In the last trading session, 20.81 million Alibaba Group Holding Ltd ADR (NYSE:BABA) shares changed hands as the company’s beta touched 0.19. With the company’s per share price at $142.74 changed hands at -$4.83 or -3.27% during last session, the market valuation stood at $341.78B. BABA’s last price was a discount, traded about -3.99% off its 52-week high of $148.43. The share price had its 52-week low at $67.78, which suggests the last value was 52.52% up since then. When we look at Alibaba Group Holding Ltd ADR’s average trading volume, we note the 10-day average is 28.38 million shares, with the 3-month average coming to 28.03 million.
Analysts gave the Alibaba Group Holding Ltd ADR (BABA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.33. 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 12.89.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
Instantly BABA was in red as seen at the end of in last trading. With action 2.68%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 68.35%, with the 5-day performance at 2.68% in the green. However, in the 30-day time frame, Alibaba Group Holding Ltd ADR (NYSE:BABA) is 14.44% up. Looking at the short shares, we see there were 49.61 million shares sold at short interest cover period of 1.12 days.
The consensus price target for the stock as assigned by Wall Street analysts is 136, meaning bulls need a downside of -4.96% from its current market value. According to analyst projections, BABA’s forecast low is 110 with 164 as the target high. To hit the forecast high, the stock’s price needs a -14.89% plunge from its current level, while the stock would need to tank 22.94% for it to hit the projected low.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
Year-over-year growth is forecast to reach 6.20% 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 237.13B. 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 6.87%. 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 3.64%, but the outlook for the next 5-year period is at 9.16% per year.
BABA Dividends
Alibaba Group Holding Ltd ADR is expected to release its next quarterly earnings report on 2025-Feb-19. The 0.70% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 0.70% 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
If we look at who the major shareholders are, we find that insiders hold 0.01% of Alibaba Group Holding Ltd ADR shares while 14.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 14.54%. There are 14.54% institutions holding the Alibaba Group Holding Ltd ADR stock share, with JPMORGAN CHASE & CO the top institutional holder. As of 2024-06-30, the company held 0.4705% of the shares, roughly 11.61 million BABA shares worth $835.58 million.
BANK OF AMERICA CORP /DE/ holds the second largest percentage of outstanding shares, with 0.402% or 9.92 million shares worth $713.89 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard/Primecap Fund and Dodge & Cox International Stock Fund . With 12.38 shares estimated at $1.77 billion under it, the former controlled 0.52% of total outstanding shares. On the other hand, Dodge & Cox International Stock Fund held about 0.40% of the shares, roughly 9.57 shares worth around $1.37 billion.
