Earnings Report: Here’s what to expect from JD.Com (NASDAQ:JD)

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Earnings results for JD.Com (NASDAQ:JD)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.28 and remained the same over the past month at 0.28. Of the 1 analysts making quarterly forecasts, 1raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 0.86 and remained the same over the past month at 0.86 . Of the 1 analysts making yearly forecasts, 1raised and none lowered their forecast.

JD.Com last issued its earnings data on May 15th, 2020. The information services provider reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.34. The business earned $20.65 billion during the quarter, compared to analysts’ expectations of $19.17 billion. JD.Com has generated $0.68 earnings per share over the last year and currently has a price-to-earnings ratio of 110.8. JD.Com has confirmed that its next quarterly earnings report will be published on Monday, August 17th, 2020.

Analyst Opinion on JD.Com (NASDAQ:JD)

21 Wall Street analysts have issued ratings and price targets for JD.Com in the last 12 months. Their average twelve-month price target is $55.80, suggesting that the stock has a possible downside of 10.09%. The high price target for JD is $75.00 and the low price target for JD is $36.00. There are currently 4 hold ratings and 17 buy ratings for the stock, resulting in a consensus rating of “Buy.”

JD.Com has received a consensus rating of Buy. The company’s average rating score is 2.81, and is based on 17 buy ratings, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $55.80, JD.Com has a potential downside of 10.1% from its current price of $62.06. JD.Com has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: JD.Com (NASDAQ:JD)

JD.Com does not currently pay a dividend. JD.Com does not have a long track record of dividend growth.

Insiders buying/selling: JD.Com (NASDAQ:JD)

In the past three months, JD.Com insiders have not sold or bought any company stock. Only 16.60% of the stock of JD.Com is held by insiders. 42.17% of the stock of JD.Com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of JD.Com (NASDAQ:JD

Earnings for JD.Com are expected to grow by 74.42% in the coming year, from $0.86 to $1.50 per share. The P/E ratio of JD.Com is 110.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.42. The P/E ratio of JD.Com is 110.82, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.28. JD.Com has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued. JD.Com has a P/B Ratio of 7.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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