JD.com, Inc. (JD - Free Report) closed the most recent trading day at $20.97, moving -1.92% from the previous trading session. This change lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq lost 0.25%.
Heading into today, shares of the company had lost 9.1% over the past month, lagging the Retail-Wholesale sector's gain of 4.4% and the S&P 500's gain of 3.57% in that time.
JD will be looking to display strength as it nears its next earnings release, which is expected to be March 1, 2019. On that day, JD is projected to report earnings of -$0.04 per share, which would represent a year-over-year decline of 180%. Meanwhile, our latest consensus estimate is calling for revenue of $19.20 billion, up 13.39% from the prior-year quarter.
JD's full-year Zacks Consensus Estimates are calling for earnings of $0.21 per share and revenue of $67.33 billion. These results would represent year-over-year changes of -59.62% and +23.9%, respectively.
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. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an 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. Over the past month, the Zacks Consensus EPS estimate has moved 85.71% lower. JD currently has a Zacks Rank of #3 (Hold).
Investors should also note JD's current valuation metrics, including its Forward P/E ratio of 100.22. For comparison, its industry has an average Forward P/E of 27.76, which means JD is trading at a premium to the group.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 38% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.