JD Remains Undervalued With a FVE of USD 36 per Share
We are lowering JD’s fair value estimate to $36 per share from $41, attributed to the slowing economy, weak home appliances sales, and more conservative margin assumptions in light of intense competition and weaker-than-expected margin growth. We estimate total revenue growth to be 26% in 2018, 20% in 2019, and 15% in 2020, reflecting the weaker macro environment, before rebounding to 20% in 2021 and 24% in 2022 as the economy recovers. We believe operating margins will gradually expand in the n...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.