarter in the previous year, the business earned $0.54 EPS. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. On average, equities analysts predict that JD.com will post 2.85 EPS for the current fiscal year.

JD.com Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Monday, April 29th. Shareholders of record on Friday, April 5th will be paid a $0.74 dividend. The ex-dividend date is Thursday, April 4th. This represents a yield of 2.99%. JD.com’s dividend payout ratio (DPR) is currently 34.74%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Voloridge Investment Management LLC boosted its stake in shares of JD.com by 2,693.5% during the 4th quarter. Voloridge Investment Management LLC now owns 6,397,396 shares of the information services provider’s stock worth $184,821,000 after acquiring an additional 6,168,384 shares in the last quarter. Aspex Management HK Ltd bought a new stake in shares of JD.com during the 4th quarter worth about $114,009,000. Dodge & Cox boosted its stake in shares of JD.com by 18.9% during the 4th quarter. Dodge & Cox now owns 21,944,549 shares of the information services provider’s stock worth $633,978,000 after acquiring an additional 3,482,900 shares in the last quarter. FIL Ltd boosted its stake in shares of JD.com by 124.3% during the 4th quarter. FIL Ltd now owns 6,210,546 shares of the information services provider’s stock worth $179,423,000 after acquiring an additional 3,441,605 shares in the last quarter. Finally, National Bank of Canada FI boosted its stake in shares of JD.com by 292.4% during the 4th quarter. National Bank of Canada FI now owns 4,436,719 shares of the information services provider’s stock worth $120,679,000 after acquiring an additional 3,305,956 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

About JD.com

JD.com, Inc provides supply chain-based technologies and services in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.