JD.com Inc. (NASDAQ: JD) is -6.99% lower on its value in year-to-date trading and has touched a low of $39.26 and a high of $108.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JD stock was last observed hovering at around $82.07 in the last trading session, with the day’s loss setting it -0.31% off its average median price target of $719.48 for the next 12 months. It is also 91.31% off the consensus price target high of $941.38 offered by 45 analysts, but current levels are 86.03% higher than the price target low of $585.42 for the same period.
Currently trading at $81.76, the stock is -6.08% and -11.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.95 million and changing -0.38% at the moment leaves the stock 2.38% off its SMA200. JD registered 103.64% gain for a year compared to 6-month gain of 9.50%. The firm has a 50-day simple moving average (SMA 50) of $92.13 and a 200-day simple moving average (SMA200) of $86.25.
The stock witnessed a -12.90% loss in the last 1 month and extending the period to 3 months gives it a -3.23%, and is -3.78% down 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 4.15% over the week and 3.91% over the month.
JD.com Inc. (JD) has around 227730 employees, a market worth around $123.55B and $113.95B in sales. Current P/E ratio is 17.21 and Fwd P/E is 29.51. Profit margin for the company is 2.90%. Distance from 52-week low is 108.28% and -24.50% 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”. 45 analysts offering their recommendations for the stock have an average rating of 1.70, where 2 rate it as a Hold and 5 think it is a “Overweight”. 38 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 05/10/2021 and quarterly earnings per share for the current quarter are estimated at $0.42 with sales reaching $28.99B over the same period.The EPS is expected to grow by 574.30% this year, but quarterly earnings will post 25.10% year-over-year. Quarterly sales are estimated to grow 38.70% in year-over-year returns.
JD.com Inc. (JD) Top Institutional Holders
1,131 institutions hold shares in JD.com Inc. (JD), with 109.77M 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 930.97M with Short Float at 3.24%. 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 $4.54 billion. The investor’s holdings represent 3.86% of the JD Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 41.78 million shares valued at $3.67 billion to account for 3.12% of the shares outstanding. The other top investors are Invesco Ltd. which holds 30.52 million shares representing 2.28% and valued at over $2.68 billion, while Vanguard Group, Inc. (The) holds 2.28% of the shares totaling 30.51 million with a market value of $2.68 billion.
JD.com Inc. (JD): Who are the competitors?
The company’s main competitors (and peers) include LightInTheBox Holding Co. Ltd. (LITB) that is trading 248.79% up over the past 12 months and Alibaba Group Holding Limited (BABA) that is 22.94% higher over the same period. Leju Holdings Limited (LEJU) is 43.38% up on the 1-year trading charts. Short interest in the company’s stock has risen 5.91% from the last report on Feb 11, 2021 to stand at a total of 28.34 million short shares sold with a short interest ratio of 2.29.