Zacks: Analysts Expect JD.com, Inc. (JD) to Post $0.10 EPS

Equities analysts expect JD.com, Inc. (NASDAQ:JD) to announce earnings of $0.10 per share for the current quarter, Zacks reports. Two analysts have provided estimates for JD.com’s earnings. The highest EPS estimate is $0.17 and the lowest is $0.06. JD.com posted earnings of $0.06 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 66.7%. The business is scheduled to announce its next quarterly earnings report on Thursday, March 1st.

On average, analysts expect that JD.com will report full-year earnings of $0.59 per share for the current fiscal year, with EPS estimates ranging from $0.52 to $0.65. For the next fiscal year, analysts forecast that the business will report earnings of $0.98 per share, with EPS estimates ranging from $0.83 to $1.14. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that cover JD.com.

A number of analysts have commented on the stock. Zacks Investment Research cut shares of JD.com from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. KeyCorp set a $51.00 target price on shares of JD.com and gave the company a “buy” rating in a report on Monday, November 13th. UBS raised shares of JD.com from a “neutral” rating to a “buy” rating in a report on Monday, October 30th. J P Morgan Chase & Co reduced their target price on shares of JD.com from $52.00 to $50.00 and set an “overweight” rating for the company in a report on Wednesday, November 15th. Finally, BidaskClub cut shares of JD.com from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $45.65.

JD.com (NASDAQ:JD) traded up $1.36 on Friday, hitting $41.68. 19,891,574 shares of the stock traded hands, compared to its average volume of 11,579,293. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.12 and a quick ratio of 0.79. JD.com has a 1 year low of $25.25 and a 1 year high of $48.99. The stock has a market capitalization of $57,386.85, a PE ratio of 2,016.00 and a beta of 1.37.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of JD.com by 0.8% in the second quarter. BlackRock Inc. now owns 31,030,874 shares of the information services provider’s stock worth $1,217,028,000 after purchasing an additional 260,994 shares in the last quarter. FIL Ltd increased its stake in shares of JD.com by 36.1% in the second quarter. FIL Ltd now owns 9,860,118 shares of the information services provider’s stock worth $386,713,000 after purchasing an additional 2,616,886 shares in the last quarter. Harding Loevner LP increased its stake in shares of JD.com by 2.4% in the second quarter. Harding Loevner LP now owns 6,427,134 shares of the information services provider’s stock worth $252,072,000 after purchasing an additional 152,500 shares in the last quarter. Hermes Investment Management Ltd. increased its stake in shares of JD.com by 35.5% in the third quarter. Hermes Investment Management Ltd. now owns 4,016,844 shares of the information services provider’s stock worth $153,443,000 after purchasing an additional 1,051,571 shares in the last quarter. Finally, Ruane Cunniff & Goldfarb Inc. increased its stake in shares of JD.com by 33.3% in the third quarter. Ruane Cunniff & Goldfarb Inc. now owns 4,000,000 shares of the information services provider’s stock worth $152,800,000 after purchasing an additional 1,000,000 shares in the last quarter. 44.99% of the stock is owned by hedge funds and other institutional investors.

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JD.com Company Profile

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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