In the last trading session, 8,816,946 shares of the JD.com, Inc. (NASDAQ:JD) were traded, and its beta was 0.81. Most recently the company’s share price was $83.51, and it changed around $1.02 or 0.01% from the last close, which brings the market valuation of the company to $136.13 Billion. JD currently trades at a discount to its 52-week high of $108.29, offering almost -29.67% off that amount. The share price’s 52-week low was $40.58, which indicates that the current value has risen by an impressive 51.41% since then. We note from JD.com, Inc.’s average daily trading volume that its 10-day average is 9.54 Million shares, with the 3-month average coming to 11.26 Million.
JD.com, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.7. If we narrow it down even further, the data shows that none out of 45 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 2 recommended JD as a Hold, whereas 38 deemed it a Buy, and no one rated it as Underweight. JD.com, Inc. is expected to report earnings per share of $0.42 for the current quarter.
JD.com, Inc. (NASDAQ:JD): Trading Information
Instantly JD has showed a green trend with a performance of 1.24% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $86.88 on Thursday, Apr 01 increased the stock’s daily price by 3.88%. The company’s shares are currently down -0.05% year-to-date, but still up 0.0214 over the last five days. On the other hand, JD.com, Inc. (NASDAQ:JD) is -0.08% down in the 30-day period. We can see from the shorts that 30.12 Million shares have been sold at a short interest cover period of 2.67 day (s).
JD.com, Inc. (JD) projections and forecasts
JD.com, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +9.74 percent over the past six months and at a 16.05% annual growth rate that is well above the industry average of 15.2%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +50% in revenue this quarter, and will report an increase of 3.8% in the next quarter. The year-over-year growth rate is expected to be 25.2%, up from the previous year.
Consensus estimates provided by 17 financial analysts predict the company will bring in an average of $28.94 Billion in revenue for the current quarter. 14 analysts expect JD.com, Inc. to make $37.7 Billion in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarters a year ago were $20.91 Billion and $28.26 Billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 38.4%. Forecasts for the next quarter put sales growth at 33.4%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 22.6%. JD.com, Inc. earnings are expected to increase by 574.3% in 2021, but the outlook is positive 4.98% per year for the next five years.
JD.com, Inc. (NASDAQ:JD)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 7.04% of JD.com, Inc. shares, and 45.6% of them are in the hands of institutional investors. The stock currently has a share float of 49.05%. JD.com, Inc. stock is held by 1243 institutions, with Tiger Global Management, LLC being the largest institutional investor. By Dec 30, 2020, it held 3.86% of the shares, which is about 51.65 Million shares worth $4.54 Billion.
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