JD.com Inc ADR [JD] stock is trading at $24.75, up 3.17%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The JD shares have gain 7.61% over the last week, with a monthly amount glided 7.38%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, JD.com Announces Fourth Quarter and Full Year 2023 Results, Annual Dividend and Share Repurchase Program. In a post published today on Yahoo Finance, JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months and the full year ended December 31, 2023 and an annual cash dividend for the year ended December 31, 2023. The company also announced the adoption of a new share repurchase program under which the company may repurchase up to US$3.0 billion worth of its shares (including ADSs) over the next 36 months through March 2027.
From an analyst’s perspective:
JD.com Inc ADR [NASDAQ: JD] stock has seen the most recent analyst activity on November 01, 2023, when UBS upgraded its rating to a Buy and also revised its price target to $39 from $40. Previously, Bernstein downgraded its rating to Mkt Perform on October 16, 2023, and dropped its price target to $31. On October 13, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $33 on the stock. Macquarie downgraded its rating to a Neutral and decreased its price target to $32 on October 13, 2023. UBS downgraded its rating to a Neutral and reduced its price target to $43 on April 13, 2023. Loop Capital downgraded its rating to Hold for this stock on March 31, 2023, and downed its price target to $49. In a note dated May 16, 2022, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $40 to $58.
JD.com Inc ADR [JD] stock has fluctuated between $20.82 and $47.41 over the past year. Currently, Wall Street analysts expect the stock to reach $95.62 within the next 12 months. JD.com Inc ADR [NASDAQ: JD] shares were valued at $24.75 at the most recent close of the market. An investor can expect a potential return of 286.34% based on the average JD price forecast.
Analyzing the JD fundamentals
JD.com Inc ADR [NASDAQ:JD] reported sales of 153.05B for the trailing twelve months, which represents a growth of 1.99%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.11 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.04 points at the first support level, and at 23.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.21, and for the 2nd resistance point, it is at 25.66.
JD.com Inc ADR [JD] reported earnings per share of $0.74 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.62/share, meaning a difference of $0.12 and a surprise factor of 19.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.93 per share as compared to estimates of $0.8 per share, a difference of $0.13 representing a surprise of 16.20%.
Ratios To Look Out For
For context, JD.com Inc ADR’s Current Ratio is 1.16. Further, the Quick Ratio stands at 0.89, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 1.24 and price to earnings (TTM) ratio is 11.49.
