Brokerages Expect JD.Com Inc (NASDAQ:JD) to Announce $0.09 EPS

Analysts forecast that JD.Com Inc (NASDAQ:JD) will post earnings of $0.09 per share for the current quarter, according to Zacks. Three analysts have made estimates for JD.Com’s earnings, with estimates ranging from $0.07 to $0.12. JD.Com posted earnings per share of $0.07 during the same quarter last year, which would indicate a positive year over year growth rate of 28.6%. The company is expected to report its next quarterly earnings results on Thursday, February 27th.

According to Zacks, analysts expect that JD.Com will report full year earnings of $1.06 per share for the current fiscal year, with EPS estimates ranging from $1.03 to $1.12. For the next fiscal year, analysts expect that the firm will post earnings of $1.47 per share, with EPS estimates ranging from $1.39 to $1.53. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover JD.Com.

Several brokerages recently weighed in on JD. Stifel Nicolaus reissued a “hold” rating and set a $35.00 price target on shares of JD.Com in a research report on Tuesday, August 13th. Barclays upgraded JD.Com from an “equal weight” rating to an “overweight” rating and set a $38.00 price objective for the company in a report on Monday, November 25th. Zacks Investment Research downgraded JD.Com from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th. Mizuho raised their price target on shares of JD.Com from $31.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, November 18th. Finally, Vertical Group assumed coverage on JD.Com in a research report on Tuesday, October 22nd. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $35.39.

A number of large investors have recently made changes to their positions in the stock. Man Group plc increased its stake in shares of JD.Com by 325.2% in the 3rd quarter. Man Group plc now owns 4,867,049 shares of the information services provider’s stock worth $137,300,000 after acquiring an additional 3,722,495 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of JD.Com during the third quarter worth about $2,353,000. Sunbelt Securities Inc. raised its stake in shares of JD.Com by 69.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 22,051 shares of the information services provider’s stock worth $622,000 after buying an additional 9,056 shares in the last quarter. Parametric Portfolio Associates LLC increased its holdings in JD.Com by 19.0% in the third quarter. Parametric Portfolio Associates LLC now owns 661,796 shares of the information services provider’s stock valued at $18,669,000 after buying an additional 105,792 shares in the last quarter. Finally, Global Retirement Partners LLC grew its position in shares of JD.Com by 24.1% in the third quarter. Global Retirement Partners LLC now owns 3,295 shares of the information services provider’s stock valued at $93,000 after purchasing an additional 640 shares during the last quarter. 38.99% of the stock is currently owned by institutional investors.

Shares of JD traded up $0.39 during mid-day trading on Friday, reaching $32.93. 8,127,982 shares of the stock traded hands, compared to its average volume of 14,297,201. The company has a market cap of $48.04 billion, a price-to-earnings ratio of -1,097.67 and a beta of 1.36. The firm has a fifty day moving average price of $32.11 and a 200 day moving average price of $30.04. JD.Com has a 1 year low of $19.26 and a 1 year high of $35.43. The company has a current ratio of 0.98, a quick ratio of 0.61 and a debt-to-equity ratio of 0.20.

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 Retail 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; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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Earnings History and Estimates for JD.Com (NASDAQ:JD)

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