Shares of JD.Com Inc (NASDAQ:JD) have earned a consensus rating of “Hold” from the twenty-three analysts that are presently covering the stock, MarketBeat Ratings reports. Thirteen investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $31.77.
Several research analysts have commented on JD shares. Zacks Investment Research upgraded shares of JD.Com from a “sell” rating to a “hold” rating in a report on Tuesday, January 8th. Daiwa Capital Markets set a $38.00 target price on shares of JD.Com and gave the stock a “buy” rating in a report on Friday, March 1st. Sanford C. Bernstein reiterated a “mkt perform” rating on shares of JD.Com in a report on Monday, January 14th. Benchmark raised their target price on shares of JD.Com from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Finally, BidaskClub cut shares of JD.Com from a “buy” rating to a “hold” rating in a report on Saturday.
Shares of JD traded down $1.07 during mid-day trading on Wednesday, hitting $29.50. The company’s stock had a trading volume of 562,139 shares, compared to its average volume of 15,867,931. The stock has a market capitalization of $36.81 billion, a P/E ratio of -985.00 and a beta of 1.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.50. JD.Com has a fifty-two week low of $19.21 and a fifty-two week high of $45.23.
Several hedge funds have recently bought and sold shares of JD. BlackRock Inc. lifted its stake in JD.Com by 8.1% in the fourth quarter. BlackRock Inc. now owns 35,200,026 shares of the information services provider’s stock valued at $736,736,000 after acquiring an additional 2,650,221 shares during the last quarter. Dodge & Cox lifted its stake in JD.Com by 20.2% in the third quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock valued at $834,535,000 after acquiring an additional 5,382,080 shares during the last quarter. Vanguard Group Inc lifted its stake in JD.Com by 2.4% in the third quarter. Vanguard Group Inc now owns 27,469,471 shares of the information services provider’s stock valued at $716,678,000 after acquiring an additional 649,113 shares during the last quarter. Hillhouse Capital Advisors Ltd. acquired a new stake in JD.Com in the fourth quarter valued at approximately $314,813,000. Finally, Fisher Asset Management LLC lifted its stake in JD.Com by 6.2% in the fourth quarter. Fisher Asset Management LLC now owns 11,052,559 shares of the information services provider’s stock valued at $231,330,000 after acquiring an additional 640,511 shares during the last quarter. Institutional investors and hedge funds own 47.87% of the company’s stock.
JD.Com Company Profile
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 Mall 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; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
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