JD.Com (JD) Stock Rating Upgraded by TheStreet

TheStreet upgraded shares of JD.Com (NASDAQ:JD) from a d+ rating to a c rating in a research note released on Friday morning, TheStreetRatingsTable reports.

Several other research analysts have also recently commented on JD. UBS Group cut shares of JD.Com from a buy rating to a neutral rating in a report on Thursday, January 31st. ValuEngine raised shares of JD.Com from a sell rating to a hold rating in a research note on Monday, February 4th. Sanford C. Bernstein reissued a mkt perform rating on shares of JD.Com in a research note on Monday, January 14th. CLSA raised shares of JD.Com from an underperform rating to an outperform rating and lifted their price objective for the company from $24.00 to $31.00 in a research note on Friday, March 1st. Finally, Macquarie set a $22.00 price objective on shares of JD.Com and gave the company a hold rating in a research note on Friday, January 25th. Thirteen investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. JD.Com currently has a consensus rating of Hold and a consensus price target of $31.90.

JD.Com stock opened at $28.18 on Friday. The stock has a market capitalization of $33.12 billion, a price-to-earnings ratio of -939.33 and a beta of 1.30. The company has a current ratio of 0.87, a quick ratio of 0.50 and a debt-to-equity ratio of 0.16. JD.Com has a twelve month low of $19.21 and a twelve month high of $45.23.

JD.Com (NASDAQ:JD) last released its quarterly earnings results on Thursday, February 28th. The information services provider reported ($0.03) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.08. The firm had revenue of $19.61 billion for the quarter, compared to analysts’ expectations of $19.34 billion. JD.Com had a negative net margin of 0.51% and a negative return on equity of 1.26%. As a group, equities analysts forecast that JD.Com will post 0.36 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of JD. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in JD.Com in the first quarter valued at $51,000. Advisory Services Network LLC increased its stake in JD.Com by 2,305.1% in the fourth quarter. Advisory Services Network LLC now owns 1,900 shares of the information services provider’s stock valued at $40,000 after purchasing an additional 1,821 shares in the last quarter. Doyle Wealth Management bought a new stake in JD.Com in the fourth quarter valued at $42,000. Synovus Financial Corp increased its stake in JD.Com by 50.5% in the first quarter. Synovus Financial Corp now owns 2,146 shares of the information services provider’s stock valued at $64,000 after purchasing an additional 720 shares in the last quarter. Finally, AlphaMark Advisors LLC bought a new stake in JD.Com in the fourth quarter valued at $47,000. Institutional investors own 47.91% of the company’s stock.

JD.Com Company Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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Analyst Recommendations for JD.Com (NASDAQ:JD)

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