Is Alibaba Group Holding Ltd ADR (BABA) a good stock to buy now?

Alibaba Group Holding Ltd ADR (NYSE: BABA) is 5.97% higher on its value in year-to-date trading and has touched a low of $66.07 and a high of $90.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BABA stock was last observed hovering at around $81.18 in the last trading session, with the day’s gains setting it 0.26%.

Currently trading at $81.44, the stock is -0.48% and 3.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.16 million and changing 0.32% at the moment leaves the stock 7.93% off its SMA200. BABA registered -8.71% loss for a year compared to 6-month gain of 11.67%.

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The stock witnessed a 1.41% loss in the last 1 month and extending the period to 3 months gives it a 4.75%, and is -2.28% down 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 1.52% over the week and 2.11% over the month.

Alibaba Group Holding Ltd ADR (BABA) has around 204891 employees, a market worth around $177.06B and $131.49B in sales. Current P/E ratio is 21.28 and Fwd P/E is 8.67. Profit margin for the company is 7.32%. Distance from 52-week low is 23.27% and -10.49% from its 52-week high. The company has generated returns on investments over the last 12 months (6.27%).

The EPS is expected to shrink by -4.56% this year.

Alibaba Group Holding Ltd ADR (BABA) Top Institutional Holders

The shares outstanding are 2.43B, and float is at 2.17B with Short Float at 2.59%.

The top institutional shareholder in the company is PRIMECAP MANAGEMENT CO/CA/ with over 21.87 million shares valued at $1.57 billion. The investor’s holdings represent 0.867% of the BABA Shares outstanding. As of 2024-06-30, the second largest holder is SANDERS CAPITAL, LLC with 18.4 million shares valued at $1.32 billion to account for 0.7294 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 18.35 million shares representing 0.7274% and valued at over $1.32 trillion, while DODGE & COX holds 0.7149 of the shares totaling 18.03 million with a market value of $1.3 billion.