JD.com Inc ADR (NASDAQ: JD) Prices Could Soar To Much Higher Levels In Coming Months

In the latest trading session, 49.29 million JD.com Inc ADR (NASDAQ:JD) shares changed hands as the company’s beta touched 0.39. With the company’s most recent per share price at $26.56 changed hands at -$1.63 or -5.79% at last look, the market valuation stands at $36.26B. JD’s current price is a discount, trading about -34.38% off its 52-week high of $35.69. The share price had its 52-week low at $20.82, which suggests the last value was 21.61% up since then. When we look at JD.com Inc ADR’s average trading volume, we note the 10-day average is 12.14 million shares, with the 3-month average coming to 11.09 million.

Analysts gave the JD.com Inc ADR (JD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.51. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended JD as a Hold, 12 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 1.02.

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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 2.54%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -8.08%, with the 5-day performance at 2.54% in the green. However, in the 30-day time frame, JD.com Inc ADR (NASDAQ:JD) is 1.40% up. Looking at the short shares, we see there were 28.94 million shares sold at short interest cover period of 3.5 days.

The consensus price target for the stock as assigned by Wall Street analysts is 41, meaning bulls need an upside of 35.22% from its recent market value. According to analyst projections, JD’s forecast low is 25 with 123 as the target high. To hit the forecast high, the stock’s price needs a -363.1% plunge from its current level, while the stock would need to tank 5.87% 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 11.63% over the past 6 months, a 8.97% in annual growth rate that is considerably lower than the industry average of 12.00%. Year-over-year growth is forecast to reach 4.20% up from the last financial year.

Consensus estimates given by 21 financial analysts project the company’s revenue in the current quarter to hit an average of 36.33B. 19 analysts are of the opinion that JD.com Inc ADR’s revenue for the current quarter will be 44.91B. The estimates for the next quarter sales put growth at 4.50%.

The 2024 estimates are for JD.com Inc ADR earnings to increase by 23.21%, but the outlook for the next 5-year period is at 23.93% per year.

JD Dividends

JD.com Inc ADR is expected to release its next quarterly earnings report in September. The 2.86% annual yield figure for the share gives it an annual dividend of 0.76. It is important to note, however, that the 2.86% 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.

JD.com Inc ADR (NASDAQ:JD)’s Major holders

INVESCO LTD. holds the second largest percentage of outstanding shares, with 0.9767% or 15.27 million shares worth $394.63 million as of 2024-06-30.

Among Mutual Funds, the top two as of Mar 31, 2024 were Dodge & Cox International Stock Fund and Invesco Global Fund. With 18.37 shares estimated at $489.54 million under it, the former controlled 1.16% of total outstanding shares. On the other hand, Invesco Global Fund held about 0.41% of the shares, roughly 6.48 shares worth around $172.61 million.