Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Alibaba Group Holding Ltd ADR’s stock clocked out at $119.54, up 1.02% from its previous closing price of $118.33. In other words, the price has increased by $1.02 from its previous closing price. On the day, 34.25 million shares were traded.
Ratios:
To gain a deeper understanding of BABA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
On February 08, 2024, Macquarie Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $88.50 to $85.40.
Mizuho reiterated its Buy rating for the stock on January 17, 2024, while the target price for the stock was revised from $120 to $100.
Valuation Measures:
As of this moment, Alibaba’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.54, and their Forward P/E ratio for the next fiscal year is 12.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14 while its Price-to-Book (P/B) ratio in mrq is 2.05.
Stock Price History:
Over the past 52 weeks, BABA has reached a high of $119.81, while it has fallen to a 52-week low of $67.78. The 50-Day Moving Average of the stock is 32.10%, while the 200-Day Moving Average is calculated to be 37.70%.
Shares Statistics:
A total of 2.39B shares are outstanding, with a floating share count of 2.39B. Insiders hold about 0.18% of the company’s shares, while institutions hold 14.98% stake in the company.
