In the latest trading session, 16.18 million Alibaba Group Holding Ltd ADR (NYSE:BABA) shares changed hands as the company’s beta touched 0.27. With the company’s most recent per share price at $140.71 changing hands around $6.7 or 5.00% at last look, the market valuation stands at $336.92B. BABA’s current price is a discount, trading about -3.26% off its 52-week high of $145.30. The share price had its 52-week low at $67.78, which suggests the last value was 51.83% up since then.
Analysts gave the Alibaba Group Holding Ltd ADR (BABA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.38. If we narrow down to specifics, the data shows that 0 out of 30 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 9 recommended BABA as a Hold, 21 felt it is a Buy and 0 rated the stock as Underweight. Alibaba Group Holding Ltd ADR’s EPS for the current quarter is expected to be 12.78.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
Instantly BABA is in green as seen in intraday trades today. With action 11.86%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 65.95%, with the 5-day performance at 11.86% in the green. However, in the 30-day time frame, Alibaba Group Holding Ltd ADR (NYSE:BABA) is 56.36% up.
The consensus price target for the stock as assigned by Wall Street analysts is 125.5, meaning bulls need a downside of -12.12% from its recent market value. According to analyst projections, BABA’s forecast low is 110 with 137 as the target high. To hit the forecast high, the stock’s price needs a 2.64% surge from its current level, while the stock would need to tank 21.83% for it to hit the projected low.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
Year-over-year growth is forecast to reach 6.19% up from the last financial year.
Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 237.04B. 5 analysts are of the opinion that Alibaba Group Holding Ltd ADR’s revenue for the current quarter will be 261.35B. The company’s revenue for the corresponding quarters a year ago was 221.87B and 243.24B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.84%. The estimates for the next quarter sales put growth at 7.45%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.72%. The 2025 estimates are for Alibaba Group Holding Ltd ADR earnings to increase by 3.56%, but the outlook for the next 5-year period is at 9.05% per year.
BABA Dividends
Alibaba Group Holding Ltd ADR is expected to release its next quarterly earnings report in March. The 0.71% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 0.71% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Alibaba Group Holding Ltd ADR (NYSE:BABA)’s Major holders
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 0.4365% or 10.77 million shares worth $775.22 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard/Primecap Fund and Dodge & Cox International Stock Fund. With 12.17 shares estimated at $1.73 billion under it, the former controlled 0.51% of total outstanding shares. On the other hand, Dodge & Cox International Stock Fund held about 0.51% of the shares, roughly 12.05 shares worth around $1.71 billion.
