As of Thursday close, JD.com Inc.’s (NASDAQ:JD) stock was down -$0.76, moving down -2.24 percent to $33.21. The average number of shares traded per day over the past five days has been 9,717,061 shares. 3 times new highs have been achieved over the past 5 days, with a $0.19 gain in that time frame. In the last twenty days, the average volume was 9,999,825, while in the previous 50 days, it was 10,185,364.
Since last month, JD stock retreated -13.18%. Shares of the company fell to $32.33 on 08/25/23, the lowest level in the past month. A 52-week high of $67.10 was reached on 01/04/23 after having rallying from a 52-week low of $31.57. Since the beginning of this year, JD’s stock price has dropped by -40.83% or -$22.92, and marked a new high 2 times. However, the stock has declined by -50.50% since its 52-week high.
Valuation Metrics
Right now, JD.com Inc. (JD) has a P/E ratio of about 17.58. The stock’s beta is 0.53. Besides these, the trailing price-to-sales (P/S) ratio of 0.37, the price-to-book (PB) ratio of 1.71, and the price-to-cash flow ratio of 7.54 may also be considered.
The latest dividend of $0.62 per share was paid out, which is -50.79% less than last year’s $1.26. On Thursday March 9 2023, a $0.64 dividend decrease was announced.
Financial Health
In the three months ended June 29, JD.com Inc.’s quick ratio stood at 1.10, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.14, and the total debt-to-equity ratio was 0.23. On the profitability front, the trailing twelve-month gross margin is 14.50% percent. In the year ended June 29, EBITDA margin amounted to 2.42%, whereas operating margins totaled 2.60%. Based on annual data, JD earned $21.32 billion in gross profit and brought in $151.69 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.90%. Return on equity (ROE) for the past 12 months was 10.20%.
In JD.com Inc.’s quarter-end financial report for June 29, it reported total debt of $2.9 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. JD’s revenue rose 1.56% during the quarter, while net income inched up to $151.69 billion. While analysts expected JD.com Inc. to report $0.66 quarterly earnings, the actual figure was $0.74 per share, beating the consensus estimate by 12.10%. During the quarter, the company generated $1.14 billion in EBITDA. The liabilities of JD.com Inc. were 43.75 billion at the end of its most recent quarter ended June 29, and its total debt was $72.94 billion.
Technical Picture
This quick technical analysis looks at JD.com Inc.’s (JD) price momentum. With a historical volatility rate of 27.15%, the RSI 9-day stood at 36.46% on 31 August.
With respect to its five-day moving average, the current JD.com Inc. price is up by +0.58% percent or $0.19. At present, JD shares trade -16.05% below its 20-day simple moving average and -16.91% percent below its 100-day simple moving average. However, the stock is currently trading approximately -9.24% below its SMA50 and -32.13% below its SMA200.
Stochastic coefficient K was 27.96% and Stochastic coefficient D was 25.59%, while ATR was 1.18. Given the Stochastic reading of 19.11% for the 14-day period, the RSI (14) reading has been calculated as 38.77%. As of today, the MACD Oscillator reading stands at 0.36, while the 14-day reading stands at -0.20.
Analyst Ratings
JD.com Inc. downgraded its rating on JD.com Inc. (NASDAQ: JD) to a Neutral in a note to investors on April 13, 2023. The analysts firm previously had a Buy rating on the stock.JD.com Inc. (JD) has been rated Buy by analysts. According to 1 brokerage firm, JD is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate JD.com Inc. stock as buy, with 32 recommending it as overweight.
With a median target price of $380.09, the current consensus forecast for the stock is $168.31 – $707.42. Based on these forecasts, analysts predict JD.com Inc. (JD) will achieve an average price target of $390.97.
