In This Article:
JD.com, Inc. JD shares soared 5.1% in the last trading session to close at $41.19. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.2% gain over the past four weeks.
JD.com is benefiting from its strong supply chain capabilities, extensive logistics infrastructure, and enhanced user experience, which drive cost efficiency, higher user engagement, and market expansion, particularly in lower-tier markets, while supporting sustained growth across categories like electronics, home appliances, and general merchandise.
This company is expected to post quarterly earnings of $0.90 per share in its upcoming report, which represents a year-over-year change of +20%. Revenues are expected to be $45.96 billion, up 6.6% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For JD.com, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on JD going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
JD.com is part of the Zacks Internet - Commerce industry. Travelzoo TZOO, another stock in the same industry, closed the last trading session 5.6% lower at $18.54. TZOO has returned -3.9% in the past month.
For Travelzoo , the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.31. This represents a change of +29.2% from what the company reported a year ago. Travelzoo currently has a Zacks Rank of #3 (Hold).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
JD.com, Inc. (JD) : Free Stock Analysis Report
Travelzoo (TZOO) : Free Stock Analysis Report