What Do Analysts Think Will Happen To JD.com Inc ADR (NASDAQ: JD)

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The trading price of JD.com Inc ADR (NASDAQ:JD) floating lower at last check on current market day and closing at $25.41, -5.29% lower than its previous close.

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $25.25 and $26.03. The company’s P/E ratio in the trailing 12-month period was 9.24, while its 5Y monthly beta was 0.391. In examining the 52-week price action we see that the stock hit a 52-week high of $35.69 and a 52-week low of $20.82. Over the past month, the stock has lost -4.33% in value.

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JD.com Inc ADR, whose market valuation is $34.69 billion at the time of this writing, is expected to release its quarterly earnings report on 2024-Nov-13. The dividend yield on the company stock is 2.99%, while its Forward Dividend ratio is 0.76. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 1.04 per share this quarter, however they have predicted annual earnings per share of 3.96 for current year and 4.18 for next year.

Analysts have forecast the company to bring in revenue of 36.46B for the current quarter, with the likely lows of 35.75B and highs of 37.25B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 159.19B.

On the technical side, indicators suggest JD has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned JD a recommendation rating is 14. Out of them, 2 rate it a Hold, while 12 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged JD.com Inc ADR (JD) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.39, which symbolizes a positive outlook. A quick review shows that JD’s price is currently -4.11% off the SMA20 and -5.62% off the SMA50. The RSI metric on the 14-day chart is currently showing 41.77, and weekly volatility stands at 3.17%. When measured over the past 30 days, the indicator reaches 2.72%. JD.com Inc ADR (NASDAQ:JD)’s beta value is currently sitting at 0.39, while the Average True Range indicator is currently displaying 1.06. With analysts defining $25-$123 as the low and high price targets, we arrive at a consensus price target of $41 for the trailing 12-month period. The current price is about 1.61% off the estimated low and -384.06% off the forecast high, based on this estimate. Investors will be thrilled if JD’s share price rises to $41, which is the median consensus price. At that level, JD’s share price would be -61.35% below current price.

To see how JD.com Inc ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: JD stock’s performance was -5.29% at last check in today’s session, and -23.05% in the past year. JD.com Inc ADR has a P/E ratio of 9.24.

An evaluation of the daily trading volume of JD.com Inc ADR (NASDAQ:JD) indicates that the 3-month average is 11.69 million. However, this figure has increased over the past 10 days to an average of 24.01.

Currently, records show that 1.41 billion of the company’s shares remain outstanding. The insiders hold 0.19% of outstanding shares, whereasinstitutions hold 17.35%. The stats also highlight that short interest as of 2024-07-31, stood at 28.94 million shares, resulting in a short ratio of 3.5 at that time. From this, we can conclude that short interest is 239.00 of the company’s total outstanding shares. It is noteworthy that short shares in July were down slightly from the previous month’s figure, which was 38.2 million. However, since the stock’s price has seen -12.05% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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