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JD.com, Inc. (JD) Rises Higher Than Market: Key Facts
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JD.com, Inc. (JD - Free Report) closed at $30.95 in the latest trading session, marking a +2.52% move from the prior day. This change outpaced the S&P 500's 0.02% gain on the day. Elsewhere, the Dow saw an upswing of 0.51%, while the tech-heavy Nasdaq depreciated by 0.18%.
Prior to today's trading, shares of the company had gained 18.91% outpaced the Retail-Wholesale sector's loss of 1.33% and the S&P 500's gain of 0.77%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. The company is expected to report EPS of $0.86, up 24.64% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $51.55 billion, reflecting a 3.53% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.14 per share and revenue of $203.97 billion, indicating changes of +23.14% and +11.06%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for JD.com, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 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 2.71% higher within the past month. JD.com, Inc. presently features a Zacks Rank of #3 (Hold).
Digging into valuation, JD.com, Inc. currently has a Forward P/E ratio of 9.6. Its industry sports an average Forward P/E of 16.29, so one might conclude that JD.com, Inc. is trading at a discount comparatively.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 155, putting it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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JD.com, Inc. (JD) Rises Higher Than Market: Key Facts
JD.com, Inc. (JD - Free Report) closed at $30.95 in the latest trading session, marking a +2.52% move from the prior day. This change outpaced the S&P 500's 0.02% gain on the day. Elsewhere, the Dow saw an upswing of 0.51%, while the tech-heavy Nasdaq depreciated by 0.18%.
Prior to today's trading, shares of the company had gained 18.91% outpaced the Retail-Wholesale sector's loss of 1.33% and the S&P 500's gain of 0.77%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. The company is expected to report EPS of $0.86, up 24.64% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $51.55 billion, reflecting a 3.53% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.14 per share and revenue of $203.97 billion, indicating changes of +23.14% and +11.06%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for JD.com, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 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 2.71% higher within the past month. JD.com, Inc. presently features a Zacks Rank of #3 (Hold).
Digging into valuation, JD.com, Inc. currently has a Forward P/E ratio of 9.6. Its industry sports an average Forward P/E of 16.29, so one might conclude that JD.com, Inc. is trading at a discount comparatively.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 155, putting it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.