We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
Read MoreHide Full Article
In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $75.08, marking a +0.27% move from the previous day. This change lagged the S&P 500's 0.69% gain on the day. Meanwhile, the Dow gained 0.78%, and the Nasdaq, a tech-heavy index, added 0.28%.
Prior to today's trading, shares of the company had gained 9.59% over the past month. This has outpaced the Retail-Wholesale sector's loss of 7.94% and the S&P 500's loss of 5.29% in that time.
Investors will be hoping for strength from JD.com, Inc. as it approaches its next earnings release. On that day, JD.com, Inc. is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 17.39%. Meanwhile, our latest consensus estimate is calling for revenue of $42.54 billion, up 23.73% from the prior-year quarter.
Investors might also notice recent changes to analyst estimates for JD.com, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.33% lower. JD.com, Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at its valuation, JD.com, Inc. is holding a Forward P/E ratio of 36.98. This represents a premium compared to its industry's average Forward P/E of 32.52.
It is also worth noting that JD currently has a PEG ratio of 1.38. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. JD's industry had an average PEG ratio of 1.5 as of yesterday's close.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 222, putting it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $75.08, marking a +0.27% move from the previous day. This change lagged the S&P 500's 0.69% gain on the day. Meanwhile, the Dow gained 0.78%, and the Nasdaq, a tech-heavy index, added 0.28%.
Prior to today's trading, shares of the company had gained 9.59% over the past month. This has outpaced the Retail-Wholesale sector's loss of 7.94% and the S&P 500's loss of 5.29% in that time.
Investors will be hoping for strength from JD.com, Inc. as it approaches its next earnings release. On that day, JD.com, Inc. is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 17.39%. Meanwhile, our latest consensus estimate is calling for revenue of $42.54 billion, up 23.73% from the prior-year quarter.
Investors might also notice recent changes to analyst estimates for JD.com, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.33% lower. JD.com, Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at its valuation, JD.com, Inc. is holding a Forward P/E ratio of 36.98. This represents a premium compared to its industry's average Forward P/E of 32.52.
It is also worth noting that JD currently has a PEG ratio of 1.38. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. JD's industry had an average PEG ratio of 1.5 as of yesterday's close.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 222, putting it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.