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JD.com, Inc. (JD) Gains But Lags Market: What You Should Know

JD.com, Inc. (JD) closed the most recent trading day at $57.05, moving +0.19% from the previous trading session. This move lagged the S&P 500's daily gain of 1.73%. At the same time, the Dow added 1.27%, and the tech-heavy Nasdaq gained 0.06%.

Heading into today, shares of the company had lost 6.72% over the past month, lagging the Retail-Wholesale sector's gain of 12.18% and the S&P 500's gain of 9.34% in that time.

Wall Street will be looking for positivity from JD.com, Inc. as it approaches its next earnings report date. This is expected to be August 23, 2022. On that day, JD.com, Inc. is projected to report earnings of $0.46 per share, which would represent year-over-year growth of 2.22%. Our most recent consensus estimate is calling for quarterly revenue of $41.04 billion, up 4.39% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.86 per share and revenue of $159.2 billion. These totals would mark changes of +10.06% and +7.89%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for JD.com, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. JD.com, Inc. is currently sporting a Zacks Rank of #3 (Hold).

Digging into valuation, JD.com, Inc. currently has a Forward P/E ratio of 30.61. This represents a premium compared to its industry's average Forward P/E of 28.43.

The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 160, putting it in the bottom 37% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow JD in the coming trading sessions, be sure to utilize Zacks.com.


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