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Should Investors Buy the Dip in Warner Bros. Discovery Stock?

3 years 10 months ago
Warner Bros. Discovery (NASDAQ: WBD) posted a disappointing third-quarter report on Nov. 3. The media company's revenue declined 11% year over year (down 8% in constant-currency terms) to $9.82 billion, which missed analysts' estimates by $520 million. Its adjusted earnings befor
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BABA, JD, TJX: Website Traffic Eases Worry, Ahead of Earnings

3 years 10 months ago
Alibaba ( NYSE:BABA ), JD.com ( NASDAQ:JD ), and TJX Companies ( NYSE:TJX ) will announce their quarterly results this week. While macro challenges and their impact on consumption remain a concern, TipRanks’  Website Traffic screener shows sequential growth in web visit trends for all three, implying that these companies could produce improved financials. Website Screener: Leading Indicator of Future Stock Behavior It's important to monitor a company's website domains' performance, as it helps investors analyze how the changes in consumer behavior might affect the upcoming earnings report and the company’s stock price. Take the example of Netflix ( NASDAQ:NFLX ). Our Website Traffic screener showed ahead of its earnings that  NFLX’s web visits were rising. This translated into higher user engagement and better-than-expected paid subscriber additions. Thanks to the improvement, NFLX stock closed higher post the Q3 earnings report. Let's take a look at how BABA, JD, and TJX are faring in their website traffic, ahead of earnings. Alibaba   Our screener shows that things are improving for Alibaba, which has struggled amid a slowdown in consumption and heightened competition. TipRanks’ Website Traffic screener shows that the number of visits to alibaba.com and its two other websites (aliexpress.com and taobao.com)  increased 36.4% (sequentially) for the September ending (Q2) quarter.  The impact of improving traffic is also reflected in Alibaba’s strong performance during the 11.11 Global Shopping Festival. The company announced that its GMV (Gross Merchandise Volume) performance was in line with the prior year despite macro concerns.   Alibaba is scheduled to announce its Q2 financials on November 17. Alibaba has exceeded analysts’ earnings estimates in the last three consecutive quarters. As for Q2, analysts expect Alibaba to  post earnings of $1.67 a share.  Is BABA a Buy or Hold? On TipRanks, BABA stock is a Strong Buy. It has nine unanimous Buy recommendations. Moreover, given the slump in BABA stock over the past year, analysts’ price target of $137.78 implies 94.7% upside potential.  However, with hedge funds selling a whopping 12.7M BABA stock last quarter, it has an  Underperform Smart Score of two out of 10.  JD.com Like Alibaba, traffic trends have shown solid improvement for JD.com. Per the TipRanks’ Website Traffic tool, the number of visits to jd.com and its other website (aihuishou.com)  increased by 38.8% in Q3 over the previous quarter.  The improvement in traffic led to a strong performance during the recently concluded 2022 Singles’ Day Grand Promotion event. JD.com highlighted that the growth rate exceeded the industry average during the period (from October 31 to November 11). JD.com is set to report its Q3 financial results on November 18. The company has surpassed analysts’ earnings estimate in the last four consecutive quarters. As for Q3, analysts expect JD.com to post  earnings of $0.68 a share, reflecting an increase from the prior year and the previous quarter. Is JD.com a Good Stock to Buy? On TipRanks, JD.com stock has a Strong Buy consensus rating based on 12 Buy and one Hold recommendations. Meanwhile, analysts’ average price target of $80.15 implies 63.8% upside potential.  While analysts are bullish, hedge funds sold 18.7M JD stock last quarter. Overall, JD stock has a  Neutral Smart Score of seven on 10.  TJX Companies This off-price home fashion and apparel retailer has benefited from its value proposition. The company has delivered strong financials so far despite the challenging retail environment. Our website traffic tool shows that the momentum in its business has sustained in Q3. However, tough year-over-year comparisons could hurt TJX’s sales growth.  Per the tool, the visits to tjmaxx.com and its two other websites (marshalls.com and sierra.com) g rew 19.2% quarter-over-quarter in Q3.  TJX will announce its Q3 financials on November 16. Analysts expect TJX to  post earnings of $0.80 a share in Q3, reflecting an increase over the previous quarter. However, EPS could decline year-over-year due to the tough year-over-year comparisons. Is TJX a Buy, Sell, or Hold?  TJX stock is a Strong Buy on TipRanks based on 12 Buy and two Hold recommendations. Further, analysts’ average price target of $78.07 implies 5.6% upside potential.  While insiders have sold TJX stock worth $11.9M in the last three months, it carries an Outperform Smart Score of nine on 10.  Bottom Line  Website traffic trends are pointing to a recovery in the financials of these companies. As BABA and JD stocks have corrected quite a lot, any improvement in their financials could significantly lift their stock prices. Meanwhile, TJX has outperformed the benchmark index over the past six months and faces tough comparisons. Nevertheless, TJX is expected to gain from its attractive pricing, which could support the uptrend in its stock.  Disclosure 
TipRanks

