Professional
Added to YB: 2024-03-11
Pitch date: 2024-03-07
JD [bullish]
JD.com, Inc.
+20.82%
current return
Author Info
No bio for this author
Company Info
JD.com, Inc. operates as a supply chain-based technology and service provider in the People’s Republic of China.
Market Cap
$266.1B
Pitch Price
$22.57
Price Target
46.00 (+69%)
Dividend
3.68%
EV/EBITDA
3.88
P/E
8.81
EV/Sales
0.14
Sector
Broadline Retail
Category
growth
JD.com, Inc.: New USD 3 Billion Share Buyback Program and Investment Plan Sensible
$JD: Earnings beat & USD 3B buyback; Fair value: $46. China e-comm underpriced; prefer JD for turnaround & logistics edge. Investment in customer experience may pressure margins but boosts long-term value. Expanded free shipping/returns to increase user base. High ecommerce competition & potential US regulatory challenges, yet exemplary capital allocation & low debt. With integral quality logistics, JD.com set for growth & margin expansion. [Analyst: Chelsey Tam]
Read full article (13 min)