In today’s session JD.Com Inc(ADR) (JD) registered an unusually high (4,566) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious JD increase. With 4,566 contracts traded and 270704 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: JD170120C00027000 closed last at: $2.49 or 55.6% up. About 6.25M shares traded hands. JD.Com Inc(ADR) (NASDAQ:JD) has risen 9.14% since March 3, 2016 and is uptrending. It has outperformed by 0.80% the S&P500.
Analysts await JD.Com Inc(ADR) (NASDAQ:JD) to report earnings on November, 21. They expect $-0.06 earnings per share, 0.00% or $0.00 from last year’s $-0.06 per share. After $-0.03 actual earnings per share reported by JD.Com Inc(ADR) for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.
JD.Com Inc(ADR) (NASDAQ:JD) Ratings Coverage
Out of 13 analysts covering JD.com (NASDAQ:JD), 9 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 69% are positive. $43 is the highest target while $21 is the lowest. The $33.72 average target is 24.66% above today’s ($27.05) stock price. JD.com has been the topic of 19 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was initiated by TH Capital with “Buy” on Tuesday, August 4. The stock of JD.Com Inc(ADR) (NASDAQ:JD) earned “Outperform” rating by Macquarie Research on Tuesday, August 11. As per Wednesday, August 31, the company rating was initiated by JP Morgan. M Partners downgraded the shares of JD in a report on Tuesday, September 20 to “Neutral” rating. As per Thursday, December 17, the company rating was upgraded by Morgan Stanley. On Friday, November 6 the stock rating was initiated by Goldman Sachs with “Buy”. As per Thursday, August 11, the company rating was maintained by Jefferies. The stock of JD.Com Inc(ADR) (NASDAQ:JD) has “Buy” rating given on Tuesday, December 15 by M Partners. On Thursday, August 6 the stock rating was initiated by TH Capital with “Buy”. Nomura upgraded JD.Com Inc(ADR) (NASDAQ:JD) rating on Friday, January 22. Nomura has “Buy” rating and $35 price target.
According to Zacks Investment Research, “JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China.”
JD.com, Inc. is an online direct sales company. The company has a market cap of $39.67 billion. The Firm engages in the sale of electronics and home appliance products and general merchandise products sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It currently has negative earnings. It also offers an online marketplace that enables third-party sellers to sell their products to clients on the Company’s Website.
JD Company Profile
JD.com, Inc., incorporated in January 2014, is an online direct sales company. The Firm engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It also offers an online marketplace that enables third-party sellers to sell their products to clients on the Company’s Website. The Firm operates through the provision of a single class of services for accelerating and improving the delivery of its products over the Internet. The Firm also offers online and in-person payment options and customer services. The Firm operates approximately 210 warehouses with an aggregate gross floor area of approximately four million square meters in over 50 cities.
More news for JD.Com Inc(ADR) (NASDAQ:JD) were recently published by: Schaeffersresearch.com, which released: “Buzz Stocks: Twitter Inc, Wal-Mart Stores, Inc., and JD.Com Inc (ADR)” on October 06, 2016. Investorplace.com‘s article titled: “JD.Com Inc(ADR): JD Stock Gets Some Much-Needed Relief” and published on August 10, 2016 is yet another important article.
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