The stock of JD.com Inc. (NASDAQ:JD) increased by $0.3 on Monday to finish at $36.76, up 0.82 percent. The last five days have seen an average of 9,010,660 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$19.37. The average number of shares traded over the last 20 days was 10,399,350, while the average volume over the last 50 days totaled 10,280,956.
JD stock dropped -3.62% since last month. On 07/18/23, the company’s shares reached a one-month low of $35.47. The stock touched a high of $67.87 on 01/04/23, after rallying from a low of $31.57 in 52 weeks. The price of JD stock has declined by -34.51% or -$19.37 this year, reaching a new high 2 times. Still, the stock price is down -45.84% from the 52-week high.
Valuation Metrics
JD.com Inc. (JD) has a trailing price-to-earnings (P/E) ratio of 21.48. Beta for the stock is 0.53. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.42, the price-to-book (PB) ratio of 1.97, and the price-to-cash flow ratio of 11.11.
Company paid $0.62 per share in dividends, a decrease of -50.79% from $1.26 last year. A $0.64 dividend decrease was reported on Thursday March 9 2023.
Financial Health
For the three months ended March 30, JD.com Inc.’s quick ratio was 1.10, while its current ratio was 1.40, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.14, and the total debt to equity ratio is 0.21. As far as profitability goes, gross margin for the trailing twelve months is 14.30% percent. JD.com Inc.’s EBITDA margin for the year ended March 30 was 2.42%, whereas its operating margin stood at 2.30% for the same period. Based on annual data, it had gross profit of $21.32 billion and revenue of $151.69 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. JD’s return on assets (ROA) during the last 12 months has been 3.40%. There was a 3.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 9.40%.
Earnings Surprise
According to JD.com Inc.’s quarterly financial report for the quarter that ended March 30, it had $2.9 billion in total debt versus $20.46 billion in cash and short-term investments. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $151.69 billion, while revenues rose by 1.56% to $0.0. It was predicted that JD.com Inc.’s quarterly earnings would be $0.66, but it ended up being $0.49, beating the consensus by 34.70%. EBITDA was $936.0 million for the quarter. At the end of JD.com Inc.’s most recent quarter ended March 30, its liabilities totaled 40.42 billion, while its total debt was $66.07 billion.
Technical Picture
Here’s a quick look at JD.com Inc.’s (JD) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 41.35%, suggesting the stock is Neutral, with a 42.43% historical volatility rate.
The stochastic %K and %D were 20.71% and 24.99% respectively, while the average true range (ATR) was 1.54. Based on the 14-day stochastic reading of 14.49%, the RSI (14) reading is 45.47%. On the 9-day MACD Oscillator, the stock is at -0.90, and the 14-day reading is at -1.49.
Analyst Ratings
JD.com Inc. (NASDAQ: JD) was downgraded by UBS to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned JD.com Inc. (JD) an Overweight rating. JD is a stock that is recommended for selling by 1 brokerage firm, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 7 rates it overweight and 31 others recommend it as a buy.
What is JD’s price target for the next 12 months?
The current consensus forecast for the stock is between $231.00 and $697.41, with a median target price of $402.63. In analyzing these forecasts, the average price target given by analysts for JD.com Inc. (JD) is $406.39.
