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JD.com, Inc. (JD) Dips More Than Broader Markets: What You Should Know

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In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $29.91, marking a -1.68% move from the previous day. This change lagged the S&P 500's daily loss of 1.09%. Elsewhere, the Dow lost 1.23%, while the tech-heavy Nasdaq lost 1.19%.

Coming into today, shares of the company had lost 3.28% in the past month. In that same time, the Retail-Wholesale sector gained 2.21%, while the S&P 500 gained 2.62%.

Wall Street will be looking for positivity from JD as it approaches its next earnings report date. On that day, JD is projected to report earnings of $0.09 per share, which would represent year-over-year growth of 80%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $21.72 billion, up 17.52% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.68 per share and revenue of $81.27 billion. These totals would mark changes of +100% and +17.26%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for JD. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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 remained stagnant. JD is currently a Zacks Rank #2 (Buy).

Investors should also note JD's current valuation metrics, including its Forward P/E ratio of 44.96. For comparison, its industry has an average Forward P/E of 27.65, which means JD is trading at a premium to the group.

The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 90, which puts it in the top 36% 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.

You can find more information on all of these metrics, and much more, on Zacks.com.


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