In recent trading session, JD.com Inc. (NASDAQ:JD) saw 3.78 million shares changing hands at last check today with its beta currently measuring 0.75. Company’s recent per share price level of $72.79 trading at $1.35 or 1.89% at last check today assigns it a market valuation of $107.84B. That most recent trading price of JD’s stock is at a discount of -48.77% from its 52-week high price of $108.29 and is indicating a premium of 15.3% from its 52-week low price of $61.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 14.86 million shares which gives us an average trading volume of 10.62 million if we extend that period to 3-months.
JD.com Inc. (NASDAQ:JD) trade information
Upright in the green today for gaining 1.89%, in the last five days JD remained trading in the green while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $72.79 price level, adding 7.39% to its value on the day. JD.com Inc.’s shares saw a change of 1.96% in year-to-date performance and have moved 6.98% in past 5-day. JD.com Inc. (NASDAQ:JD) showed a performance of -8.00% in past 30-days. Number of shares sold short was 30.47 million shares which calculate 2.63 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $661.58 to the stock, which implies a rise of 89.0% to its recent value today. Analysts have been projecting $573.48 as a low price target for the stock while placing it at a high target of $777.38. It follows that stock’s current price would drop -967.98% in reaching the projected high whereas dropping to the targeted low would mean a loss of -687.86% for stock’s current value.
JD.com Inc. (JD) estimates and forecasts
Statistics highlight that JD.com Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -5.49% of value to its shares in past 6 months, showing an annual growth rate of 2.47% while that of industry is 4.30. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 4.30% in the current quarter and calculating 23.70% increase in the next quarter. This year revenue growth is estimated to rise 29.30% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $43.81 billion for the same. And 4 analysts are in estimates of company making revenue of $39.82 billion in the next quarter that will end on Mar 2022. Company posted $34.87 billion and $31.44 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 25.60% while estimating it to be 26.60% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 50.10% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 287.00% while estimates for its earnings growth in next 5 years are of 23.69%.
JD.com Inc. is more likely to be releasing its next quarterly report between August 11 and August 17 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
JD.com Inc. (NASDAQ:JD)’s Major holders
Insiders are in possession of 6.56% of company’s total shares while institution are holding 36.94 percent of that, with stock having share float percentage of 39.53%. Investors also watch the number of corporate investors in a company very closely, which is 36.94% institutions for JD.com Inc. that are currently holding shares of the company. Tiger Global Management, LLC is the top institutional holder at JD for having 51.14 million shares of worth $3.69 billion. And as of Sep 29, 2021, it was holding 3.82% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 39.05 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 2.92% of outstanding shares, having a total worth of $2.82 billion.
On the other hand, Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF and Vanguard International Stock Index-Emerging Markets Stk are the top two Mutual Funds which own company’s shares. As of Oct 30, 2021, the former fund manager was holding 10.56 million shares of worth $826.29 million or 0.79% of the total outstanding shares. The later fund manager was in possession of 8.36 million shares on Jul 30, 2021, making its stake of worth around $592.27 million in the company or a holder of 0.62% of company’s stock.