JD.com, Inc. (NASDAQ:JD) traded at $82.57 at last check on Tuesday, Oct 20, making an upward move of 2.43% on its previous day’s price.
Looking at the stock we see that its previous close was $80.61 and the beta (5Y monthly) reads 0.99 with the day’s price range being $81.00 – 83.00. The company has a 12-month trailing PE ratio of 38.62. In terms of its 52-week price range, JD has a high of $86.58 and a low of $30.12. The company’s stock has gained about 8.2% over that past 30 days.
JD.com, has a market cap of $124.35 Billion and is expected to release its quarterly earnings report on Aug 11, 2020- Aug 17, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the JD stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.4, with the EPS growth for the year raised at $1.56 for 2020 and $2.23 for next year. These figures represent 0.51% and at 0.43% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $25.37 Billion, with a low of $24.64 Billion and a high of $26.11 Billion. The median projection represents growth adding up to 31.7% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $109.34 Billion, or +32.6% up from figures reported last year.
There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the JD stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 46 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the JD.com, Inc. (JD) stock as a Hold, while 38 rate it as a Buy. 2 analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Let’s briefly compare JD.com, (JD) stock to its peers. We find that today’s price change of +2.43% and +169.33% over the past 12 months for JD betters that of Amazon.com Inc (AMZN), which has seen its stock price fall -0.14% in the latest trading session and is +82.49% over the last one year. Another of its peers Alibaba Group Holding (BABA) has climbed 1.23% today, and is +80.51% up over the past year, while Pinduoduo Inc ADR (PDD) is also up 2.43% yet its price remains in the green at 169.33% over the same period. Amazon.com has a P/E ratio of 123.28 compared to JD.com,’s 38.62 and Alibaba’s 31.29. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.63% and 0.63%, respectively, in early deals.
Coming back to JD.com, Inc. (NASDAQ:JD), we note that the average 3-month trading volume was 11.7 Million, while that of the preceding 10-day period stands at 11.87 Million. Current shares outstanding are 1.56 Billion.
According to data from Thomson Reuters, insiders hold 7.6% of the company’s shares while institutions hold 50.21%. The data shows that short shares as of September 29, 2020, stood at 39.16 Million at a short ratio of 3.54. This represents a 2.52% Short interest in Shares outstanding on September 29, 2020. Shares short dropped in September from the previous month at 41.53 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +128.81% up in year-to-date price movement.