In today’s session JD.Com Inc(ADR) (JD) registered an unusually high (10,122) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious JD increase. With 10,122 contracts traded and 42514 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: JD161118C00030000 closed last at: $0.28 or 15.2% down. About 2.48 million shares traded hands. JD.Com Inc(ADR) (NASDAQ:JD) has declined 4.47% since March 14, 2016 and is downtrending. It has underperformed by 10.08% 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 14 analysts covering JD.com (NASDAQ:JD), 10 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 71% are positive. $43 is the highest target while $21 is the lowest. The $33.74 average target is 28.39% above today’s ($26.28) stock price. JD.com has been the topic of 20 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Nomura upgraded the stock to “Buy” rating in Friday, January 22 report. The rating was maintained by Stifel Nicolaus on Friday, October 14 with “Buy”. Morgan Stanley downgraded the shares of JD in a report on Monday, August 10 to “Overweight” rating. The stock of JD.Com Inc(ADR) (NASDAQ:JD) earned “Neutral” rating by Bank of America on Thursday, August 11. The stock has “Overweight” rating given by Morgan Stanley on Thursday, December 17. The stock of JD.Com Inc(ADR) (NASDAQ:JD) has “Buy” rating given on Thursday, August 11 by Nomura. The stock of JD.Com Inc(ADR) (NASDAQ:JD) has “Buy” rating given on Tuesday, November 10 by HSBC. As per Tuesday, May 10, the company rating was downgraded by Credit Suisse. The stock has “Neutral” rating given by JP Morgan on Wednesday, August 31. The firm earned “Neutral” rating on Tuesday, September 20 by M Partners.
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 $38.26 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: Investorplace.com, which released: “Amazon.com, Inc. (AMZN) vs. JD.Com (JD) – Which Is the Better Growth Stock?” on October 11, 2016. Profitconfidential.com‘s article titled: “JD.com Inc (ADR): This Internet Stock Has Huge Upside Potential” and published on August 18, 2016 is yet another important article.
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