JD.com (JD) to Release Earnings on Thursday

JD.com (NASDAQ:JD - Get Free Report) will 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. Parties interested in listening to the company's conference call can do so using this link.

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

JD stock traded up $2.56 during midday trading on Thursday, hitting $41.23. 16,495,790 shares of the stock traded hands, compared to its average volume of 14,902,748. JD.com has a 1-year low of $20.82 and a 1-year high of $47.82. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.15 and a quick ratio of 0.90. The stock's fifty day simple moving average is $35.90 and its 200-day simple moving average is $31.13. The firm has a market cap of $65.02 billion, a P/E ratio of 14.98, a PEG ratio of 0.45 and a beta of 0.41.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on JD shares. Barclays increased their target price on shares of JD.com from $40.00 to $50.00 and gave the company an "overweight" rating in a research report on Wednesday, October 16th. StockNews.com upgraded shares of JD.com from a "buy" rating to a "strong-buy" rating in a report on Tuesday. Susquehanna restated a "neutral" rating and set a $28.00 target price on shares of JD.com in a report on Monday, August 19th. Sanford C. Bernstein cut their price target on JD.com from $35.00 to $32.00 and set a "market perform" rating for the company in a report on Friday, August 16th. Finally, Benchmark reiterated a "buy" rating and set a $47.00 price objective on shares of JD.com in a research report on Tuesday, October 15th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $39.71.

About JD.com

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.