JD.com Inc. (NASDAQ: JD) stock fell -3.31% on Wednesday to $33.88 against a previous-day closing price of $35.04. With 13.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 11.51 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $34.68 whereas the lowest price it dropped to was $33.51. The 52-week range on JD shows that it touched its highest point at $68.29 and its lowest point at $33.17 during that stretch. It currently has a 1-year price target of $61.19. With its current market cap of 56.15 billion, JD has annualized dividend of $0.62 while the current yield stands at 1.83%. Beta for the stock currently stands at 0.44.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JD was down-trending over the past week, with a drop of -9.27%, but this was up by 0.53% over a month. Three-month performance dropped to -27.37% while six-month performance fell -35.47%. The stock lost -36.47% in the past year, while it has lost -39.64% so far this year. A look at the trailing 12-month EPS for JD yields 1.76 with Next year EPS estimates of 3.47. For the next quarter, that number is 0.69. This implies an EPS growth rate of 384.80% for this year and 18.00% for next year. EPS is expected to grow by 22.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 139.90%.
Float and Shares Shorts:
At present, 1.57 billion JD shares are outstanding with a float of 1.26 billion shares on hand for trading. On Apr 27, 2023, short shares totaled 18.96 million, which was 1.20% higher than short shares on Mar 30, 2023. In addition to Mr. Qiangdong Liu as the firm’s Founder & Chairman, Ms. Ran Xu serves as its CEO & Exec. Director.
Through their ownership of 17.33% of JD’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 8.33% of JD, in contrast to 7.51% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in JD with 1.75% of the stake, Tiger Global Management LLC holds 24,077,900 shares worth 24,077,900. A second-largest stockholder of JD, Invesco Advisers, Inc., holds 16,569,439 shares, controlling over 1.21% of the firm’s shares. Dodge & Cox is the third largest shareholder in JD, holding 14,221,949 shares or 1.03% stake. With a 1.27% stake in JD, the Government Pension Fund – Global is the largest stakeholder. A total of 17,538,365 shares are owned by the mutual fund manager. The Dodge & Cox International Stock F, which owns about 0.78% of JD stock, is the second-largest Mutual Fund holder. It holds 10,723,248 shares valued at 383.03 million. Invesco Global Fund holds 0.49% of the stake in JD, owning 6,768,318 shares worth 241.76 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, JD reported revenue of $267.60B and operating income of $3.76B. The EBITDA in the recently reported quarter was $5.74B and diluted EPS was $2.74.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JD since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With JD analysts setting a high price target of $681.25 and a low target of $197.92, the average target price over the next 12 months is $405.60. Based on these targets, JD could surge 1910.77% to reach the target high and rise by 484.18% to reach the target low. Reaching the average price target will result in a growth of 1097.17% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Dividends & Yield:
In terms of dividends, JD has a current ratio of $0.62, which is $0.62 over the trailing 12-months. Dividend yield is another indicator that appeals to many investors, and JD currently yields $1.83. In the past year, JD’s dividend yield has been $1.83. Accordingly, JD has a current buyback yield of $0.48. This was $0.48 for the TTM.