Home  »  Finance   »  What You Missed About Alibaba Group Holding Limite...

What You Missed About Alibaba Group Holding Limited (NYSE: BABA) Stock This Week

Alibaba Group Holding Limited (NYSE:BABA) traded at $75.99 at close of the session on Tuesday, 11/22/22, made a downward move of -1.22% on its previous day’s price.

Looking at the stock we see that its previous close was $76.93 and the beta (5Y monthly) reads 0.50 with the day’s price range being $74.58 – $76.80. The company has a trailing 12-month PE ratio of 110.77. In terms of its 52-week price range, BABA has a high of $140.70 and a low of $58.01. The company’s stock has gained about 20.33% over that past 30 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


Alibaba Group Holding Limited has a market cap of $210.64 billion and is expected to release its quarterly earnings report on Feb 22, 2023 – Feb 27, 2023. Estimates by analysts give the company expected earnings per share (EPS) of $2.29, with the EPS growth for the year raised at $7.37 for 2023 and $8.49 for next year. These figures represent 0.70% and 15.20% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $35.12 billion, with a low of $34.07 billion and a high of $36.98 billion. The median projection represents growth squeezing down to 4.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2023 is expected to hit $123.79 billion, or 4.40% up from figures reported last year.

There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the BABA stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Based on estimates by 56 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 6 have rated the Alibaba Group Holding Limited (BABA) stock as a Hold, while 43 rate it as a Buy. 7 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the BABA stock currently stands at 42.75, and the current price level is 8.24% off its SMA20 and 0.15% from its 50-day simple moving average. The RSI (14) is pointing at 52.87 while the volatility over the past week is 5.34% and jumps to 4.93% over the past one month. The beta value is 0.53, while the average true range (ATR) is currently pointing at 4.71. The average price target for the stock over the next 12 months is $935.45, with the estimates having a low of $503.95 and a high of $1553.85. These price ends are -563.18% and -1944.81% off the current price level respectively, although investors could be excited at the prospect of a -1147.52% if the BABA share price touches on the median price of $947.99.

Let’s briefly compare Alibaba Group Holding Limited (BABA) stock to its peers. We find that current price change of -1.22% and -44.38% over the past 12 months for BABA competes that of Overstock.com Inc. (OSTK), which has seen its stock price fall -2.81% in the last trading session and was -76.55% over the last one year. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 1.36% and 1.18%, respectively, at close of the trading.

Coming back to Alibaba Group Holding Limited (NYSE:BABA), we note that the average 3-month trading volume was 23.98 million, while that of the preceding 10-day period stands at 33.4 million. Current shares outstanding are 2.65 billion.

The insiders hold 0.01% of the company’s shares while institutions hold 15.20%. The data shows that short shares as of Oct 30, 2022, stood at 77.25 million at a short ratio of 3.08. This represents a 2.92% short interest in shares outstanding on Oct 30, 2022. Shares short rose in October from the previous month at 59.06 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -36.03% down in year-to-date price movement.

Leave a Comment

Your email address will not be published. Required fields are marked *

Related Posts