BABA, JD, TJX: Website Traffic Eases Worry, Ahead of Earnings

3 years 10 months ago

Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), and TJX Companies (NYSE:TJX) will announce their quarterly results this week. While macro challenges and their impact on consumption remain a concern, TipRanks’ Website Traffic screener shows sequential growth in web visit trends for all three, implying that these companies could produce improved financials.

Website Screener: Leading Indicator of Future Stock Behavior

It's important to monitor a company's website domains' performance, as it helps investors analyze how the changes in consumer behavior might affect the upcoming earnings report and the company’s stock price.

Take the example of Netflix (NASDAQ:NFLX). Our Website Traffic screener showed ahead of its earnings that NFLX’s web visits were rising. This translated into higher user engagement and better-than-expected paid subscriber additions. Thanks to the improvement, NFLX stock closed higher post the Q3 earnings report.

Let's take a look at how BABA, JD, and TJX are faring in their website traffic, ahead of earnings.

Alibaba  

Our screener shows that things are improving for Alibaba, which has struggled amid a slowdown in consumption and heightened competition. TipRanks’ Website Traffic screener shows that the number of visits to alibaba.com and its two other websites (aliexpress.com and taobao.com) increased 36.4% (sequentially) for the September ending (Q2) quarter. 

The impact of improving traffic is also reflected in Alibaba’s strong performance during the 11.11 Global Shopping Festival. The company announced that its GMV (Gross Merchandise Volume) performance was in line with the prior year despite macro concerns.  

Alibaba is scheduled to announce its Q2 financials on November 17. Alibaba has exceeded analysts’ earnings estimates in the last three consecutive quarters. As for Q2, analysts expect Alibaba to post earnings of $1.67 a share. 

Is BABA a Buy or Hold?

On TipRanks, BABA stock is a Strong Buy. It has nine unanimous Buy recommendations. Moreover, given the slump in BABA stock over the past year, analysts’ price target of $137.78 implies 94.7% upside potential. 

However, with hedge funds selling a whopping 12.7M BABA stock last quarter, it has an Underperform Smart Score of two out of 10. 

JD.com

Like Alibaba, traffic trends have shown solid improvement for JD.com. Per the TipRanks’ Website Traffic tool, the number of visits to jd.com and its other website (aihuishou.com) increased by 38.8% in Q3 over the previous quarter. 

The improvement in traffic led to a strong performance during the recently concluded 2022 Singles’ Day Grand Promotion event. JD.com highlighted that the growth rate exceeded the industry average during the period (from October 31 to November 11).

JD.com is set to report its Q3 financial results on November 18. The company has surpassed analysts’ earnings estimate in the last four consecutive quarters. As for Q3, analysts expect JD.com to post earnings of $0.68 a share, reflecting an increase from the prior year and the previous quarter.

Is JD.com a Good Stock to Buy?

