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JD.com, Inc. (JD) Registers a Bigger Fall Than the Market: Important Facts to Note
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JD.com, Inc. (JD - Free Report) closed the most recent trading day at $32.71, moving -1.62% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.76%.
Coming into today, shares of the company had lost 1.1% in the past month. In that same time, the Retail-Wholesale sector lost 4.08%, while the S&P 500 gained 1.14%.
Investors will be eagerly watching for the performance of JD.com, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.44, signifying a 64.52% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $41.21 billion, up 11.06% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.72 per share and a revenue of $183.33 billion, indicating changes of -36.15% and +14.04%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for JD.com, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.69% lower. JD.com, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, JD.com, Inc. is presently being traded at a Forward P/E ratio of 12.24. This valuation marks a discount compared to its industry average Forward P/E of 21.38.
It is also worth noting that JD currently has a PEG ratio of 3.15. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.45 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. 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.
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JD.com, Inc. (JD) Registers a Bigger Fall Than the Market: Important Facts to Note
JD.com, Inc. (JD - Free Report) closed the most recent trading day at $32.71, moving -1.62% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.76%.
Coming into today, shares of the company had lost 1.1% in the past month. In that same time, the Retail-Wholesale sector lost 4.08%, while the S&P 500 gained 1.14%.
Investors will be eagerly watching for the performance of JD.com, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.44, signifying a 64.52% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $41.21 billion, up 11.06% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.72 per share and a revenue of $183.33 billion, indicating changes of -36.15% and +14.04%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for JD.com, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.69% lower. JD.com, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, JD.com, Inc. is presently being traded at a Forward P/E ratio of 12.24. This valuation marks a discount compared to its industry average Forward P/E of 21.38.
It is also worth noting that JD currently has a PEG ratio of 3.15. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.45 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. 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.