JD.com (JD) to Release Earnings on Thursday

JD.com (NASDAQ:JD) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect JD.com to post earnings of $1.04 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

JD.com (NASDAQ:JD) last posted its quarterly earnings data on Thursday, August 15th. The information services provider reported $9.36 earnings per share for the quarter, beating the consensus estimate of $0.79 by $8.57. JD.com had a net margin of 2.80% and a return on equity of 13.51%. The company had revenue of $291.40 billion during the quarter, compared to analyst estimates of $291.01 billion. During the same quarter last year, the firm posted $0.68 EPS. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. On average, analysts expect JD.com to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

JD.com Stock Performance

NASDAQ:JD opened at $39.02 on Tuesday. JD.com has a twelve month low of $20.82 and a twelve month high of $47.82. The company has a current ratio of 1.15, a quick ratio of 0.90 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average of $36.42 and a 200-day moving average of $31.33. The firm has a market cap of $61.54 billion, a price-to-earnings ratio of 13.95, a price-to-earnings-growth ratio of 0.43 and a beta of 0.41.

Analyst Ratings Changes

A number of analysts have commented on JD shares. StockNews.com raised shares of JD.com from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. upped their price objective on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Susquehanna reaffirmed a “neutral” rating and set a $28.00 price objective on shares of JD.com in a research note on Monday, August 19th. Sanford C. Bernstein reduced their price objective on shares of JD.com from $35.00 to $32.00 and set a “market perform” rating for the company in a research note on Friday, August 16th. Finally, Benchmark reaffirmed a “buy” rating and set a $47.00 price objective on shares of JD.com in a research note on Tuesday, October 15th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $39.71.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.