JD.com (NASDAQ:JD) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS

JD.com (NASDAQ:JD - Get Free Report) issued its earnings results on Thursday. The information services provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.07, Zacks reports. The company had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $332.70 billion. JD.com had a net margin of 3.12% and a return on equity of 14.53%.

JD.com Trading Down 3.9 %

NASDAQ JD traded down $1.65 during trading hours on Monday, hitting $40.64. 16,298,692 shares of the company's stock were exchanged, compared to its average volume of 13,629,044. The business's 50 day moving average is $38.99 and its 200-day moving average is $36.85. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. JD.com has a 12-month low of $24.13 and a 12-month high of $47.82. The firm has a market capitalization of $64.09 billion, a P/E ratio of 12.86, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43.

JD.com Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be given a $0.76 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a dividend yield of 1.7%. This is an increase from JD.com's previous annual dividend of $0.74. JD.com's payout ratio is currently 19.73%.

Wall Street Analyst Weigh In

JD has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday. Sanford C. Bernstein reissued an "outperform" rating on shares of JD.com in a research note on Friday. Barclays lifted their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. UBS Group set a $51.00 price target on shares of JD.com in a research report on Friday. Finally, StockNews.com downgraded JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $44.43.

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Institutional Inflows and Outflows

An institutional investor recently bought a new position in JD.com stock. Brighton Jones LLC bought a new stake in JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,789 shares of the information services provider's stock, valued at approximately $270,000. 15.98% of the stock is currently owned by institutional investors.

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.