Media stories about JD.com (NASDAQ:JD) have been trending positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. JD.com earned a news impact score of 0.25 on Accern’s scale. Accern also assigned news coverage about the information services provider an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern’s scoring:
- Romulus v. CVS Pharmacy, Inc.: Meal Periods, Ascertainability, and the Importance of Removal (jdsupra.com)
- Diamondbacks decide to go all-in, acquire JD Martinez from Tigers (techzolix.com)
- Tigers trade star OF JD Martinez to Diamondbacks for 3 prospects (healthcaremenu.net)
- Volume Moving the Tape For JD.com Inc (JD) – FLBC News (flbcnews.com)
- Tech Names Lead Mixed Finish, Transports Slide After Close (finance.yahoo.com)
Shares of JD.com (JD) opened at 42.99 on Wednesday. The company’s 50 day moving average is $40.36 and its 200 day moving average is $34.19. JD.com has a 12 month low of $21.22 and a 12 month high of $44.18.
JD.com (NASDAQ:JD) last announced its earnings results on Monday, May 8th. The information services provider reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.13. The business had revenue of $76.20 billion for the quarter, compared to analysts’ expectations of $73.59 billion. JD.com had a negative net margin of 0.96% and a negative return on equity of 1.46%. The company’s quarterly revenue was up 41.2% on a year-over-year basis. During the same period in the previous year, the company posted ($0.15) EPS. On average, analysts anticipate that JD.com will post $0.39 earnings per share for the current fiscal year.
A number of research firms have recently weighed in on JD. Nomura reiterated a “buy” rating and set a $46.00 target price on shares of JD.com in a report on Tuesday, May 9th. Benchmark Co. began coverage on shares of JD.com in a report on Tuesday, April 18th. They set a “buy” rating and a $40.00 target price for the company. Vetr lowered shares of JD.com from a “strong-buy” rating to a “buy” rating and set a $36.18 target price for the company. in a report on Monday, April 10th. Instinet reiterated a “buy” rating and set a $37.00 target price on shares of JD.com in a report on Wednesday, May 10th. Finally, Cowen and Company increased their target price on shares of JD.com from $30.00 to $40.00 and gave the stock a “market perform” rating in a report on Tuesday, May 9th. Seven equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $37.33.
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JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.
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