JD.com, Inc. (JD - Free Report) closed the most recent trading day at $26.95, moving -0.99% from the previous trading session. This move lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.26%.
Heading into today, shares of the company had lost 24.35% over the past month, lagging the Retail-Wholesale sector's gain of 2.91% and the S&P 500's gain of 1.28% in that time.
Investors will be hoping for strength from JD as it approaches its next earnings release, which is expected to be November 12, 2018. On that day, JD is projected to report earnings of $0.16 per share, which would represent a year-over-year decline of 30.43%. Meanwhile, our latest consensus estimate is calling for revenue of $15.71 billion, up 24.77% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.37 per share and revenue of $68.56 billion. These totals would mark changes of -28.85% and +26.17%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for JD. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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. Within the past 30 days, our consensus EPS projection has moved 31.82% higher. JD is currently sporting a Zacks Rank of #2 (Buy).
Digging into valuation, JD currently has a Forward P/E ratio of 73.65. This valuation marks a premium compared to its industry's average Forward P/E of 29.4.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 216, which puts it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.