What should you know before buying stock in Alibaba Group Holding Ltd ADR (BABA)

Alibaba Group Holding Ltd ADR (NYSE: BABA) is -7.08% lower on its value in year-to-date trading and has touched a low of $66.63 and a high of $109.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BABA stock was last observed hovering at around $70.78 in the last trading session, with the day’s gains setting it 1.24%.

Currently trading at $72.02, the stock is -0.35% and -1.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.0 million and changing 1.75% at the moment leaves the stock -13.93% off its SMA200. BABA registered -31.48% loss for a year compared to 6-month loss of -27.41%. The firm has a 50-day simple moving average (SMA 50) of $0.12 and a 200-day simple moving average (SMA200) of $0.82.

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The stock witnessed a 0.85% gain in the last 1 month and extending the period to 3 months gives it a -15.07%, and is 0.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.75% over the week and 2.67% over the month.

Alibaba Group Holding Ltd ADR (BABA) has around Dec 20 2023 employees, a market worth around $172.46B and $130.82B in sales. Current P/E ratio is 13.12 and Fwd P/E is 8.21. Profit margin for the company is 10.81%. Distance from 52-week low is 8.09% and -34.41% from its 52-week high. The company has generated returns on investments over the last 12 months (8.72%).

Alibaba Group Holding Ltd ADR quarterly earnings per share for the current quarter are estimated at $1.58 with sales reaching $31.14B over the same period.The EPS is expected to grow by 16.59% this year, but quarterly earnings will post 8.50% year-over-year. Quarterly sales are estimated to grow 6.80% in year-over-year returns.

Alibaba Group Holding Ltd ADR (BABA) Top Institutional Holders

1,675 institutions hold shares in Alibaba Group Holding Ltd ADR (BABA), with institutional investors hold 14.53% of the company’s shares. The shares outstanding are 2.57B, and float is at 2.38B with Short Float at 1.72%. Institutions hold 14.53% of the Float.

The top institutional shareholder in the company is BNP Paribas Arbitrage, SNC with over 18.35 million shares valued at $1.53 billion. The investor’s holdings represent 0.72% of the BABA Shares outstanding. As of Jun 29, 2023, the second largest holder is Primecap Management Company with 17.35 million shares valued at $1.45 billion to account for 0.68% of the shares outstanding. The other top investors are Dodge & Cox Inc which holds 14.6 million shares representing 0.57% and valued at over $1.22 billion, while Price (T.Rowe) Associates Inc holds 0.49% of the shares totaling 12.68 million with a market value of $1.06 billion.

Alibaba Group Holding Ltd ADR (BABA): Who are the competitors?

The company’s main competitors (and peers) include Beyond Inc. (BYON) that is trading 13.66% up over the past 12 months. Rakuten Group Inc. ADR (RKUNY) that is -16.80% lower over the same period.