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JD.com, Inc. (JD) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $29.88, marking a -2.77% move from the previous day. This move lagged the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw a downswing of 0.8%, while the tech-heavy Nasdaq depreciated by 0.1%.
Shares of the company witnessed a gain of 6.52% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.42%, and the S&P 500's gain of 2.26%.
The investment community will be closely monitoring the performance of JD.com, Inc. in its forthcoming earnings report. On that day, JD.com, Inc. is projected to report earnings of $0.28 per share, which would represent a year-over-year decline of 72.55%. At the same time, our most recent consensus estimate is projecting a revenue of $50.71 billion, reflecting a 6.68% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.66 per share and revenue of $186.35 billion, which would represent changes of -37.56% and 0%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for JD.com, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate has moved 5.77% lower within the past month. JD.com, Inc. is currently sporting a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, JD.com, Inc. is currently exchanging hands at a Forward P/E ratio of 9.31. Its industry sports an average Forward P/E of 18.02, so one might conclude that JD.com, Inc. is trading at a discount comparatively.
It's also important to note that JD currently trades at a PEG ratio of 4.98. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.15 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 171, this industry ranks in the bottom 31% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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JD.com, Inc. (JD) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $29.88, marking a -2.77% move from the previous day. This move lagged the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw a downswing of 0.8%, while the tech-heavy Nasdaq depreciated by 0.1%.
Shares of the company witnessed a gain of 6.52% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.42%, and the S&P 500's gain of 2.26%.
The investment community will be closely monitoring the performance of JD.com, Inc. in its forthcoming earnings report. On that day, JD.com, Inc. is projected to report earnings of $0.28 per share, which would represent a year-over-year decline of 72.55%. At the same time, our most recent consensus estimate is projecting a revenue of $50.71 billion, reflecting a 6.68% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.66 per share and revenue of $186.35 billion, which would represent changes of -37.56% and 0%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for JD.com, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate has moved 5.77% lower within the past month. JD.com, Inc. is currently sporting a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, JD.com, Inc. is currently exchanging hands at a Forward P/E ratio of 9.31. Its industry sports an average Forward P/E of 18.02, so one might conclude that JD.com, Inc. is trading at a discount comparatively.
It's also important to note that JD currently trades at a PEG ratio of 4.98. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.15 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 171, this industry ranks in the bottom 31% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.