JD.com Inc. [JD] Stock trading around $71.19 per share: What’s Next?

JD.com Inc. [NASDAQ: JD] traded at a low on 06/11/21, posting a -0.92 loss after which it closed the day’ session at $71.19. The company report on June 10, 2021 that Liu Qiangdong’s JD.com Subsidiary JD Logistics Debuts on HKEx.

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JD Logistics made its debut on The Stock Exchange of Hong Kong on Friday, May 28th (2618.HK). The business joins its parent organization JD.com (9618.HK) which completed a secondary listing on HKEx on June 18th of 2020 and the healthcare arm of the country’s biggest internet company JD Health (6618.HK), which was listed on December 8th of last year, making it the third JD entity to list.

The opening price for the company started at HK$40.36, and they raised an estimated HK$24.11 billion on the day of their initial public offering. According to the company’s prospectus published on May 17th, 2021 by Richard Qiangdong Liu, JD.com’s chairman and CEO, the proceeds from JD Logistics’ IPO will be used to upgrade and expand its logistics networks, develop advanced technologies to be used in its supply chain solutions and logistics services, expand the breadth and depth of existing solutions, penetrating existing customers and attracting potential customers though investments in sales and marketing personnel as well as industry solutions development, and toward general corporate purchases and working capital needs.

The results of the trading session contributed to over 11378877 shares changing hands. Over the past one week, the price volatility of JD.com Inc. stands at 2.41% while the volatility over the past one month is 2.81%.

The market cap for JD stock reached $114.31 billion, with 1.55 billion shares outstanding and 935.77 million shares in the current float. Compared to the average trading volume of 11.53M shares, JD reached a trading volume of 11378877 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about JD.com Inc. [JD]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JD shares is $103.21 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JD stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for JD.com Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 26, 2021. While these analysts kept the previous recommendation, Bernstein raised their target price to Outperform. The new note on the price target was released on January 25, 2021, representing the official price target for JD.com Inc. stock. Previously, the target price had yet another raise to $105, while Stifel analysts kept a Buy rating on JD stock. On August 24, 2020, analysts increased their price target for JD shares from 79 to 83.

The Average True Range (ATR) for JD.com Inc. is set at 2.19, with the Price to Sales ratio for JD stock in the period of the last 12 months amounting to 0.91. The Price to Book ratio for the last quarter was 3.75, with the Price to Cash per share for the same quarter was set at 13.14. Price to Free Cash Flow for JD in the course of the last twelve months was 19.98 with Quick ratio for the last quarter at 1.00.

How has JD stock performed recently?

JD.com Inc. [JD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.62. With this latest performance, JD shares dropped by -0.08% in over the last four-week period, additionally sinking by -12.99% over the last 6 months – not to mention a rise of 24.37% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JD stock in for the last two-week period is set at 40.96, with the RSI for the last a single of trading hit 37.39, and the three-weeks RSI is set at 41.87 for JD.com Inc. [JD]. The present Moving Average for the last 50 days of trading for this stock 75.46, while it was recorded at 72.73 for the last single week of trading, and 83.17 for the last 200 days.

JD.com Inc. [JD]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and JD.com Inc. [JD] shares currently have an operating margin of +1.43 and a Gross Margin at +14.46. JD.com Inc.’s Net Margin is presently recorded at +6.62.

Return on Total Capital for JD is now 5.53, given the latest momentum, and Return on Invested Capital for the company is 30.98. Return on Equity for this stock inclined to 35.37, with Return on Assets sitting at 14.03. When it comes to the capital structure of this company, JD.com Inc. [JD] has a Total Debt to Total Equity ratio set at 16.97. Additionally, JD Total Debt to Total Capital is recorded at 14.51, with Total Debt to Total Assets ending up at 7.54. Long-Term Debt to Equity for the company is recorded at 12.15, with the Long-Term Debt to Total Capital now at 10.38.

Reflecting on the efficiency of the workforce at the company, JD.com Inc. [JD] managed to generate an average of $176,295 per employee. Receivables Turnover for the company is 54.88 with a Total Asset Turnover recorded at a value of 2.12.JD.com Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.40.

Earnings analysis for JD.com Inc. [JD]

With the latest financial reports released by the company, JD.com Inc. posted 0.52/share EPS, while the average EPS was predicted by analysts to be reported at 0.4/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 30.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for JD.com Inc. go to 3.96%.

Insider trade positions for JD.com Inc. [JD]

There are presently around $38,519 million, or 42.20% of JD stock, in the hands of institutional investors. The top three institutional holders of JD stocks are: TIGER GLOBAL MANAGEMENT LLC with ownership of 51,650,366, which is approximately 0% of the company’s market cap and around 7.02% of the total institutional ownership; BLACKROCK INC., holding 45,440,552 shares of the stock with an approximate value of $3.23 billion in JD stocks shares; and INVESCO LTD., currently with $2.52 billion in JD stock with ownership of nearly 16.187% of the company’s market capitalization.

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Positions in JD.com Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 355 institutional holders increased their position in JD.com Inc. [NASDAQ:JD] by around 57,101,652 shares. Additionally, 389 investors decreased positions by around 99,514,607 shares, while 119 investors held positions by with 384,462,150 shares. The mentioned changes placed institutional holdings at 541,078,409 shares, according to the latest SEC report filing. JD stock had 96 new institutional investments in for a total of 7,305,492 shares, while 125 institutional investors sold positions of 32,918,425 shares during the same period.

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