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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) ended the recent trading session at $29.05, demonstrating a +2.07% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 2.51%. Elsewhere, the Dow gained 2.85%, while the tech-heavy Nasdaq added 2.8%.
The company's stock has climbed by 2.63% in the past month, exceeding the Retail-Wholesale sector's loss of 4.13% and the S&P 500's loss of 1.66%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. On that day, JD.com, Inc. is projected to report earnings of $0.34 per share, which would represent a year-over-year decline of 70.69%. In the meantime, our current consensus estimate forecasts the revenue to be $45.52 billion, indicating a 9.72% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.9 per share and revenue of $200.85 billion, indicating changes of +13.73% and +9.36%, respectively, compared to the previous year.
Any recent changes to analyst estimates for JD.com, Inc. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. JD.com, Inc. currently has a Zacks Rank of #3 (Hold).
Digging into valuation, JD.com, Inc. currently has a Forward P/E ratio of 9.83. This expresses a discount compared to the average Forward P/E of 16.17 of its industry.
One should further note that JD currently holds a PEG ratio of 7.18. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Internet - Commerce industry stood at 0.9 at the close of the market yesterday.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 163, placing it within the bottom 34% 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.
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) Gains But Lags Market: What You Should Know
JD.com, Inc. (JD - Free Report) ended the recent trading session at $29.05, demonstrating a +2.07% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 2.51%. Elsewhere, the Dow gained 2.85%, while the tech-heavy Nasdaq added 2.8%.
The company's stock has climbed by 2.63% in the past month, exceeding the Retail-Wholesale sector's loss of 4.13% and the S&P 500's loss of 1.66%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. On that day, JD.com, Inc. is projected to report earnings of $0.34 per share, which would represent a year-over-year decline of 70.69%. In the meantime, our current consensus estimate forecasts the revenue to be $45.52 billion, indicating a 9.72% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.9 per share and revenue of $200.85 billion, indicating changes of +13.73% and +9.36%, respectively, compared to the previous year.
Any recent changes to analyst estimates for JD.com, Inc. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. JD.com, Inc. currently has a Zacks Rank of #3 (Hold).
Digging into valuation, JD.com, Inc. currently has a Forward P/E ratio of 9.83. This expresses a discount compared to the average Forward P/E of 16.17 of its industry.
One should further note that JD currently holds a PEG ratio of 7.18. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Internet - Commerce industry stood at 0.9 at the close of the market yesterday.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 163, placing it within the bottom 34% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.