ZACKS·2024-06-03 14:06Core Viewpoint - JD.com has recently been trending in stock searches, with a notable decline of -9.9% in shares over the past month compared to the S&P 500's +5.1% and the Zacks Internet - Commerce industry's +3.4% [1] Earnings Estimate Revisions - The consensus earnings estimate for JD.com is $0.81 per share for the current quarter, reflecting a year-over-year increase of +9.5% and a +5% change over the last 30 days [3] - For the current fiscal year, the consensus earnings estimate is $3.33, indicating a +6.7% change from the previous year, with a +7.9% change in the last 30 days [3] - The next fiscal year's consensus earnings estimate is $3.62, showing an +8.9% change year-over-year, with a +2.7% change over the past month [3] - JD.com is rated Zacks Rank 1 (Strong Buy) due to significant changes in earnings estimates and other related factors [3] Revenue Growth - The consensus sales estimate for JD.com for the current quarter is $42.01 billion, indicating a year-over-year change of +5.8% [6] - For the current fiscal year, the sales estimate is $160.49 billion (+5.5%), and for the next fiscal year, it is $169.61 billion (+5.7%) [6] Last Reported Results - JD.com reported revenues of $36.02 billion in the last quarter, a year-over-year increase of +1.8%, with an EPS of $0.78 compared to $0.69 a year ago [7] - The reported revenues exceeded the Zacks Consensus Estimate of $35.75 billion by +0.75%, and the EPS surprise was +23.81% [7] - The company has consistently beaten consensus EPS and revenue estimates over the last four quarters [7] Valuation - JD.com is graded A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [10] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [8][9] Conclusion - The Zacks Rank 1 suggests that JD.com may outperform the broader market in the near term, making it a stock worth monitoring [11]