In the latest trading session,, 3.04 million Alibaba Group Holding Ltd ADR (NYSE:BABA) shares changed hands as the company’s beta touched 0.21. With the company’s most recent per share price at $112.28 changed hands at -$1.8 or -1.57% at last look, the market valuation stands at $251.14B. BABA’s current price is a discount, trading about -31.15% off its 52-week high of $147.26. The share price had its 52-week low at $71.23, which suggests the last value was 36.56% up since then. When we look at Alibaba Group Holding Ltd ADR’s average trading volume, we note the 10-day average is 12.38 million shares, with the 3-month average coming to 18.65 million.
Analysts gave the Alibaba Group Holding Ltd ADR (BABA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.32. 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 17.02.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
Instantly BABA was in red as seen in intraday trades today. With action -0.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 52.59%, with the 5-day performance at -0.71% in the red. However, in the 30-day time frame, Alibaba Group Holding Ltd ADR (NYSE:BABA) is -3.42% down. Looking at the short shares, we see there were 27.81 million shares sold at short interest cover period of 2.06 days.
The consensus price target for the stock as assigned by Wall Street analysts is 176, meaning bulls need an upside of 36.2% from its recent market value. According to analyst projections, BABA’s forecast low is 164 with 180 as the target high. To hit the forecast high, the stock’s price needs a -60.31% plunge from its current level, while the stock would need to soar -46.06% for it to hit the projected low.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
Year-over-year growth is forecast to reach 7.00% up from the last financial year.
Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 257.4B. 15 analysts are of the opinion that Alibaba Group Holding Ltd ADR’s revenue for the current quarter will be 250.22B. The company’s revenue for the corresponding quarters a year ago was 243.24B and 236.5B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.82%. The estimates for the next quarter sales put growth at 5.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1.31%. The 2025 estimates are for Alibaba Group Holding Ltd ADR earnings to increase by 6.18%, but the outlook for the next 5-year period is at 10.19% per year.
BABA Dividends
Alibaba Group Holding Ltd ADR is expected to release its next quarterly earnings report on 2025-May-15. The 0.94% annual yield figure for the share gives it an annual dividend of 1.05. It is important to note, however, that the 0.94% 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 15.77% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 15.77%. There are 15.77% institutions holding the Alibaba Group Holding Ltd ADR stock share, with MORGAN STANLEY the top institutional holder. As of 2024-06-30, the company held 0.4365% of the shares, roughly 10.77 million BABA shares worth $775.22 million.
PRIMECAP MANAGEMENT CO/CA/ holds the second largest percentage of outstanding shares, with 0.1108% or 21.87 million shares worth $1.57 billion as of 2024-06-30.
