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JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
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JD.com, Inc. (JD - Free Report) closed at $24.68 in the latest trading session, marking a +0.16% move from the prior day. This change lagged the S&P 500's 0.18% gain on the day. Elsewhere, the Dow gained 0.24%, while the tech-heavy Nasdaq added 0.03%.
Coming into today, shares of the company had gained 13.65% in the past month. In that same time, the Retail-Wholesale sector gained 3.11%, while the S&P 500 gained 4.28%.
Investors will be hoping for strength from JD as it approaches its next earnings release, which is expected to be February 28, 2019. The company is expected to report EPS of -$0.04, down 180% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $19.15 billion, up 13.09% from the year-ago period.
Investors might also notice recent changes to analyst estimates for JD. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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. Over the past month, the Zacks Consensus EPS estimate has moved 24.39% lower. JD is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, JD currently has a Forward P/E ratio of 50.29. Its industry sports an average Forward P/E of 32.94, so we one might conclude that JD is trading at a premium comparatively.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
JD.com, Inc. (JD - Free Report) closed at $24.68 in the latest trading session, marking a +0.16% move from the prior day. This change lagged the S&P 500's 0.18% gain on the day. Elsewhere, the Dow gained 0.24%, while the tech-heavy Nasdaq added 0.03%.
Coming into today, shares of the company had gained 13.65% in the past month. In that same time, the Retail-Wholesale sector gained 3.11%, while the S&P 500 gained 4.28%.
Investors will be hoping for strength from JD as it approaches its next earnings release, which is expected to be February 28, 2019. The company is expected to report EPS of -$0.04, down 180% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $19.15 billion, up 13.09% from the year-ago period.
Investors might also notice recent changes to analyst estimates for JD. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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. Over the past month, the Zacks Consensus EPS estimate has moved 24.39% lower. JD is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, JD currently has a Forward P/E ratio of 50.29. Its industry sports an average Forward P/E of 32.94, so we one might conclude that JD is trading at a premium comparatively.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.