JD.com, Inc. (JD) ended the recent trading session at $27.45, demonstrating a +1.48% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.65%. Meanwhile, the Dow experienced a drop of 0.49%, and the technology-dominated Nasdaq saw a decrease of 0.96%.Shares of the company witnessed a gain of 14.81% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 4.2% and the S&P 500's gain of 3.27%.Analysts and investors ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional va ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about JD.com, Inc. (JD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JD.com, Inc. currently has an a ...

Despite a recent run-up in price thanks to an encouraging quarterly earnings report, JD.com (JD 3.58%) stock is still significantly undervalued. At least, that's the latest take on the company's shares by one analyst tracking the Chinese e-commerce specialist. Let's dig in to find out the reasoning behind this extremely bullish stance.Price target bump followed pleasing fourth-quarter resultsIn reaction to those earnings, HSBC prognosticator Charlene Liu made a small change to her price target on JD.com's s ...

Investors looking for stocks in the Internet - Commerce sector might want to consider either JD.com, Inc. (JD) or MercadoLibre (MELI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our S ...

Shares of JD.com, Inc. (JD) have gained 23.7% over the past four weeks to close the last trading session at $27.37, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $39.33 indicates a potential upside of 43.7%.The average comprises 15 short-term price targets ranging from a low of $24 to a high of $80, with a standard deviation of $14.30. While the lowest estimate indicates a dec ...

JD.com (JD US) Target Price US$52.00 (Previous TP US$52.00) Up/Downside 142.5% Current Price US$21.44 China Internet Saiyi HE, CFA (852) 3916 1739 hesaiyi@cmbi.com.hk Ye TAO franktao@cmbi.com.hk Wentao LU, CFA luwentao@cmbi.com.hk Stock Data Mkt Cap (US$ mn) 33,993.1 Avg 3 mths t/o (US$ mn) 354.7 52w High/Low (US$) 46.98/21.44 Total Issued Shares (mn) 1585.5 Source: FactSet Shareholding Structure Richard Qiangdong Liu 13.8% Max Smart Limitied 13.3% Source: HKEx Share Performance Absolute Relative 1-mth -11. ...

Investment Rating - The report assigns a **Neutral** rating to JD (JD US) [2] Core Views - JD's Q4 2023 performance exceeded expectations, with revenue surpassing both the report's and Bloomberg consensus estimates by 2% and adjusted net profit exceeding expectations by 28%/16% [33] - Total revenue grew 4% YoY, with JD Retail revenue increasing by 3% [33] - Adjusted net profit reached RMB 8.4 billion, with a net profit margin of 2.7%, up 10 basis points YoY, driven by platform ecosystem development and supply chain advantages [33] - Retail operating profit margin declined by 40 basis points to 2.6% due to adjustments in free shipping thresholds [33] - For 2023, total revenue grew 4% YoY, with a net profit margin of 3.2%, up 50 basis points YoY [33] - Management reiterated the 2024 target of retail GMV and revenue growth exceeding the social retail growth rate (6%), with group profit and retail operating profit expected to at least remain flat [34] - The report expects high single-digit growth in the large supermarket category in 2024, following the completion of business adjustments [34] - Retail profit margin is expected to decline by 50 basis points to 3.75% due to lower shipping thresholds, employee salary increases, and Spring Festival Gala investments [34] - The report raised the 2024 revenue forecast by 2% and slightly adjusted group net profit, maintaining a 10x 2024 retail P/E valuation and adjusting the target price to USD 28/HKD 109 (JD US/9618 HK, previously USD 30/HKD 115) [34] - The stock price rose 16% post-earnings, reflecting better-than-expected results and shareholder returns, but the report maintains a Neutral rating due to long-term industry competition and limited retail profit growth potential [34] Financial Performance Q4 2023 Highlights - Low-tier city users accelerated growth, with order volume/consumption frequency growing at double-digit rates, faster than the overall user base [1] - Product revenue increased 4% YoY, with electronics and home appliances growing 6%, exceeding the expected 1%, and continuing to gain market share [1] - Non-electronics categories turned positive, with supermarket categories bottoming out and home decor, sports, and apparel achieving double-digit growth [1] - Advertising and commission revenue decreased 5% YoY (excluding Dada impact), with commission revenue declining double digits due to new merchant incentives and category-specific commission reductions [1] - The company distributed USD 1.2 billion in cash dividends (dividend yield of 3.6%) and approved a new USD 3 billion share repurchase plan [1] Financial Metrics - Revenue for 2023 reached RMB 1,084.7 billion, up 3.7% YoY, with net profit of RMB 40.4 billion, up 43.8% YoY [11] - EPS for 2023 was RMB 25.50, up 43.8% YoY [11] - Adjusted EBITDA margin for 2023 was 4.4%, with an adjusted net profit margin of 3.7% [11] - For 2024E, revenue is expected to grow 8.5% YoY to RMB 1,176.9 billion, with net profit expected to decline 9.6% YoY to RMB 36.5 billion [11] - The P/E ratio for 2024E is 7.8x, with a P/B ratio of 0.99x [11] Q4 2023 Detailed Performance - Total revenue grew 4% YoY to RMB 306.1 billion, exceeding the Bloomberg consensus estimate of RMB 299.9 billion [14] - Product revenue grew 4% YoY to RMB 246.5 billion, with electronics revenue up 6% YoY to RMB 150.4 billion [14] - Service revenue grew 3% YoY to RMB 59.6 billion, with advertising revenue declining 4% YoY to RMB 23.6 billion [14] - Adjusted operating profit declined 30% QoQ but grew 7% YoY to RMB 7.8 billion, with an adjusted operating profit margin of 2.5% [14] - Adjusted net profit attributable to ordinary shareholders grew 10% YoY to RMB 8.4 billion, exceeding the report's expectation by 27% [14] Industry and Competitive Landscape - The report highlights JD's focus on user growth and market share expansion in 2024, with potential fluctuations in profit margins [10] - The company's strategy revolves around enhancing user experience and increasing market share, which may lead to margin compression [34] - The report notes that JD's performance in low-tier cities and its ability to gain market share in electronics and home appliances are key strengths [1][14] - However, the competitive landscape remains intense, with long-term retail profit growth potential under scrutiny [34]

China-based e-commerce stock JD.com Inc (NASDAQ:JD) is soaring today, up 17.4% at $25.16 at last glance. The company beat fourth-quarter revenue estimates due to heavy demand and announced a $3 billion share repurchase program. Sharp discounts helped results, as "Singles Day" -- the largest annual Chinese shopping festival -- attracted consumers amid an uncertain economy. Today's bull gap has JD trading at its highest levels since early January. Grappling with its 100-day moving average, which capped its la ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...