JD.com (JD) Scheduled to Post Earnings on Thursday

JD.com (NASDAQ:JD) is set to release its earnings data before the market opens on Thursday, November 14th. Analysts expect JD.com to post earnings of $1.04 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

JD.com (NASDAQ:JD) last issued its quarterly earnings results on Thursday, August 15th. The information services provider reported $9.36 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $8.57. JD.com had a net margin of 2.80% and a return on equity of 13.51%. The firm had revenue of $291.40 billion for the quarter, compared to analyst estimates of $291.01 billion. During the same quarter in the prior year, the firm earned $0.68 EPS. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, analysts expect JD.com to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

JD.com Stock Down 7.5 %

Shares of NASDAQ:JD opened at $36.10 on Wednesday. The firm has a market capitalization of $56.93 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 0.43 and a beta of 0.41. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.90 and a current ratio of 1.15. JD.com has a 52-week low of $20.82 and a 52-week high of $47.82. The firm has a fifty day moving average of $36.67 and a 200 day moving average of $31.40.

Analyst Ratings Changes

JD has been the topic of several recent research reports. Sanford C. Bernstein reduced their price objective on JD.com from $35.00 to $32.00 and set a “market perform” rating on the stock in a research report on Friday, August 16th. Loop Capital raised shares of JD.com from a “hold” rating to a “buy” rating and cut their price objective for the company from $49.00 to $48.00 in a research note on Monday, October 21st. Susquehanna reiterated a “neutral” rating and issued a $28.00 target price on shares of JD.com in a research report on Monday, August 19th. JPMorgan Chase & Co. upped their price target on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, StockNews.com upgraded JD.com from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, JD.com currently has an average rating of “Moderate Buy” and an average target price of $39.71.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider 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.