Not A Good News For JD.com Inc. (NASDAQ: JD): The Stock Could Go Down -1131.77 Percent More

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The trading price of JD.com Inc. (NASDAQ:JD) floating lower at last check on Tuesday, January 04, closing at $63.62, -6.89% lower than its previous close.

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Traders who pay close attention to intraday price movement should know that it has been fluctuating between $66.87 and $69.49. The company’s P/E ratio in the trailing 12-month period was 26.99, while its 5Y monthly beta was 0.80. In examining the 52-week price action we see that the stock hit a 52-week high of $108.29 and a 52-week low of $61.65. Over the past month, the stock has lost -19.10% in value.


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JD.com Inc., whose market valuation is $101.70 billion at the time of this writing, is expected to release its quarterly earnings report Aug 11, 2020 – Aug 17, 2020. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0.24 per share this quarter, however they have predicted annual earnings per share of $1.6 for 2021 and $2.12 for 2022. It means analysts are expecting annual earnings per share growth of -2.40% this year and 32.50% next year.

Analysts have forecast the company to bring in revenue of $43.68 billion for the current quarter, with the likely lows of $42.91 billion and highs of $44.35 billion. The average estimate suggests sales will likely up by 25.30% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2021 is $149.48 billion. The company’s revenue is forecast to grow by 28.90% over what it did in 2021.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of JD.com Inc. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest JD has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Sell.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned JD a recommendation rating is 48. Out of them, 3 rate it a Hold, while 38 recommend Buy, whereas 7 assign an Overweight rating. 0 analyst(s) have tagged JD.com Inc. (JD) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.14, which symbolizes a positive outlook. A quick review shows that JD’s price is currently -12.61% off the SMA20 and -19.63% off the SMA50. The RSI metric on the 14-day chart is currently showing 33.21, and weekly volatility stands at 4.28%. When measured over the past 30 days, the indicator reaches 4.29%. JD.com Inc. (NASDAQ:JD)’s beta value is currently sitting at 0.74, while the Average True Range indicator is currently displaying 3.76. With analysts defining $582.28-$783.65 as the low and high price targets, we arrive at a consensus price target of $677.58 for the trailing 12-month period. The current price is about -815.25% off the estimated low and -1131.77% off the forecast high, based on this estimate. Investors will be thrilled if JD’s share price rises to $669.09, which is the median consensus price. At that level, JD’s share price would be -951.7% below current price.

To see how JD.com Inc. stock has been performing today in comparison to its peers in the industry, here are the numbers: JD stock’s performance was -6.89% at last check in today’s session, and -20.85% in the past year, while LightInTheBox Holding Co. Ltd. (LITB) has been trading 5.83% in recent session and positioned -56.36% lower than it was a year ago. Another comparable company Alibaba Group Holding Limited (BABA) saw its stock trading -2.51% lower in today’s session but was down -47.17% in a year. Furthermore, Leju Holdings Limited (LEJU) showed a decrease of -6.39% today while its price kept declining at -60.91% over the past year. JD.com Inc. has a P/E ratio of 26.99, compared to LightInTheBox Holding Co. Ltd.’s 79.23 and Alibaba Group Holding Limited’s 16.97. Also during today’s trading, the S&P 500 Index has surged 0.11%, while the Dow Jones Industrial also saw a positive session, up 0.91% today.

An evaluation of the daily trading volume of JD.com Inc. (NASDAQ:JD) indicates that the 3-month average is 9.74 million.

Currently, records show that 1.55 billion of the company’s shares remain outstanding. The insiders hold 7.02% of outstanding shares, whereas institutions hold 37.10%. However, since the stock’s price has seen -2.48% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.