Alibaba Group Holding Ltd ADR (NYSE:BABA)’s traded shares stood at 2.63 million during the latest session, with the company’s beta value hitting 0.29. At the last check today, the stock’s price was $84.62, to imply a decrease of -1.70% or -$1.46 in intraday trading. The BABA share’s 52-week high remains $117.82, putting it -39.23% down since that peak but still an impressive 21.92% since price per share fell to its 52-week low of $66.07. The company has a valuation of $202.61B, with an average of 13.17 million shares in intraday trading volume over the past 10 days and average of 19.14 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Alibaba Group Holding Ltd ADR (BABA), translating to a mean rating of 1.49. Of 30 analyst(s) looking at the stock, 0 analyst(s) give BABA a Sell rating. 0 of those analysts rate the stock as Overweight while 9 advise Hold as 21 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 20.0.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
After registering a -1.70% downside in the latest session, Alibaba Group Holding Ltd ADR (BABA) has traded red over the past five days. The 5-day price performance for the stock is 0.37%, and -0.66% over 30 days. With these gigs, the year-to-date price performance is 10.10%. Short interest in Alibaba Group Holding Ltd ADR (NYSE:BABA) saw shorts transact 62.56 million shares and set a 2.58 days time to cover.
The extremes give us $108 and $137 for target low and target high price respectively. As such, BABA has been trading -61.9% off suggested target high and -27.63% from its likely low.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
Looking at statistics comparing Alibaba Group Holding Ltd ADR share performance against respective industry, we note that the company has underperformed competitors. Alibaba Group Holding Ltd ADR (BABA) shares are 17.53% up over the last 6 months, with its year-to-date growth rate lower than industry average at 7.89% against 16.30%. The rating firms project that company’s revenue will grow 6.24% compared to the previous financial year.
Revenue forecast for the current quarter as set by 21 analysts is 278.39B. Meanwhile, for the current quarter, a total of 19 analyst(s) estimate revenue growth to 240.56B.Earnings reports from the last fiscal year show that sales brought in 260.35B and 221.87B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.93% before jumping 8.42% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -2.72% for the past 5-year period. While 2024 is set for a 0.65% return in earnings, projections for the next 5 years are at 15.47% annually.
BABA Dividends
Alibaba Group Holding Ltd ADR has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Alibaba Group Holding Ltd ADR has a forward dividend ratio of 1.99, with the share yield ticking at 2.35% to continue the rising pattern observed over the past year.
Alibaba Group Holding Ltd ADR (NYSE:BABA)’s Major holders
The next major institution holding the largest number of shares is SANDERS CAPITAL, LLC with 18.4 million shares, or about 0.746% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.32 billion.
We also have Vanguard/Primecap Fund and Dodge & Cox International Stock Fund as the top two Mutual Funds with the largest holdings of the Alibaba Group Holding Ltd ADR (BABA) shares. Going by data provided on Sep 30, 2024 , Vanguard/Primecap Fund holds roughly 12.17 shares. This is just over 0.51% of the total shares, with a market valuation of $1.03 billion. Data from the same date shows that the other fund manager holds a little less at 12.05, or 0.51% of the shares, all valued at about 1.02 billion.
