JD.com (JD) Narrows Q2 Loss to RMB0.01/Share; Guides Q3 Revs
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JD.com (JD) Taps New High on Strong Volume
August 19, 2014 9:55 AM EDTJD.com (NASDAQ: JD) is seeing strong early gains on solid volume. Shares are up 4.5% to a new high of $31.40.
Analysts were positive on the company following earnings late last week. SunTrust Robinson Humphrey's Robert Peck reiterated a Buy rating and $35 price target Monday,... More
Cowen Comments on JD.com (JD) Following Q2 Results; Affirms 'Market Perform' Rating
August 18, 2014 8:12 AM EDTCowen and Company affirms JD.com (Nasdaq: JD) at Market Perform with a price target of RMB31 following Q2 results.
Analyst John Blackledge noted that JD's Q2 results were solid with GMV growth of 107% y/y and net revenues up 64 percent y/y, 9 percent better than our estimates. Results were modestly offset by higher cost, but JD is appropriately investing and demonstrating solid traction in all key growth metrics. We tweaked est's modestly... More
