JD.com Inc. (JD) Stock: Should Investors Follow These Insider Trades?

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SNOW Stock
SNOW Stock

JD.com Inc. (NASDAQ:JD) saw an upside of 2.62% to close Monday at $56.82 after adding $1.45 on the day. The 5-day average trading volume is 6,236,040 shares of the company’s common stock. It has gained $59.26 in the past week and touched a new high 1 time within the past 5 days. An average of 7,628,345 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,738,472.

JD’s 1-month performance is 2.95% or $2.12 on its low of $53.05 reached on 08/23/22. The company’s shares have touched a 52-week low of $40.54 and high of $90.41, with the stock’s rally to the 52-week high happening on 01/20/22. YTD, JD has lost -16.86% or -$13.25 and has reached a new high 6 times. However, the current price is down -37.15% from the 52-week high price.


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Valuation Metrics

JD stock has a beta of 0.36. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.65 while the price-to-book (PB) in the most recent quarter is 3.08, with the price to cash flow ratio at 12.82.

JD.com Inc.’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.30. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.12, while the total debt to equity was 0.19. In terms of profitability, the gross margin trailing 12 months is 13.70%. The trailing 12-month EBITDA margin is 1.04% while for the period ending June 29, JD.com Inc.’s operating margin was 0.50%. The firm’s gross profit as reported stood at $20.25 billion against revenue of $149.33 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, JD.com Inc.’s cash and short-term investments amounted to $17.98 billion against total debt of $59.08 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 413.08% to -$559.0 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected JD to announce $0.39 per share in earnings in its latest quarter, but it posted $0.59, representing a 51.30% surprise. EBITDA for the quarter stood at more than $561.0 million. JD stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 45.12 billion, with total debt at $59.08 billion.

Let’s look briefly at JD.com Inc. (JD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 19 September was 40.74% to suggest the stock is trending Neutral, with historical volatility in this time period at 47.51%.

The stock’s 5-day moving average is $56.93, reflecting a -8.04% or -$4.97 change from its current price. JD is currently trading +3.88% above its 20-day SMA, +6.78% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -8.37% and SMA200 by-33.29%.

Stochastic %K and %D was 11.03% and 10.03% and the average true range (ATR) pointed at 2.31. The RSI (14) points at 43.29%, while the 14-day stochastic is at 18.15% with the period’s ATR at 2.46. The stock’s 9-day MACD Oscillator is pointing at -1.90 and -3.06 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for JD.com Inc. (NASDAQ: JD), JP Morgan upgraded it to a Neutral rating. They previously had an Underweight rating on the stock. Analysts offering their rating for JD stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate JD as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 7 rates the stock as overweight while 39 have offered a “buy” rating.

What is JD’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $428.93 and a high of $798.90, with their median price target at $556.99. Looking at these predictions, the average price target given by analysts is for JD.com Inc. (JD) stock is $570.60.

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