Could JD.com Inc ADR (JD) stock price achieve new all-time highs if its expected earnings and revenue increase?

In yesterday’s Wall Street session, JD.com Inc ADR (NASDAQ:JD) shares traded at $33.29, down -4.20% from the previous session.

JD stock price is now 15.93% away from the 50-day moving average and 19.22% away from the 200-day moving average. The market capitalization of the company currently stands at $46.86B.

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With the price target enhanced from $26 to $40, Macquarie Upgraded its rating from Neutral to Outperform for JD.com Inc ADR (NASDAQ: JD). , while ‘UBS’ rates the stock as ‘Buy’

A total of 0.39% of the company’s stock is owned by insiders.

During the past 12 months, JD.com Inc ADR has had a low of $20.82 and a high of $41.95. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 1.15, and a quick ratio of 0.87. According to the stock market information, the enterprise value for the company is $65232658432, which is based on a 15.06 price-to-earnings ratio, a 0.85 price-to-earnings-growth ratio, and a beta of 0.50. The fifty day moving average price for JD is $28.861 and a two-hundred day moving average price translates $27.8935 for the stock.

The latest earnings results from JD.com Inc ADR (NASDAQ: JD) was released for 2024-03-31. According to the Internet Retail Company, earnings per share came in at 0.75, beating analysts’ expectations of 0.67 by 0.08. This compares to $0.57 EPS in the same period last year. The net profit margin was 2.27% and return on equity was 11.35% for JD. The company reported revenue of $36.02 billion for the quarter, compared to $35.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.81 percent. For the current quarter, analysts expect JD to generate $43.55B in revenue.

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