JD.com Inc. (JD) turns bearish with loss of -1.34 points

JD.com Inc. (NASDAQ: JD) is 0.32% higher on its value in year-to-date trading and has touched a low of $32.70 and a high of $96.20 in the current 52-week trading range. The JD stock was last observed hovering at around $88.18 in the last trading session, with the day’s loss setting it -1.34% off its average median price target of $663.32 for the next 12 months. It is also 89.0% off the consensus price target high of $789.24 offered by 42 analysts, but current levels are 85.29% higher than the price target low of $590.22 for the same period.

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Currently trading at $86.84, the stock is 3.25% and 2.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.97 million and changing -1.52% at the moment leaves the stock 28.68% off its SMA200. JD registered 130.11% gain for a year compared to 6-month gain of 34.87%. The firm has a 50-day simple moving average (SMA 50) of $85.07 and a 200-day simple moving average (SMA200) of $75.95.

The stock witnessed a 3.51% loss in the last 1 month and extending the period to 3 months gives it a 14.98%, and is 2.37% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.14% over the week and 3.42% over the month.

JD.com Inc. (JD) has around 227730 employees, a market worth around $136.79B and $106.15B in sales. Current P/E ratio is 31.33 and Fwd P/E is 37.86. Profit margin for the company is 4.10%. Distance from 52-week low is 165.57% and -9.73% from its 52-week high. The company has generated returns on investments over the last 12 months (7.00%).

JD.com Inc. (JD) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for JD.com Inc. (JD) is a “Buy”. 42 analysts offering their recommendations for the stock have an average rating of 1.70, where 3 rate it as a Hold and 3 think it is a “Overweight”. 35 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

JD.com Inc. is expected to release its quarterly report on 05/07/2021 and quarterly earnings per share for the current quarter are estimated at $0.24 with sales reaching $33.89B over the same period.The EPS is expected to grow by 574.30% this year, but quarterly earnings will post 39.10% year-over-year. Quarterly sales are estimated to grow 38.90% in year-over-year returns.

JD.com Inc. (JD) Top Institutional Holders

1,131 institutions hold shares in JD.com Inc. (JD), with 109.64M shares held by insiders accounting for 7.07% while institutional investors hold 51.29% of the company’s shares. The shares outstanding are 1.55B, and float is at 1.33B with Short Float at 2.77%. Institutions hold 47.66% of the Float.

The top institutional shareholder in the company is Tiger Global Management, LLC with over 51.65 million shares valued at $4.01 billion. The investor’s holdings represent 4.29% of the JD Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 41.38 million shares valued at $3.21 billion to account for 3.44% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 30.6 million shares representing 2.54% and valued at over $2.38 billion, while Invesco Ltd. holds 2.48% of the shares totaling 29.8 million with a market value of $2.31 billion.

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JD.com Inc. (JD): Who are the competitors?

The company’s main competitors (and peers) include LightInTheBox Holding Co. Ltd. (LITB) that is trading 129.13% up over the past 12 months. Leju Holdings Limited (LEJU) is 2.58% up on the 1-year trading charts. Short interest in the company’s stock has fallen -0.24% from the last report on Nov 12, 2020 to stand at a total of 36.98 million short shares sold with a short interest ratio of 2.94.

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