On TipRanks, JD.com stock has a Strong Buy consensus rating based on 12 Buy and one Hold recommendations. Meanwhile, analysts’ average price target of $80.15 implies 63.8% upside potential. 

While analysts are bullish, hedge funds sold 18.7M JD stock last quarter. Overall, JD stock has a Neutral Smart Score of seven on 10. 

TJX Companies

This off-price home fashion and apparel retailer has benefited from its value proposition. The company has delivered strong financials so far despite the challenging retail environment. Our website traffic tool shows that the momentum in its business has sustained in Q3. However, tough year-over-year comparisons could hurt TJX’s sales growth. 

Per the tool, the visits to tjmaxx.com and its two other websites (marshalls.com and sierra.com) grew 19.2% quarter-over-quarter in Q3. 

TJX will announce its Q3 financials on November 16. Analysts expect TJX to post earnings of $0.80 a share in Q3, reflecting an increase over the previous quarter. However, EPS could decline year-over-year due to the tough year-over-year comparisons.

Is TJX a Buy, Sell, or Hold? 

TJX stock is a Strong Buy on TipRanks based on 12 Buy and two Hold recommendations. Further, analysts’ average price target of $78.07 implies 5.6% upside potential. 

While insiders have sold TJX stock worth $11.9M in the last three months, it carries an Outperform Smart Score of nine on 10. 

Bottom Line 

Website traffic trends are pointing to a recovery in the financials of these companies. As BABA and JD stocks have corrected quite a lot, any improvement in their financials could significantly lift their stock prices. Meanwhile, TJX has outperformed the benchmark index over the past six months and faces tough comparisons. Nevertheless, TJX is expected to gain from its attractive pricing, which could support the uptrend in its stock. 

Disclosure 

TipRanks

Should Investors Buy the Dip On Disney Stock?

3 years 10 months ago
Amid a stock market sell-off in 2022, Disney (NYSE: DIS) shares have fallen 44% since January. The company's fourth-quarter earnings release on Nov. 8 was a bit of a mixed bag, as its parks revenue soared, but its media segment took some concerning hits.
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Is Now the Right Time to Buy Disney Stock?

3 years 10 months ago
The Walt Disney Company (NYSE: DIS) released what can be described as a mixed fourth-quarter earnings report on Tuesday that tells a story of both growth and struggles. The stock initially jumped after the report, but it has since sagged. Disney stock is now down 48% over the pas
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Stock Market News for Nov 11, 2022

3 years 10 months ago
U.S. stocks closed sharply higher on Thursday to record their biggest single-day percentage gains in more than two years as economic data for October suggested inflation may be peaking. Also, falling treasury yields once again sparked speculation that the Fed might now go
Zacks

Disney is Down 50% From Its High. Time to Buy?

3 years 10 months ago
It would be hard to look at the media properties owned by The Walt Disney Company (NYSE: DIS) and not be impressed. From Star Wars to Mickey Mouse, the company owns iconic brands. So why is the stock down 50% since a recent peak in early 2021? Although it's too soon to make a fin
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Disney+ Isn't Apt to Boost Disney Stock Anytime Soon

3 years 10 months ago
If Disney+ is the top reason you own Walt Disney (NYSE: DIS) stock right now, you're likely to be a bit frustrated. The company's flagship streaming service, along with its ESPN+ and Hulu platforms, are still adding subscribers, but the pace of this growth is slowing at the same
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Is Disney Stock a Buy Now?

3 years 10 months ago
Disney (NYSE: DIS) has been spending tens of billions of dollars building content for its streaming services, and investors are getting tired of the spending after the company's third-quarter 2022 earnings report. But is this the right move long-term?
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3 Things Investors Should Know Before Buying Roku Stock

3 years 10 months ago
From its initial public offering in Sept. 2017 until hitting an all-time high in July 2021, Roku (NASDAQ: ROKU) shares produced a monumental return of more than 3,000%, absolutely crushing the Nasdaq Composite during the same period. In the past year, however, it has been a diffe
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