During the recent session, JD.com Inc ADR (NASDAQ:JD)’s traded shares were 2.29 million, with the beta value of the company hitting 0.41. At the last check today, the stock’s price was $39.82, reflecting an intraday gain of 2.90% or $1.12. The 52-week high for the JD share is $47.82, that puts it down -20.09 from that peak though still a striking 46.81% gain since the share price plummeted to a 52-week low of $21.18. The company’s market capitalization is $55.14B, and the average intraday trading volume over the past 10 days was 11.32 million shares, and the average trade volume was 10.80 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 1.31. 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 6.07.
JD.com Inc ADR (NASDAQ:JD) trade information
JD.com Inc ADR (JD) registered a 2.90% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.90% in intraday trading to $39.82, hitting a weekly high. The stock’s 5-day price performance is 12.43%, and it has moved by 11.74% in 30 days. Based on these gigs, the overall price performance for the year is 71.51%. The short interest in JD.com Inc ADR (NASDAQ:JD) is 39.66 million shares and it means that shorts have 1.82 day(s) to cover.
The consensus price target of analysts on Wall Street is $46, which implies an increase of 13.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $54 respectively. As a result, JD is trading at a discount of -35.61% off the target high and 29.68% 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 54.60% during the last six months, with a year-to-date growth rate more than the industry average at 31.73% against 12.40. In the rating firms’ projections, revenue will increase 5.33% 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 330.07B as predicted by 26 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 275.27B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 306.08B and 260.05B respectively. In this case, analysts expect current quarter sales to grow by 7.84% and then jump by 5.85% in the coming quarter.
While earnings are projected to return 35.54% in 2025, the next five years will return 14.08% per annum.
JD Dividends
JD.com Inc ADR is due to release its next quarterly earnings in February. 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 1.91 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.
Also, the Mutual Funds coming in first place with the largest holdings of JD.com Inc ADR (JD) shares are Dodge & Cox International Stock Fund and Invesco Global Fund. Data provided on Sep 30, 2024 indicates that Dodge & Cox International Stock Fund owns about 18.37 shares. This amounts to just over 1.16 percent of the company’s overall shares, with a $730.22 million market value. The same data shows that the other fund manager holds slightly less at 6.48, or about 0.41% of the stock, which is worth about $257.47 million.
