After finishing at $73.42 in the prior trading day, Alibaba Group Holding Ltd ADR (NYSE: BABA) closed at $74.18, up 1.04%. In other words, the price has increased by $+0.76 from its previous closing price. On the day, 11010479 shares were traded.
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Ratios:
Our goal is to gain a better understanding of BABA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Macquarie on February 08, 2024, Downgraded its rating to Neutral and sets its target price to $85.40 from $88.50 previously.
On January 17, 2024, Mizuho reiterated its Buy rating and also upped its target price recommendation from $120 to $100.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 01, 2023, whereas the target price for the stock was revised from $110 to $90.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BABA now has a Market Capitalization of 182.23B and an Enterprise Value of 119.94B. As of this moment, Alibaba’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.51, and their Forward P/E ratio for the next fiscal year is 8.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 0.13 whereas that against EBITDA is 0.85.
Stock Price History:
Over the past 52 weeks, BABA has reached a high of $105.05, while it has fallen to a 52-week low of $66.63. The 50-Day Moving Average of the stock is 73.28, while the 200-Day Moving Average is calculated to be 82.34.
Shares Statistics:
The stock has traded on average 19.89M shares per day over the past 3-months and 12.78M shares per day over the last 10 days, according to various share statistics. A total of 2.57B shares are outstanding, with a floating share count of 2.39B. Insiders hold about 0.22% of the company’s shares, while institutions hold 14.57% stake in the company. Shares short for BABA as of Feb 29, 2024 were 47.52M with a Short Ratio of 2.39, compared to 40.96M on Jan 31, 2024.
Dividends & Splits
In the trailing 12 months, BABA’s forward annual dividend rate was 6.87, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 9.36%, it implies a Forward Annual Dividend Yield of 1.35%.
Earnings Estimates
Its stock is currently analyzed by 15 different market analysts. On average, analysts expect EPS of $1.54 for the current quarter, with a high estimate of $2.18 and a low estimate of $1.17, while EPS last year was $1.5. The consensus estimate for the next quarter is $2.19, with high estimates of $2.28 and low estimates of $2.09.
Analysts are recommending an EPS of between $9.4 and $8.01 for the fiscal current year, implying an average EPS of $8.75. EPS for the following year is $8.77, with 29 analysts recommending between $9.58 and $7.24.
Revenue Estimates
19 analysts predict $30.5B in revenue for the current quarter. It ranges from a high estimate of $30.91B to a low estimate of $29.89B. As of the current estimate, Alibaba Group Holding Ltd ADR’s year-ago sales were $29.15B, an estimated increase of 4.60% from the year-ago figure.
A total of 41 analysts have provided revenue estimates for BABA’s current fiscal year. The highest revenue estimate was $132.01B, while the lowest revenue estimate was $129.76B, resulting in an average revenue estimate of $130.52B. In the same quarter a year ago, actual revenue was $121.63B, up 7.30% from the average estimate. Based on 41 analysts’ estimates, the company’s revenue will be $140.87B in the next fiscal year. The high estimate is $145.43B and the low estimate is $136.71B. The average revenue growth estimate for next year is up 7.90% from the average revenue estimate for this year.
