JD.com, Inc. (JD) ended the recent trading session at $44.14, demonstrating a +0.71% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.77%. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.87%.

Shares of the company witnessed a gain of 67.04% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.56% and the S&P 500's gain of 4.87%.

The upcoming earnings release of JD.com, Inc. will be of great interest to investors. The company's earnings per share (EPS) are projected to be $1.03, reflecting a 11.96% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $36.33 billion, up 7.01% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $3.98 per share and a revenue of $158.45 billion, demonstrating changes of +27.56% and +4.14%, respectively, from the preceding year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for JD.com, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.27% higher within the past month. JD.com, Inc. is currently a Zacks Rank #1 (Strong Buy).

Digging into valuation, JD.com, Inc. currently has a Forward P/E ratio of 11.01. This denotes a discount relative to the industry's average Forward P/E of 22.87.

One should further note that JD currently holds a PEG ratio of 0.62. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Internet - Commerce industry had an average PEG ratio of 0.82.

The Internet - Commerce industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 55, this industry ranks in the top 22% of all industries, numbering over 250.