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JD.com, Inc. (JD) Laps the Stock Market: Here's Why
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In the latest close session, JD.com, Inc. (JD - Free Report) was up +1.05% at $26.92. The stock outpaced the S&P 500's daily gain of 0.17%. At the same time, the Dow lost 0.18%, and the tech-heavy Nasdaq gained 0.4%.
Prior to today's trading, shares of the company had lost 9.42% lagged the Retail-Wholesale sector's loss of 6.48% and the S&P 500's loss of 1.29%.
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 $1.05 per share, which would represent year-over-year growth of 101.92%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $46.07 billion, up 9.66% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.34 per share and a revenue of $202.54 billion, indicating changes of +30.98% and +10.28%, respectively, from the former 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 such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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 past month, the Zacks Consensus EPS estimate has moved 6.71% higher. Right now, JD.com, Inc. possesses a Zacks Rank of #3 (Hold).
With respect to valuation, JD.com, Inc. is currently being traded at a Forward P/E ratio of 7.97. Its industry sports an average Forward P/E of 16.46, 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 industry currently has a Zacks Industry Rank of 168, which puts it in the bottom 32% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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JD.com, Inc. (JD) Laps the Stock Market: Here's Why
In the latest close session, JD.com, Inc. (JD - Free Report) was up +1.05% at $26.92. The stock outpaced the S&P 500's daily gain of 0.17%. At the same time, the Dow lost 0.18%, and the tech-heavy Nasdaq gained 0.4%.
Prior to today's trading, shares of the company had lost 9.42% lagged the Retail-Wholesale sector's loss of 6.48% and the S&P 500's loss of 1.29%.
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 $1.05 per share, which would represent year-over-year growth of 101.92%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $46.07 billion, up 9.66% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.34 per share and a revenue of $202.54 billion, indicating changes of +30.98% and +10.28%, respectively, from the former 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 such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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 past month, the Zacks Consensus EPS estimate has moved 6.71% higher. Right now, JD.com, Inc. possesses a Zacks Rank of #3 (Hold).
With respect to valuation, JD.com, Inc. is currently being traded at a Forward P/E ratio of 7.97. Its industry sports an average Forward P/E of 16.46, 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 industry currently has a Zacks Industry Rank of 168, which puts it in the bottom 32% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.