Are JD.com Inc ADR (NASDAQ: JD) Shares Ready For A Price Rise?

In the latest trading session, 6.47 million JD.com Inc ADR (NASDAQ:JD) shares changed hands as the company’s beta touched 0.44. With the company’s most recent per share price at $43.05 changing hands around $2.98 or 7.44% at last look, the market valuation stands at $59.61B. JD’s current price is a discount, trading about -11.08% off its 52-week high of $47.82. The share price had its 52-week low at $21.18, which suggests the last value was 50.8% up since then.

Analysts gave the JD.com Inc ADR (JD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.39. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended JD as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight. JD.com Inc ADR’s EPS for the current quarter is expected to be 6.07.

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

Instantly JD is in green as seen in intraday trades today. With action 9.85%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 24.17%, with the 5-day performance at 9.85% in the green. However, in the 30-day time frame, JD.com Inc ADR (NASDAQ:JD) is 6.82% up.

The consensus price target for the stock as assigned by Wall Street analysts is 47, meaning bulls need an upside of 8.4% from its recent market value. According to analyst projections, JD’s forecast low is 28 with 54 as the target high. To hit the forecast high, the stock’s price needs a -25.44% plunge from its current level, while the stock would need to tank 34.96% for it to hit the projected low.

JD.com Inc ADR (JD) estimates and forecasts

Year-over-year growth is forecast to reach 5.47% up from the last financial year.

Consensus estimates given by 25 financial analysts project the company’s revenue in the current quarter to hit an average of 332.7B. 5 analysts are of the opinion that JD.com Inc ADR’s revenue for the current quarter will be 275.27B. The company’s revenue for the corresponding quarters a year ago was 306.08B and 260.05B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.70%. The estimates for the next quarter sales put growth at 5.85%.

The 2025 estimates are for JD.com Inc ADR earnings to increase by 34.73%, but the outlook for the next 5-year period is at 16.75% per year.

JD Dividends

JD.com Inc ADR is expected to release its next quarterly earnings report in March. The 1.77% annual yield figure for the share gives it an annual dividend of 0.76. It is important to note, however, that the 1.77% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

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

DODGE & COX holds the second largest percentage of outstanding shares, with 0.7461% or 22.48 million shares worth $580.86 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Dodge & Cox International Stock Fund and Invesco Global Fund. With 18.37 shares estimated at $797.56 million under it, the former controlled 1.16% of total outstanding shares. On the other hand, Invesco Global Fund held about 0.41% of the shares, roughly 6.48 shares worth around $281.21 million.