JD.com, Inc. (JD - Free Report) closed at $25.43 in the latest trading session, marking a +0.97% move from the prior day. This change outpaced the S&P 500's 0.28% gain on the day. At the same time, the Dow added 0.21%, and the tech-heavy Nasdaq gained 0.65%.
Coming into today, shares of the company had lost 21.13% in the past month. In that same time, the Retail-Wholesale sector gained 1.13%, while the S&P 500 gained 0.86%.
JD will be looking to display strength as it nears its next earnings release, which is expected to be November 12, 2018. The company is expected to report EPS of $0.16, down 30.43% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $15.75 billion, up 25.12% from the year-ago period.
JD's full-year Zacks Consensus Estimates are calling for earnings of $0.37 per share and revenue of $68.34 billion. These results would represent year-over-year changes of -28.85% and +25.75%, respectively.
Investors should also note any recent changes to analyst estimates for JD. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. JD is currently a Zacks Rank #2 (Buy).
Investors should also note JD's current valuation metrics, including its Forward P/E ratio of 68.11. This valuation marks a premium compared to its industry's average Forward P/E of 29.22.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 217, which puts it in the bottom 15% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.