Alibaba Group (NYSE:BABA) Shares Down 1.2% - Should You Sell?

Key Points

• Shares down 1.2% — Alibaba fell to $130.88 on Tuesday with ~6.05 million shares traded, about 49% below its average daily volume.
• Analyst consensus is a Moderate Buy with a mean price target of $187.68, although recent notes show several price‑target cuts alongside some upgrades and mixed ratings.
• Key fundamentals: market cap $313.04B, P/E 24.69, trading below its 50‑day ($134.50) and 200‑day ($151.83) moving averages; last quarter EPS was $0.13 on $40.71B revenue.

Alibaba Group Holding Limited (NYSE:BABA - Get Free Report)'s stock price was down 1.2% on Tuesday . The stock traded as low as $128.95 and last traded at $130.8820. Approximately 6,052,137 shares traded hands during trading, a decline of 49% from the average daily volume of 11,779,396 shares. The stock had previously closed at $132.52.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on BABA shares. Susquehanna dropped their target price on shares of Alibaba Group from $190.00 to $170.00 and set a "positive" rating on the stock in a research report on Thursday, March 26th. Barclays dropped their target price on shares of Alibaba Group from $190.00 to $186.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 14th. Arete Research raised shares of Alibaba Group from a "neutral" rating to a "buy" rating and set a $190.00 target price on the stock in a research report on Wednesday, January 21st. Morgan Stanley dropped their price objective on shares of Alibaba Group from $200.00 to $180.00 and set an "overweight" rating on the stock in a report on Thursday, January 8th. Finally, Freedom Capital raised shares of Alibaba Group from a "hold" rating to a "strong-buy" rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $187.68.

Alibaba Group Price Performance

The firm's fifty day moving average price is $134.50 and its 200 day moving average price is $151.83. The firm has a market capitalization of $313.04 billion, a PE ratio of 24.69, a P/E/G ratio of 2.44 and a beta of 0.50. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.22.

Alibaba Group (NYSE:BABA - Get Free Report) last released its quarterly earnings data on Saturday, February 14th. The specialty retailer reported $0.13 EPS for the quarter. The business had revenue of $40.71 billion for the quarter. Alibaba Group had a net margin of 9.12% and a return on equity of 7.43%. As a group, equities analysts forecast that Alibaba Group Holding Limited will post 4.39 earnings per share for the current year.

Hedge Funds Weigh In On Alibaba Group

Large investors have recently made changes to their positions in the company. Ameriflex Group Inc. lifted its stake in shares of Alibaba Group by 101.4% in the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 72 shares during the period. Mather Group LLC. acquired a new position in shares of Alibaba Group in the 3rd quarter valued at $30,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Alibaba Group in the 3rd quarter valued at $30,000. NBT Bank N A NY lifted its stake in shares of Alibaba Group by 231.5% in the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer's stock valued at $32,000 after purchasing an additional 125 shares during the period. Finally, Costello Asset Management INC acquired a new position in shares of Alibaba Group in the 4th quarter valued at $34,000. 13.47% of the stock is currently owned by institutional investors and hedge funds.

About Alibaba Group

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.