JD.com, Inc. (NASDAQ:JD) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of JD.com, Inc. (NASDAQ:JD) have earned a consensus recommendation of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $38.50.

A number of equities research analysts recently weighed in on JD shares. Susquehanna lifted their target price on JD.com from $30.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Zacks Research raised JD.com from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Sanford C. Bernstein upped their price target on JD.com from $36.00 to $40.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Weiss Ratings raised JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Finally, Morgan Stanley upped their price target on JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a report on Wednesday, May 13th.

Hedge Funds Weigh In On JD.com

Large investors have recently added to or reduced their stakes in the company. Binnacle Investments Inc raised its holdings in JD.com by 365.8% in the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock valued at $26,000 after acquiring an additional 589 shares in the last quarter. Root Financial Partners LLC raised its holdings in JD.com by 1,020.0% in the 4th quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock valued at $32,000 after acquiring an additional 1,020 shares in the last quarter. Assetmark Inc. boosted its holdings in JD.com by 62.0% during the third quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock valued at $36,000 after purchasing an additional 399 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in JD.com by 191.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider’s stock valued at $36,000 after purchasing an additional 815 shares in the last quarter. Finally, EFG International AG acquired a new stake in JD.com during the fourth quarter valued at approximately $36,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

Key Headlines Impacting JD.com

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: JD.com and Mastercard are expanding their partnership to improve payment infrastructure in China and develop AI-powered commerce tools, which could support future transaction growth and ecosystem engagement.

JD.com Price Performance

Shares of NASDAQ:JD opened at $29.14 on Friday. The business has a 50 day moving average price of $30.00 and a 200 day moving average price of $29.19. JD.com has a twelve month low of $24.51 and a twelve month high of $36.86. The company has a market cap of $41.74 billion, a price-to-earnings ratio of 22.77 and a beta of 0.41. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22.

JD.com (NASDAQ:JD) last announced its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%.The firm had revenue of $45.79 billion during the quarter. Research analysts predict that JD.com will post 2.66 earnings per share for the current year.

JD.com Increases Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, April 29th. Shareholders of record on Thursday, April 9th were issued a $1.00 dividend. This is a positive change from JD.com’s previous annual dividend of $0.76. The ex-dividend date of this dividend was Thursday, April 9th. This represents a yield of 353.0%. JD.com’s payout ratio is currently 76.56%.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.