We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
JD.com, Inc. (JD) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
JD.com, Inc. (JD - Free Report) closed the most recent trading day at $78.12, moving -0.86% from the previous trading session. This move lagged the S&P 500's daily loss of 0.41%.
Prior to today's trading, shares of the company had lost 8.12% over the past month. This has lagged the Retail-Wholesale sector's gain of 1.33% and the S&P 500's gain of 5.07% in that time.
JD will be looking to display strength as it nears its next earnings release. On that day, JD is projected to report earnings of $0.45 per share, which would represent year-over-year growth of 60.71%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $29.57 billion, up 43.23% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.88 per share and revenue of $142.52 billion, which would represent changes of +16.05% and +30.58%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for JD. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for 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. The Zacks Consensus EPS estimate remained stagnant within the past month. JD is holding a Zacks Rank of #5 (Strong Sell) right now.
In terms of valuation, JD is currently trading at a Forward P/E ratio of 41.92. This represents a discount compared to its industry's average Forward P/E of 62.57.
We can also see that JD currently has a PEG ratio of 0.92. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 2.41 as of yesterday's close.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 211, putting it in the bottom 17% 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.
To follow JD in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
JD.com, Inc. (JD) Dips More Than Broader Markets: What You Should Know
JD.com, Inc. (JD - Free Report) closed the most recent trading day at $78.12, moving -0.86% from the previous trading session. This move lagged the S&P 500's daily loss of 0.41%.
Prior to today's trading, shares of the company had lost 8.12% over the past month. This has lagged the Retail-Wholesale sector's gain of 1.33% and the S&P 500's gain of 5.07% in that time.
JD will be looking to display strength as it nears its next earnings release. On that day, JD is projected to report earnings of $0.45 per share, which would represent year-over-year growth of 60.71%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $29.57 billion, up 43.23% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.88 per share and revenue of $142.52 billion, which would represent changes of +16.05% and +30.58%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for JD. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for 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. The Zacks Consensus EPS estimate remained stagnant within the past month. JD is holding a Zacks Rank of #5 (Strong Sell) right now.
In terms of valuation, JD is currently trading at a Forward P/E ratio of 41.92. This represents a discount compared to its industry's average Forward P/E of 62.57.
We can also see that JD currently has a PEG ratio of 0.92. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 2.41 as of yesterday's close.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 211, putting it in the bottom 17% 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.
To follow JD in the coming trading sessions, be sure to utilize Zacks.com.