Traders Attention Alert: Alibaba Group Holding Limited (NYSE:BABA)
- Author: Zachary Reyes Feb 24, 2017,
Feb 24, 2017, 15:25
Finally, TheStreet raised shares of Alibaba Group Holding from a "c" rating to a "b-" rating in a research report on Thursday, January 26th.
Hedge funds and other institutional investors have recently bought and sold shares of the company. First Manhattan Co. raised its position in shares of Alibaba Group Holding Limited by 20.0% in the second quarter. The company reported $1.30 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.13 by $0.17.
Diana Shipping Inc. (NYSE:DSX) keeps its position active in context of investors' investment valuation, price per shares declined -7.51% to $3.82 with volume of 1.15 Million. Inc. now owns 1,500 shares of the company's stock worth $159,000 after buying an additional 480 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Alibaba Group Holding by 38.9% in the second quarter. MD now owns 31,179,716 shares of the company's stock valued at $3,298,502,000 after buying an additional 15,751,926 shares in the last quarter. Institutional investors and hedge funds own 34.74% of the company's stock.
0 analysts rated the stock of Alibaba Group Holding Limited (NYSE:BABA) as "STRONG BUY", 0 rated as "BUY" and 0 issued a "HOLD" rating. The firm has a market cap of $260.92 billion, a P/E ratio of 48.25 and a beta of 2.73. Alibaba Group Holding Ltd has a 52 week low of $64.66 and a 52 week high of $109.87. The company has a 50 day moving average price of $96.79 and a 200 day moving average price of $96.76.
While looking at the Stock's Performance, Alibaba Group Holding Limited now shows a Weekly Performance of 0.9%, where Monthly Performance is 1.02%, Quarterly performance is 9.69%, 6 Months performance is 6.96% and yearly performance percentage is 52.4%. The Stock now has the market capitalization of $251.81 Billion, P/E (price to earnings ttm) of 46.27 and Weekly volatility of 1.93% and monthly volatility of 1.83% respectively. For the Trailing twelve month period, company showed a Net Profit Margin of 26.56% and Return on Equity of the stock is 14.88%. According to these analysts, the Low Revenue Estimate for Alibaba Group Holding Limited is 5.02 Billion and the High Revenue Estimate is 5.4 Billion. The Actual EPS was $1.09 compared to the Estimated EPS of $0.85.
The company's stock now has 253.39 Billion in market capitalization.
Several brokerages recently weighed in on BABA. Finally, Evercore ISI reiterated a "buy" rating on shares of Alibaba Group Holding in a research report on Friday, December 23rd.
The 40 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 125.50, with a high estimate of 150.00 and a low estimate of 100.00.
Alibaba Group Holding Limited (NYSE:BABA) has 2.48 Billion shares outstanding and 752.26 Million shares were floated in market. Trinity Street Asset Management LLP bought a new position in shares of Alibaba Group Holding during the third quarter worth approximately $67,350,000.
When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts have a mean recommendation of 1.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Many Analysts provided their foresight on Revenue Estimates of Alibaba Group Holding Limited where they believe that the company has the potential to earn average revenue of $5.24 Billion for the current quarter. Alibaba (BABA) reported a partnership with Shanghai Bailian Group, according to eastmoney. It provides technology and services to enable consumers, merchants, and other participants to conduct commerce in its ecosystem.