JD.com Inc ADR (NASDAQ:JD) shares, rose in value, with the stock price down by -0.38% to the previous day’s close as strong demand from buyers drove the stock to $26.02.
Actively observing the price movement in the last trading, the stock closed the session at $26.12. The value of beta (5-year monthly) was 0.52 whereas the PE ratio was 12.08 over 12-month period. Referring to stock’s 52-week performance, its high was $41.95, and the low was $20.82. On the whole, JD has fluctuated by 4.46% over the past month.
The company’s Forward Dividend Ratio is 1.38, with its dividend yield at 5.30%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.65, which is expected to increase to $0.84 for fiscal year $3.16 and then to about $3.56 by fiscal year 2025. Data indicates that the EPS growth is expected to be 3.30% in 2025, while the next year’s EPS growth is forecast to be 12.70%.
Analysts have estimated the company’s revenue for the quarter at $35.66 billion, with a low estimate of $34.99 billion and a high estimate of $36.69 billion. According to the average forecast, sales growth in current quarter could jump up 6.00%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $160.22 billion, representing an increase of 6.90% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that JD’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.68, with the price of JD currently trading nearly -3.37% and 5.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.87, while the 7-day volatility ratio is showing 2.26% which for the 30-day chart, stands at 2.98%. Furthermore, JD.com Inc ADR (JD)’s beta value is 0.55, and its average true range (ATR) is 0.94.
A comparison of JD.com Inc ADR (JD) with its peers suggests the former has fared considerably weaker in the market. JD showed an intraday change of -0.38% in last session, and over the past year, it shrunk by -37.81%%.
Data on historical trading for JD.com Inc ADR (NASDAQ:JD) indicates that the trading volumes over the past 10 days have averaged 12.75 million and over the past 3 months, they’ve averaged 15.82 million. According to company’s latest data on outstanding shares, there are 1.36 billion shares outstanding.
Nearly 0.68% of JD.com Inc ADR’s shares belong to company insiders and institutional investors own 18.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 25.62 million shares as on Mar 15, 2024, resulting in a short ratio of 1.88. According to the data, the short interest in JD.com Inc ADR (JD) stood at 2.14% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 29.94 million. The stock has fallen by -9.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the JD stock heading into the next quarter.
