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JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
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In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $44.67, marking a +0.52% move from the previous day. This change lagged the S&P 500's 1.14% gain on the day. At the same time, the Dow added 1.12%, and the tech-heavy Nasdaq gained 0.05%.
Investors will be hoping for strength from JD.com, Inc. as it approaches its next earnings release. In that report, analysts expect JD.com, Inc. to post earnings of $0.63 per share. This would mark year-over-year growth of 28.57%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $34.59 billion, up 1.92% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.18 per share and revenue of $150.42 billion, which would represent changes of +28.99% and +1.94%, respectively, from the prior year.
Any recent changes to analyst estimates for JD.com, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.6% higher. JD.com, Inc. is currently a Zacks Rank #1 (Strong Buy).
Looking at its valuation, JD.com, Inc. is holding a Forward P/E ratio of 20.43. This valuation marks a discount compared to its industry's average Forward P/E of 21.46.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 52, putting it in the top 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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JD.com, Inc. (JD) Gains But Lags Market: What You Should Know
In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $44.67, marking a +0.52% move from the previous day. This change lagged the S&P 500's 1.14% gain on the day. At the same time, the Dow added 1.12%, and the tech-heavy Nasdaq gained 0.05%.
Investors will be hoping for strength from JD.com, Inc. as it approaches its next earnings release. In that report, analysts expect JD.com, Inc. to post earnings of $0.63 per share. This would mark year-over-year growth of 28.57%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $34.59 billion, up 1.92% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.18 per share and revenue of $150.42 billion, which would represent changes of +28.99% and +1.94%, respectively, from the prior year.
Any recent changes to analyst estimates for JD.com, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.6% higher. JD.com, Inc. is currently a Zacks Rank #1 (Strong Buy).
Looking at its valuation, JD.com, Inc. is holding a Forward P/E ratio of 20.43. This valuation marks a discount compared to its industry's average Forward P/E of 21.46.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 52, putting it in the top 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.