JD.com, Inc. (JD) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS·2024-11-04 23:46

Group 1 - JD.com, Inc. closed at $39.86, down 1.43% from the previous trading session, underperforming compared to the S&P 500's loss of 0.28% and the Dow's drop of 0.61 [1] - The company's shares have decreased by 13.9% over the last month, contrasting with the Retail-Wholesale sector's gain of 1.01% and the S&P 500's gain of 0.41% [1] Group 2 - JD.com is scheduled to release its earnings report on November 14, 2024, with an expected EPS of $1.09, reflecting an 18.48% growth year-over-year, and anticipated revenue of $36.54 billion, indicating a 7.64% increase from the same quarter last year [2] - For the annual period, the Zacks Consensus Estimates project earnings of $3.95 per share and revenue of $158.83 billion, representing increases of 26.6% and 4.39% respectively from the previous year [3] Group 3 - Recent shifts in analyst projections for JD.com are important to monitor, as positive estimate revisions can indicate a favorable business outlook [4] - Empirical research shows that estimate revisions correlate with stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Group 4 - JD.com currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 0.27% in the past month [6] - The company has a Forward P/E ratio of 10.25, which is below the industry average of 23.79, and a PEG ratio of 0.43 compared to the industry average of 1.25 [7] Group 5 - The Internet - Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [8]

JD.com, Inc. (JD) Falls More Steeply Than Broader Market: What Investors Need to Know - Reportify