An Analysis Of JD.com Inc ADR (NASDAQ: JD), And Its Business Forecast

In recent trading session today, 14.61 million shares of the JD.com Inc ADR (NASDAQ:JD) have been traded, and its beta is 0.39. Most recently the company’s share price was $44.13, and it changed around -$2.95 or -6.26% from the last close, which brings the market valuation of the company to $60.26B. JD at last check was trading at a discount to its 52-week high of $47.82, offering almost -8.36% off that amount. The share price’s 52-week low was $20.82, which indicates that the recent value has risen by an impressive 52.82% since then. We note from JD.com Inc ADR’s average daily trading volume that its 10-day average is 40.98 million shares, with the 3-month average coming to 17.23 million.

JD.com Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.49. If we narrow it down even further, the data shows that 0 out of 37 analysts rate the stock as a Sell; another 10 rate it as Overweight. Among the rest, 4 recommended JD as a Hold, whereas 22 deemed it a Buy, and 1 rated it as Underweight. JD.com Inc ADR is expected to report earnings per share of 1.06 for the current quarter.

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

Instantly JD has been showing red trend so far today with a performance of -6.26% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 47.82 on recent trading dayincreased the stock’s daily price by 7.72%. The company’s shares are currently up 52.77% year-to-date, but still up 2.81% over the last five days. On the other hand, JD.com Inc ADR (NASDAQ:JD) is 70.47% up in the 30-day period. We can see from the shorts that 34.7 million shares have been sold at a short interest cover period of 1.9 day(s).

The consensus price target as assigned by Wall Street analysts is $41, which translates to bulls needing to decrease their stock price by -7.63% from its current value. Analyst projections state that JD is forecast to be at a low of $28 and a high of $123.

JD.com Inc ADR (JD) estimates and forecasts

JD.com Inc ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 65.30 percent over the past six months and at a 27.56% annual growth rate that is well above the industry average of 14.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 14.00% in revenue this quarter, and will report an increase of 18.90% in the next quarter. The year-over-year growth rate is expected to be 6.10%, up from the previous year.

Consensus estimates provided by 18 financial analysts predict the company will bring in an average of 36.97B in revenue for the current quarter. 16 analysts expect JD.com Inc ADR to make 45.68B in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 6.30%.

JD.com Inc ADR earnings are expected to increase by 25.65% in 2024, but the outlook is positive 12.95% per year for the next five years.

JD Dividends

JD.com Inc ADR’s next quarterly earnings report is expected to be released on 2024-Nov-13. The annual dividend yield of the stock is 1.72 percent and its annual dividend per share was 0.76. It is important to note, however, that the 1.72% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

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

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