JD.com (JD) to Release Earnings on Thursday

JD.com (NASDAQ:JD - Get Free Report) is expected to be posting its Q4 2024 quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect JD.com to post earnings of $0.90 per share and revenue of $332.70 billion for the quarter. Parties interested in listening to the company's conference call can do so using this link.

JD.com Stock Performance

Shares of JD.com stock traded down $1.76 during trading hours on Friday, hitting $42.16. 11,762,488 shares of the company's stock traded hands, compared to its average volume of 13,319,638. JD.com has a 12-month low of $23.78 and a 12-month high of $47.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The company has a fifty day simple moving average of $38.84 and a 200-day simple moving average of $36.63. The stock has a market capitalization of $66.49 billion, a price-to-earnings ratio of 13.32, a PEG ratio of 0.31 and a beta of 0.43.

Institutional Trading of JD.com

An institutional investor recently bought a new position in JD.com stock. Brighton Jones LLC purchased a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,789 shares of the information services provider's stock, valued at approximately $270,000. Institutional investors own 15.98% of the company's stock.

Analyst Ratings Changes

JD has been the topic of several recent research reports. Benchmark upped their price target on JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a research note on Friday. StockNews.com downgraded shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Barclays boosted their target price on JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. JPMorgan Chase & Co. raised their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday. Finally, Citigroup cut their target price on shares of JD.com from $52.00 to $51.00 and set a "buy" rating on the stock in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $43.57.

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.