Loop Capital slashes price target on JD.com Inc ADR [JD] – find out why.

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JD.com Inc ADR [NASDAQ: JD] stock went on an upward path that rose over 0.24% on Monday, amounting to a one-week price increase of more than 8.04%.

Over the last 12 months, JD stock rose by 36.60%. The one-year JD.com Inc ADR stock forecast points to a potential upside of 25.48. The average equity rating for JD stock is currently 1.36, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $51.89 billion, with 1.38 billion shares outstanding and 1.38 billion shares in the current float. Compared to the average trading volume of 17.81M shares, JD stock reached a trading volume of 7175818 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on JD.com Inc ADR [JD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JD shares is $50.28 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 1.36. 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.

Loop Capital have made an estimate for JD.com Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 21, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price from $33 to $36. The new note on the price target was released on August 16, 2024, representing the official price target for JD.com Inc ADR stock. Previously, the target price had yet another raise from $26 to $40, while Macquarie kept a Outperform rating on JD stock.

The Average True Range (ATR) for JD.com Inc ADR is set at 1.40, with the Price to Sales ratio for JD stock in the period of the last 12 months amounting to 0.33. The Price to Book ratio for the last quarter was 1.75, with the Price to Cash per share for the same quarter was set at 20.25.

JD Stock Performance Analysis:

JD.com Inc ADR [JD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.04. With this latest performance, JD shares dropped by -7.75% in over the last four-week period, additionally plugging by 25.32% over the last 6 months – not to mention a rise of 36.60% 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 51.88, with the RSI for the last a single of trading hit 56.53, and the three-weeks RSI is set at 51.46 for JD.com Inc ADR [JD]. The present Moving Average for the last 50 days of trading for this stock 39.13, while it was recorded at 36.38 for the last single week of trading, and 30.41 for the last 200 days.

Insight into JD.com Inc ADR Fundamentals:

JD.com Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.88 and a Current Ratio set at 1.17.

JD Stock EPS

With the latest financial reports released by the company, JD.com Inc ADR posted 5.3/share EPS, while the average EPS was predicted by analysts to be reported at 4.53/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.77. 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 ADR go to 14.08%.

JD.com Inc ADR [JD] Institutonal Ownership Details

The top three institutional holders of JD stocks are: DODGE & COX with ownership of 22.48 million shares, which is approximately 1.4377%. INVESCO LTD., holding 15.27 million shares of the stock with an approximate value of $$394.63 million in JD stocks shares; and INVESCO LTD., currently with $$300.31 million in JD stock with ownership which is approximately 0.7433%.