JD.com (NASDAQ:JD) announced its earnings results on Monday. The information services provider reported $3.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $3.06, MarketWatch Earnings reports. JD.com had a return on equity of 9.53% and a net margin of 3.34%.
NASDAQ:JD traded up $1.39 during trading hours on Tuesday, reaching $86.65. The company’s stock had a trading volume of 407,471 shares, compared to its average volume of 14,857,886. The company has a market capitalization of $124.38 billion, a P/E ratio of 43.27, a price-to-earnings-growth ratio of 1.51 and a beta of 0.97. JD.com has a 12 month low of $30.84 and a 12 month high of $92.77. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.88 and a current ratio of 1.20. The stock has a 50 day moving average price of $82.18 and a two-hundred day moving average price of $67.57.
A number of research firms have recently issued reports on JD. Mizuho raised their price target on JD.com from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Macquarie raised JD.com from a “neutral” rating to an “outperform” rating in a report on Monday, August 17th. Bank of America raised JD.com to a “buy” rating and raised their price target for the company from $73.00 to $85.00 in a report on Wednesday, August 19th. Barclays raised their price target on JD.com from $83.00 to $89.00 and gave the company an “overweight” rating in a report on Tuesday, October 20th. Finally, Loop Capital raised their price target on JD.com from $66.00 to $99.00 in a report on Friday, October 9th. Five investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $68.57.
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.
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