Why Should We Buy JD.com Inc ADR (JD) Stock?

JD.com Inc ADR (NASDAQ:JD) has a beta value of 0.40 and has seen 5.4 million shares traded in the recent trading session. The company, currently valued at $36.55B, closed the recent trade at $26.77 per share which meant it gained $0.07 on the day or 0.27% during that session. The JD stock price is -33.32% off its 52-week high price of $35.69 and 22.23% above the 52-week low of $20.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 26.59 million shares traded. The 3-month trading volume is 12.01 million shares.

The consensus among analysts is that JD.com Inc ADR (JD) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 14 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.04.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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

Sporting 0.27% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the JD stock price touched $26.77 or saw a rise of 2.33%. Year-to-date, JD.com Inc ADR shares have moved -7.33%, while the 5-day performance has seen it change 1.48%. Over the past 30 days, the shares of JD.com Inc ADR (NASDAQ:JD) have changed 7.30%. Short interest in the company has seen 27.18 million shares shorted with days to cover at 3.42.

Wall Street analysts have a consensus price target for the stock at $41, which means that the shares’ value could jump 34.71% from the levels at last check today. The projected low price target is $28.0 while the price target rests at a high of $123.0. In that case, then, we find that the latest price level in today’s session is -359.47% off the targeted high while a plunge would see the stock gain -4.59% from the levels at last check today.

JD.com Inc ADR (JD) estimates and forecasts

Figures show that JD.com Inc ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 24.87% over the past 6 months, with this year growth rate of 27.24%, compared to 12.60% for the industry. Revenue growth from the last financial year stood is estimated to be 4.60%.

18 analysts offering their estimates for the company have set an average revenue estimate of 36.47B for the current quarter. 16 have an estimated revenue figure of 45.04B for the next ending quarter.

Earnings growth for 2024 is a modest 24.94% while over the next 5 years, the company’s earnings are expected to increase by 23.93%.

JD Dividends

JD.com Inc ADR is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.76 at a share yield of 2.84%. The company’s dividend yield has gone up over the past 12 months.

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

The top two institutional holders are DODGE & COX with over 22.48 million shares worth more than $580.86 million. As of 2024-06-30, DODGE & COX held 1.4377% of shares outstanding.

The other major institutional holder is INVESCO LTD., with the holding of over 15.27 million shares as of 2024-06-30. The firm’s total holdings are worth over $394.63 million and represent 0.9767% of shares outstanding.