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JD.com, Inc. (JD) Exceeds Market Returns: Some Facts to Consider
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JD.com, Inc. (JD - Free Report) ended the recent trading session at $27.40, demonstrating a +2.7% change from the preceding day's closing price. This change outpaced the S&P 500's 0.33% gain on the day. At the same time, the Dow added 1.08%, and the tech-heavy Nasdaq gained 0.08%.
Prior to today's trading, shares of the company had lost 0.82% lagged the Retail-Wholesale sector's gain of 0.37% and the S&P 500's gain of 1.41%.
The upcoming earnings release of JD.com, Inc. will be of great interest to investors. It is anticipated that the company will report an EPS of $1.05, marking a 101.92% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $46.42 billion, showing a 10.49% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.33 per share and revenue of $202.23 billion, indicating changes of +30.59% and +10.11%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for JD.com, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.25% fall in the Zacks Consensus EPS estimate. Right now, JD.com, Inc. possesses a Zacks Rank of #3 (Hold).
Looking at valuation, JD.com, Inc. is presently trading at a Forward P/E ratio of 8.02. This indicates a discount in contrast to its industry's Forward P/E of 15.33.
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 166, positioning it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
View the Zacks #1 Rank List
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JD.com, Inc. (JD) Exceeds Market Returns: Some Facts to Consider
JD.com, Inc. (JD - Free Report) ended the recent trading session at $27.40, demonstrating a +2.7% change from the preceding day's closing price. This change outpaced the S&P 500's 0.33% gain on the day. At the same time, the Dow added 1.08%, and the tech-heavy Nasdaq gained 0.08%.
Prior to today's trading, shares of the company had lost 0.82% lagged the Retail-Wholesale sector's gain of 0.37% and the S&P 500's gain of 1.41%.
The upcoming earnings release of JD.com, Inc. will be of great interest to investors. It is anticipated that the company will report an EPS of $1.05, marking a 101.92% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $46.42 billion, showing a 10.49% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.33 per share and revenue of $202.23 billion, indicating changes of +30.59% and +10.11%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for JD.com, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.25% fall in the Zacks Consensus EPS estimate. Right now, JD.com, Inc. possesses a Zacks Rank of #3 (Hold).
Looking at valuation, JD.com, Inc. is presently trading at a Forward P/E ratio of 8.02. This indicates a discount in contrast to its industry's Forward P/E of 15.33.
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 166, positioning it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.