In today’s recent session, 5.4 million shares of the Alibaba Group Holding Ltd ADR (NYSE:BABA) have been traded, and its beta is 0.24. Most recently the company’s share price was $133.51, and it changed around $0.76 or 0.57% from the last close, which brings the market valuation of the company to $319.67B. BABA at last check was trading at a discount to its 52-week high of $148.43, offering almost -11.18% off that amount. The share price’s 52-week low was $67.78, which indicates that the recent value has risen by an impressive 49.23% since then. We note from Alibaba Group Holding Ltd ADR’s average daily trading volume that its 10-day average is 20.25 million shares, with the 3-month average coming to 28.15 million.
Alibaba Group Holding Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 42 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 4 recommended BABA as a Hold, whereas 30 deemed it a Buy, and 0 rated it as Underweight. Alibaba Group Holding Ltd ADR is expected to report earnings per share of 12.89 for the current quarter.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
Instantly BABA has been showing a green trend so far today with a performance of 0.57% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 138.99 on recent trading dayincreased the stock’s daily price by 3.94%. The company’s shares are currently up 57.46% year-to-date, but still down -6.77% over the last five days. On the other hand, Alibaba Group Holding Ltd ADR (NYSE:BABA) is -0.37% down in the 30-day period. We can see from the shorts that 49.47 million shares have been sold at a short interest cover period of 1.23 day(s).
The consensus price target as assigned by Wall Street analysts is $136, which translates to bulls needing to increase their stock price by 1.83% from its current value. Analyst projections state that BABA is forecast to be at a low of $110 and a high of $164.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
The year-over-year growth rate is expected to be 6.20%, up from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of 237.13B in revenue for the current quarter. 5 analysts expect Alibaba Group Holding Ltd ADR to make 261.35B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 221.87B and 243.24B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.87%. Forecasts for the next quarter put sales growth at 7.45%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -2.72%. Alibaba Group Holding Ltd ADR earnings are expected to increase by 4.16% in 2025, but the outlook is positive 9.24% per year for the next five years.
BABA Dividends
Alibaba Group Holding Ltd ADR’s next quarterly earnings report is expected to be released on 2025-Feb-19. The annual dividend yield of the stock is 0.75 percent and its annual dividend per share was 1.00. It is important to note, however, that the 0.75% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Alibaba Group Holding Ltd ADR (NYSE:BABA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.01% of Alibaba Group Holding Ltd ADR shares, and 14.54% of them are in the hands of institutional investors. The stock currently has a share float of 14.54%. Alibaba Group Holding Ltd ADR stock is held by 1734.0 institutions, with JPMORGAN CHASE & CO being the largest institutional investor. By 2024-06-30, it held 0.4705% of the shares, which is about 11.61 million shares worth $835.58 million.
BANK OF AMERICA CORP /DE/, with 0.402% or 9.92 million shares worth $713.89 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard PRIMECAP Fund and Dodge & Cox International Stock Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 12.38 shares worth $1.66 billion, making up 0.52% of all outstanding shares. On the other hand, Dodge & Cox International Stock Fund held roughly 9.57 shares worth around $1.29 billion, which represents about 0.40% of the total shares outstanding.
