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JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
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In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $26.93, marking a +0.07% move from the previous day. This move lagged the S&P 500's daily gain of 0.78%. Elsewhere, the Dow gained 0.95%, while the tech-heavy Nasdaq added 0.98%.
Heading into today, shares of the company had lost 16.76% over the past month, lagging the Retail-Wholesale sector's gain of 1.39% and the S&P 500's gain of 2.17% in that time.
Investors will be hoping for strength from JD as it approaches its next earnings release, which is expected to be November 12, 2018. In that report, analysts expect JD to post earnings of $0.16 per share. This would mark a year-over-year decline of 30.43%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.75 billion, up 25.12% from the year-ago period.
JD's full-year Zacks Consensus Estimates are calling for earnings of $0.37 per share and revenue of $68.34 billion. These results would represent year-over-year changes of -28.85% and +25.75%, respectively.
It is also important to note the recent changes to analyst estimates for JD. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. JD is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note JD's current valuation metrics, including its Forward P/E ratio of 72.76. This represents a premium compared to its industry's average Forward P/E of 29.09.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $26.93, marking a +0.07% move from the previous day. This move lagged the S&P 500's daily gain of 0.78%. Elsewhere, the Dow gained 0.95%, while the tech-heavy Nasdaq added 0.98%.
Heading into today, shares of the company had lost 16.76% over the past month, lagging the Retail-Wholesale sector's gain of 1.39% and the S&P 500's gain of 2.17% in that time.
Investors will be hoping for strength from JD as it approaches its next earnings release, which is expected to be November 12, 2018. In that report, analysts expect JD to post earnings of $0.16 per share. This would mark a year-over-year decline of 30.43%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.75 billion, up 25.12% from the year-ago period.
JD's full-year Zacks Consensus Estimates are calling for earnings of $0.37 per share and revenue of $68.34 billion. These results would represent year-over-year changes of -28.85% and +25.75%, respectively.
It is also important to note the recent changes to analyst estimates for JD. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. JD is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note JD's current valuation metrics, including its Forward P/E ratio of 72.76. This represents a premium compared to its industry's average Forward P/E of 29.09.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.