Is JD.com Inc ADR (NASDAQ: JD) Hit More of the Losses Given A -32.19% Dip From High?

During the last session, JD.com Inc ADR (NASDAQ:JD)’s traded shares were 21.6 million, with the beta value of the company hitting 0.39. At the end of the trading day, the stock’s price was $27.00, reflecting an intraday gain of 2.39% or $0.63. The 52-week high for the JD share is $35.69, that puts it down -32.19 from that peak though still a striking 22.89% gain since the share price plummeted to a 52-week low of $20.82. The company’s market capitalization is $36.86B, and the average intraday trading volume over the past 10 days was 27.25 million shares, and the average trade volume was 11.81 million shares over the past three months.

JD.com Inc ADR (JD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.57. JD has a Sell rating from 0 analyst(s) out of 14 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 12 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.04.

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

JD.com Inc ADR (JD) registered a 2.39% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.39% in intraday trading to $27.00, hitting a weekly high. The stock’s 5-day price performance is 0.63%, and it has moved by 6.97% in 30 days. Based on these gigs, the overall price performance for the year is -20.52%. The short interest in JD.com Inc ADR (NASDAQ:JD) is 27.18 million shares and it means that shorts have 3.42 day(s) to cover.

The consensus price target of analysts on Wall Street is $41, which implies an increase of 34.15% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $123 respectively. As a result, JD is trading at a discount of -355.56% off the target high and -3.7% off the low.

JD.com Inc ADR (JD) estimates and forecasts

Statistics show that JD.com Inc ADR has outperformed its competitors in share price, compared to the industry in which it operates. JD.com Inc ADR (JD) shares have gone up 17.39% during the last six months, with a year-to-date growth rate more than the industry average at 27.24% against 15.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 11.80% this quarter and then jump 17.60% in the quarter after that. In the rating firms’ projections, revenue will increase 4.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 36.58B as predicted by 18 analyst(s). Meanwhile, a consensus of 16 analyst(s) estimates revenue growth to 45.17B by the end of current fiscal year.

While earnings are projected to return 24.51% in 2024, the next five years will return 23.93% per annum.

JD Dividends

JD.com Inc ADR is due to release its next quarterly earnings on 2024-Nov-13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for JD.com Inc ADR is 0.76, with the dividend yield indicating at 2.81 percent, continuing the trend of increasing dividends in recent years.

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

The next largest institutional holding, with 15.27 million shares, is of INVESCO LTD.’s that is approximately 0.9767% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $394.63 million.