Could JD.com Inc ADR’s (NASDAQ: JD) Earnings Exceed Your Expectations?

In today’s recent session, 2.05 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 $35.15, and it changed around -$0.04 or -0.11% from the last close, which brings the market valuation of the company to $49.18B. JD at last check was trading at a discount to its 52-week high of $47.82, offering almost -36.05% off that amount. The share price’s 52-week low was $20.82, which indicates that the recent value has risen by an impressive 40.77% since then. We note from JD.com Inc ADR’s average daily trading volume that its 10-day average is 16.28 million shares, with the 3-month average coming to 20.04 million.

JD.com Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.37. If we narrow it down even further, the data shows that 0 out of 44 analysts rate the stock as a Sell; another 10 rate it as Overweight. Among the rest, 5 recommended JD as a Hold, whereas 28 deemed it a Buy, and 1 rated it as Underweight. JD.com Inc ADR is expected to report earnings per share of 5.45 for the current quarter.

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

Instantly JD has been showing red trend so far today with a performance of -0.11% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 35.70 on recent trading dayincreased the stock’s daily price by 1.54%. The company’s shares are currently up 21.67% year-to-date, but still down -1.51% over the last five days. On the other hand, JD.com Inc ADR (NASDAQ:JD) is -12.89% down in the 30-day period. We can see from the shorts that 39.66 million shares have been sold at a short interest cover period of 1.82 day(s).

The consensus price target as assigned by Wall Street analysts is $51, which translates to bulls needing to increase their stock price by 31.08% 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 7.56 percent over the past six months and at a 26.60% annual growth rate that is well above the industry average of 14.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 2.77% in revenue this quarter, and will report an increase of 29.19% in the next quarter. The year-over-year growth rate is expected to be 4.85%, up from the previous year.

Consensus estimates provided by 21 financial analysts predict the company will bring in an average of 321.76B in revenue for the current quarter. 5 analysts expect JD.com Inc ADR to make 275.14B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 306.08B and 260.05B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.12%. Forecasts for the next quarter put sales growth at 5.80%.

JD.com Inc ADR earnings are expected to increase by 31.12% 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 in December. The annual dividend yield of the stock is 2.16 percent and its annual dividend per share was 0.76. It is important to note, however, that the 2.16% 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.

Dodge & Cox International Stock Fund and Invesco Global Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 18.37 shares worth $645.07 million, making up 1.16% of all outstanding shares. On the other hand, Invesco Global Fund held roughly 6.48 shares worth around $227.45 million, which represents about 0.41% of the total shares outstanding.