JD.com (JD) to Release Quarterly Earnings on Thursday

JD.com (NASDAQ:JD) is expected to be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect JD.com to post earnings of $0.90 per share and revenue of $332.70 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

JD.com Stock Up 6.1 %

Shares of NASDAQ:JD opened at $42.53 on Thursday. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $67.07 billion, a P/E ratio of 13.46, a P/E/G ratio of 0.31 and a beta of 0.40. JD.com has a 52-week low of $21.18 and a 52-week high of $47.82. The stock’s fifty day simple moving average is $38.11 and its 200-day simple moving average is $36.06.

Wall Street Analysts Forecast Growth

Several analysts have commented on JD shares. StockNews.com cut shares of JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Citigroup lowered their price objective on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Sanford C. Bernstein upgraded JD.com from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $43.00 to $46.00 in a research report on Monday, December 9th. Benchmark reissued a “buy” rating and issued a $47.00 price target on shares of JD.com in a research note on Friday, November 15th. Finally, Dbs Bank raised shares of JD.com to a “strong-buy” rating in a research note on Wednesday, February 12th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, JD.com presently has an average rating of “Moderate Buy” and a consensus target price of $41.36.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.