We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
JD.com, Inc. (JD) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
JD.com, Inc. (JD - Free Report) ended the recent trading session at $33.93, demonstrating a -3.33% change from the preceding day's closing price. This change lagged the S&P 500's 0.44% gain on the day. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 0.7%.
Heading into today, shares of the company had gained 10.1% over the past month, outpacing the Retail-Wholesale sector's gain of 2.16% and the S&P 500's gain of 4.03%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. In that report, analysts expect JD.com, Inc. to post earnings of $0.44 per share. This would mark a year-over-year decline of 64.52%. Our most recent consensus estimate is calling for quarterly revenue of $41.21 billion, up 11.06% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.68 per share and revenue of $183.33 billion, which would represent changes of -37.09% and +14.04%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for JD.com, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, JD.com, Inc. boasts a Zacks Rank of #3 (Hold).
Investors should also note JD.com, Inc.'s current valuation metrics, including its Forward P/E ratio of 13.11. This valuation marks a discount compared to its industry average Forward P/E of 21.17.
Investors should also note that JD has a PEG ratio of 3.37 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Commerce was holding an average PEG ratio of 1.55 at yesterday's closing price.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 85, placing it within the top 35% of over 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
JD.com, Inc. (JD) Stock Slides as Market Rises: Facts to Know Before You Trade
JD.com, Inc. (JD - Free Report) ended the recent trading session at $33.93, demonstrating a -3.33% change from the preceding day's closing price. This change lagged the S&P 500's 0.44% gain on the day. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 0.7%.
Heading into today, shares of the company had gained 10.1% over the past month, outpacing the Retail-Wholesale sector's gain of 2.16% and the S&P 500's gain of 4.03%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. In that report, analysts expect JD.com, Inc. to post earnings of $0.44 per share. This would mark a year-over-year decline of 64.52%. Our most recent consensus estimate is calling for quarterly revenue of $41.21 billion, up 11.06% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.68 per share and revenue of $183.33 billion, which would represent changes of -37.09% and +14.04%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for JD.com, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, JD.com, Inc. boasts a Zacks Rank of #3 (Hold).
Investors should also note JD.com, Inc.'s current valuation metrics, including its Forward P/E ratio of 13.11. This valuation marks a discount compared to its industry average Forward P/E of 21.17.
Investors should also note that JD has a PEG ratio of 3.37 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Commerce was holding an average PEG ratio of 1.55 at yesterday's closing price.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 85, placing it within the top 35% of over 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.