Alibaba Group Holding Ltd ADR (NYSE:BABA) has a beta value of 0.21 and has seen 17.07 million shares traded in the last trading session. The company, currently valued at $280.17B, closed the last trade at $117.01 per share which meant it gained $3.92 on the day or 3.47% during that session. The BABA stock price is -25.85% off its 52-week high price of $147.26 and 39.12% above the 52-week low of $71.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.97 million shares traded. The 3-month trading volume is 18.88 million shares.
The consensus among analysts is that Alibaba Group Holding Ltd ADR (BABA) is Buy stock at the moment, with a recommendation rating of 1.28. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 9 out of 30 have rated it as a Hold, with 21 advising it as a Buy. 0 have rated the stock as Underweight.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
Sporting 3.47% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BABA stock price touched $117.01 or saw a rise of 0.26%. Year-to-date, Alibaba Group Holding Ltd ADR shares have moved 58.63%, while the 5-day performance has seen it change 0.91%. Over the past 30 days, the shares of Alibaba Group Holding Ltd ADR (NYSE:BABA) have changed -2.91%. Short interest in the company has seen 33.48 million shares shorted with days to cover at 2.36.
Wall Street analysts have a consensus price target for the stock at $176, which means that the shares’ value could jump 33.52% from current levels. The projected low price target is $164.0 while the price target rests at a high of $180.0. In that case, then, we find that the current price level is -53.83% off the targeted high while a plunge would see the stock gain -40.16% from current levels.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
The company’s shares have gained 38.75% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1.31% over the past 5 years. Earnings growth for 2025 is a modest 6.31% while over the next 5 years, the company’s earnings are expected to increase by 10.28%.
BABA Dividends
Alibaba Group Holding Ltd ADR is expected to release its next earnings report on 2025-May-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.05 at a share yield of 0.90%. The company’s dividend yield has gone up over the past 12 months.
Alibaba Group Holding Ltd ADR (NYSE:BABA)’s Major holders
Insiders own 0.01% of the company shares, while shares held by institutions stand at 15.77% with a share float percentage of 15.77%. Investors are also buoyed by the number of investors in a company, with Alibaba Group Holding Ltd ADR having a total of 1949.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 10.77 million shares worth more than $775.22 million. As of 2024-06-30, MORGAN STANLEY held 0.4365% of shares outstanding.
The other major institutional holder is PRIMECAP MANAGEMENT CO/CA/, with the holding of over 21.87 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.57 billion and represent 0.1108% of shares outstanding.
