Earnings season has just begun and investors are eager to know the results for the December quarter. Last year was not a good year, though there were some bright spots, but stock prices plummeted. Even after a difficult year, the forecaster expects average revenue growth for the full year of 4%.
For the experienced retail investor, there are signals that can help spot companies showing signs of solid earnings. Analyst consensus rating is 1. A strong buy is always worth noting. His web traffic for companies may also indicate the health of the company. Exciting companies with the potential to generate healthy returns for investors will also attract attention in web searches. Also, tracking his web traffic on the site might give you hints that complement other, more traditional metrics.
Use TipRanks’ website traffic tool to monitor your company’s site traffic and see data on site visits, mobile traffic and monthly unique users. Data like this gives us an interesting profile when starting to look at stocks. So, using website traffic and other data, let’s take a look at some of the “strong buy” stocks with earnings coming up soon.
JD.com Inc. (JD)
Let’s start in the e-commerce realm, where Beijing-based JD.com is a major player in China’s retail market. The company is China’s largest retailer and largest online retailer, boasting a market capitalization of approximately $94 billion. The company operates as his B2C and offers a wide range of products from apparel to cosmetics to electronics to groceries. The company’s network covers his 99% of China’s population and also offers same-day and next-day delivery. At JD’s base he has over 588 million customers and the company is known as a leader in his e-commerce logistics.
This leadership position can be seen in JD’s last quarterly report from Q3 2022. The report shows revenue of $34.2 billion, an increase of 11.4% year-over-year. The company’s services revenue accounted for his $6.5 billion in that total, leading profits with a 42.2% year-over-year increase. Operating cash flow for the quarter was $6.4 billion, up 11% year-over-year.
JD’s strong earnings are underpinned by strong annual active customer growth. In his 12-month period ending September 30, 2022, the company’s customer base grew by 6.5% year-on-year to reach 588.3 million.
Looking at the company’s website traffic, we can see that the number of visits to the site is on the rise. The last reported third quarter data had a total of 24.3 million visits, including 15.4 million on desktop devices and 8.9 on mobile units. Overall visits increased by more than 34% year-on-year, followed by a further 31% year-on-year increase and a 9.5% increase in the fourth quarter, reaching a total of 26.67 million. Looking a little further ahead, January’s data should be interesting. Traffic during the Lunar New Year holidays will also be included.
JD plans to report fourth quarter 2022 and fiscal 2022 numbers in early March.
The shares were reviewed by HSBC analyst Charlene Liu. he wrote: Compared to 2022e, the improvement is likely to be more modest. This is because as the economy improves, cost-cutting efforts have lagged behind, increasing marketing expenses to drive better growth. We remain positive on his JD’s commitment to deliver consistent shareholder returns through share buybacks and dividends that support valuations. “
From this stance, Liu gives JD stock a buy rating, with a price target of $82, suggesting a 40% chance of upside over the course of the year. (To see Liu’s achievements, click here)
Big tech companies usually get the attention of Wall Street, and JD.com recently recorded 14 analyst reviews. These include 13 buys against his one hold for a strong buy consensus rating. The stock traded at $58.52, with an average target price of $81.35, and is expected to grow 39% over the next year. (See JD stock forecast on TipRanks)
blade air mobility (BLDE)
Next on the list is Blade Air Mobility, a compelling company. The company is part of a new urban air transportation niche, offering customers a unique air travel experience, offering flexible schedules, multimodal commuter travel options, and private lounges at key terminal locations. . Blade operates helicopter and jet charter routes, and from Manhattan he reserves scheduled flights in the NYC metropolitan area to JFK or Newark airports with seat assignments. Pacific Northwest connecting Vancouver and Victoria in British Columbia. It even lies between Nice and Monaco in the south of France. The company also allows charter or crowdsourced flights to locations around the world.
As mentioned earlier, flights today are by helicopter or charter jet, but Blade plans for urban air travel to adopt electric vertical aircraft (EVA) in the future. The company works with investors and partners involved in developing carbon-neutral urban flight.
Blade will go public via a SPAC transaction in 2021 and has seen steady revenue growth since then. In our last report for the third quarter of 2022, the top line had him at $45.7 million, up 125% year over year. In his first three quarters of 2022, the company’s revenue was $108 million, up a whopping 154% from the same period in 2021.
The gain was driven by a 52% year-over-year increase in short-haul revenue, reflecting a combination of strong demand and higher prices in Europe and Canada. The company’s medical transportation services, used to move organs for urgent medical needs, grew 801% year-on-year, fueled by new transplant center clients and “solid” growth within its network. showed revenue growth.
Blade’s website traffic increased sharply from October to December 2022, jumping from approximately 50,000 to over 137,000. Q4 2022 unique users (UV) totaled 270,430, up 84% from 146,960 in Q4 2022.
Stephen Ju, Five-Star Analyst at Credit Suisse, notes the company’s solid performance and the high potential offered by the future switch to EVA. Ju wrote of his Blade: Blade’s market share remains below 1% across NYC’s airport operations (27mm passenger capacity), making it attractive in the coming years, especially as travel times are reduced from about two hours to five minutes for him. Provides growth opportunities. “
“While the timeline for EVA (Electric Vertical Aircraft) FAA approval remains uncertain, the Blade will test fly with Beta Technologies in the first quarter of 2023, demonstrating a significant noise profile compared to helicopters currently in use. So the chances are here that Blade will get regulatory approval to operate closer to consumers, reducing flyer friction and ultimately increasing over time. We need to unlock users,” the analyst continued.
Ju gives Blade an Outperform (that is, Buy) rating and sets a price target of $10. (To see Ju’s achievements, click here)
This cutting-edge mobility company has lost some of its prominence. Recent analyst reviews have recorded only three for him. They are all positive, but give BLDE a strong buy consensus rating. Blade shares are selling at $4.19, with an average price target of $7.83 meaning an 87% gain is expected. (See his BLDE stock forecast on TipRanks)
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Disclaimer: The opinions expressed in this article are those of the featured analyst only. This content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.