JD.com (NASDAQ:JD) Issues Quarterly Earnings Results

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

JD.com Stock Performance

Shares of JD stock traded down $1.38 on Monday, hitting $40.92. The company's stock had a trading volume of 1,619,033 shares, compared to its average volume of 13,278,338. JD.com has a fifty-two week low of $24.13 and a fifty-two week high of $47.82. The company has a market capitalization of $64.53 billion, a PE ratio of 12.95, a PEG ratio of 0.31 and a beta of 0.43. The stock'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 Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be issued a dividend of $0.76 per share. 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 dividend payout ratio (DPR) is currently 19.73%.

Institutional Investors Weigh In On JD.com

An institutional investor recently bought a new position in JD.com stock. Brighton Jones LLC bought a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Barclays boosted their price target 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. Dbs Bank upgraded JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Sanford C. Bernstein upgraded JD.com from a "market perform" rating to an "outperform" rating and upped their price objective for the stock from $43.00 to $46.00 in a research note on Monday, December 9th. StockNews.com downgraded JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Finally, Citigroup lowered their target price on shares of JD.com from $52.00 to $51.00 and set a "buy" rating on the stock in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, JD.com has an average rating of "Moderate Buy" and an average target price of $43.92.

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.