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Let’s Start With The Stock Forecast For JD.com Inc ADR (NASDAQ: JD)

In the latest trading session, 4.21 million JD.com Inc ADR (NASDAQ:JD) shares changed hands as the company’s beta touched 0.59. With the company’s most recent per share price at $28.14 changed hands at -$0.41 or -1.45% at last look, the market valuation stands at $38.34B. JD’s current price is a discount, trading about -138.45% off its 52-week high of $67.10. The share price had its 52-week low at $24.01, which suggests the last value was 14.68% up since then. When we look at JD.com Inc ADR’s average trading volume, we note the 10-day average is 14.25 million shares, with the 3-month average coming to 11.22 million.

Analysts gave the JD.com Inc ADR (JD) stock a consensus recommendation rating of an Overweight, calculated at a mean rating of 1.53. If we narrow down to specifics, the data shows that 0 out of 47 analysts rate the stock as a Sell, with a further 5 assigning it an Overweight rating. Of the remaining, 10 recommended JD as a Hold, 32 felt it is a Buy and 0 rated the stock as Underweight. JD.com Inc ADR’s EPS for the current quarter is expected to be $0.66.

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JD.com Inc ADR (NASDAQ:JD) trade information

Instantly JD was in red as seen in intraday trades today. With action 5.34%, the performance over the past five days has been green. The drop to weekly highs of 29.27 on Monday, 11/20/23 subtracted -1.45% to the stock’s daily price. The company’s shares are showing year-to-date downside of -49.88%, with the 5-day performance at 5.34% in the green. However, in the 30-day time frame, JD.com Inc ADR (NASDAQ:JD) is 13.45% up. Looking at the short shares, we see there were 36.18 million shares sold at short interest cover period of 2.76 days.

The consensus price target for the stock as assigned by Wall Street analysts is $312.16, meaning bulls need an upside of 90.99% from its recent market value. According to analyst projections, JD’s forecast low is $168.31 with $579.21 as the target high. To hit the forecast high, the stock’s price needs a -1958.32% plunge from its current level, while the stock would need to soar -498.12% for it to hit the projected low.

JD.com Inc ADR (JD) estimates and forecasts

Data shows that the JD.com Inc ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -19.71% over the past 6 months, a 13.23% in annual growth rate that is considerably lower than the industry average of 25.70%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for JD.com Inc ADR will fall -5.70%, while the growth in revenue is estimated to hit 10.60% for the next quarter. Year-over-year growth is forecast to reach -0.40% down from the last financial year.

Consensus estimates given by 19 financial analysts project the company’s revenue in the current quarter to hit an average of $41.98 billion. 5 analysts are of the opinion that JD.com Inc ADR’s revenue for the quarter ending Mar 2024 will be $35.61 billion. The company’s revenue for the corresponding quarters a year ago was $42.75 billion and $33.64 billion respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.80%. The estimates for the next quarter sales put growth at 5.80%.

The 2023 estimates are for JD.com Inc ADR earnings to increase by 18.85%, but the outlook for the next 5-year period is at 19.23% per year.

JD Dividends

JD.com Inc ADR is expected to release its next quarterly earnings report in December. The 0.75% annual yield figure for the share gives it an annual dividend of 0.21. It is important to note, however, that the 0.75% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

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