JD.com Inc. [JD] stock Downgrade by JP Morgan analyst, price target now $35

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JD.com Inc. [NASDAQ: JD] jumped around 1.34 points on Friday, while shares priced at $52.04 at the close of the session, up 2.64%. The company report on April 6, 2022 that JD.com Announces Management and Board Changes.

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JD.com, Inc. (Nasdaq: JD; HKEX: 9618), a leading supply chain-based technology and service provider, is pleased to announce today that Mr. Lei Xu, president of JD.com, has been appointed as the CEO of the Company to succeed Mr. Richard Liu. Mr. Lei Xu will also join the Company’s board of directors (the “Board”) as an executive director. All these appointments are effective immediately. Mr. Richard Liu will remain as the chairman of the Board and continue to focus on guiding the Company’s long-term strategies, mentoring younger management, and contributing to the revitalization of rural areas.

Mr. Lei Xu has been with JD.com for over a decade. In his most recent role as president of JD.com, he was in charge of the operation and collaborative development of various business units of the Company. Particularly, under his leadership, the Company successfully navigated the evolving external environment with resilient performance, while maintained strategic focus and continued to create value for users and business partners. Prior to that, Mr. Xu held various senior roles in the Company, including CEO of JD Retail, Chief Marketing Officer of JD.com, head of JD Wireless and head of marketing department. During his tenure as CEO of JD Retail, Mr. Xu formulated the business philosophy of “trust-based and customer-centric value creation,” led JD Retail to achieve high-quality growth for consecutive years, and guided the visionary moves to develop the supply chain middle platform and omni-channel strategy, which accelerated the cultivation of the Company’s future growth drivers. In addition, Mr. Xu established JD’s marketing and public relations system and the platform operation system, and propelled JD’s mobile-based strategic transformation. Mr. Xu also led the launch of JD 618 Grand Promotion and drove the opening-up of JD’s supply chain capabilities to empower the society. Mr. Xu currently serves as a director of Dada and ATRenew.

JD.com Inc. stock is now -25.73% down from its year-to-date (YTD) trading value. JD Stock saw the intraday high of $54.30 and lowest of $51.31 per share. The company’s 52-week high price is 92.69, which means current price is +25.22% above from all time high which was touched on 01/20/22.

Compared to the average trading volume of 14.29M shares, JD reached a trading volume of 12509450 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 $90.58 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 1.80. 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.

JP Morgan have made an estimate for JD.com Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on March 14, 2022. While these analysts kept the previous recommendation, Atlantic Equities raised their target price to Overweight. The new note on the price target was released on January 11, 2022, representing the official price target for JD.com Inc. stock. Previously, the target price had yet another raise to $112, while Macquarie analysts kept a Outperform rating on JD stock.

The Average True Range (ATR) for JD.com Inc. is set at 4.16, with the Price to Sales ratio for JD stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 2.42, with the Price to Cash per share for the same quarter was set at 18.74. Price to Free Cash Flow for JD in the course of the last twelve months was 13.61 with Quick ratio for the last quarter at 1.10.

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 -7.99. With this latest performance, JD shares dropped by -19.05% in over the last four-week period, additionally sinking by -38.03% over the last 6 months – not to mention a drop of -32.20% 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 38.74, with the RSI for the last a single of trading hit 35.04, and the three-weeks RSI is set at 40.71 for JD.com Inc. [JD]. The present Moving Average for the last 50 days of trading for this stock 62.53, while it was recorded at 54.18 for the last single week of trading, and 72.40 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 +0.35 and a Gross Margin at +13.41. JD.com Inc.’s Net Margin is presently recorded at -0.37.

Return on Total Capital for JD is now 1.26, given the latest momentum, and Return on Invested Capital for the company is -1.61. Return on Equity for this stock declined to -1.80, with Return on Assets sitting at -0.77. When it comes to the capital structure of this company, JD.com Inc. [JD] has a Total Debt to Total Equity ratio set at 16.34. Additionally, JD Total Debt to Total Capital is recorded at 14.05, with Total Debt to Total Assets ending up at 6.88. Long-Term Debt to Equity for the company is recorded at 11.06, with the Long-Term Debt to Total Capital now at 9.51.

Receivables Turnover for the company is 59.68 with a Total Asset Turnover recorded at a value of 2.07.JD.com Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.40.

Earnings analysis for JD.com Inc. [JD]

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 22.40%.

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

There are presently around $18,300 million, or 27.70% 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 53,729,171, which is approximately 5.065% of the company’s market cap and around 6.59% of the total institutional ownership; INVESCO LTD., holding 25,738,747 shares of the stock with an approximate value of $1.34 billion in JD stocks shares; and D1 CAPITAL PARTNERS L.P., currently with $659.97 million in JD stock with ownership of nearly -28.711% of the company’s market capitalization.

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 275 institutional holders increased their position in JD.com Inc. [NASDAQ:JD] by around 34,635,394 shares. Additionally, 373 investors decreased positions by around 155,049,134 shares, while 109 investors held positions by with 161,960,416 shares. The mentioned changes placed institutional holdings at 351,644,944 shares, according to the latest SEC report filing. JD stock had 101 new institutional investments in for a total of 11,597,566 shares, while 114 institutional investors sold positions of 14,137,253 shares during the same period.