NYSE:BABA - Alibaba Group Stock Price, News, & Analysis

Alibaba Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BABA."

Alibaba Group announced that its Board of Directors has initiated a share repurchase program on Monday, September 25th 2017, which authorizes the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Alibaba Group Holding Ltd (NYSE:BABA) announced its quarterly earnings data on Friday, November, 2nd. The specialty retailer reported $1.01 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.82 by $0.19. The specialty retailer had revenue of $12.40 billion for the quarter, compared to analysts' expectations of $12.51 billion. Alibaba Group had a return on equity of 12.99% and a net margin of 19.33%. The company's revenue was up 49.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.29 EPS. View Alibaba Group's Earnings History.

Alibaba Group is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Alibaba Group.

Alibaba Group updated its FY 2019 earnings guidance on Friday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $56.25-57.45 billion, compared to the consensus revenue estimate of $56.66 billion.

26 brokerages have issued 1-year target prices for Alibaba Group's shares. Their predictions range from $180.00 to $260.00. On average, they expect Alibaba Group's share price to reach $215.3333 in the next year. This suggests a possible upside of 39.7% from the stock's current price. View Analyst Price Targets for Alibaba Group.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last year. There are currently 25 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alibaba Group.

Headlines about BABA stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alibaba Group earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Alibaba Group saw a increase in short interest in October. As of October 31st, there was short interest totalling 104,954,940 shares, an increase of 0.3% from the October 15th total of 105,219,621 shares. Based on an average daily volume of 20,741,891 shares, the short-interest ratio is presently 5.1 days. Approximately 4.1% of the shares of the company are short sold. View Alibaba Group's Current Options Chain.

Some companies that are related to Alibaba Group include Visa (V), Mastercard (MA), Accenture (ACN), Paypal (PYPL), Booking (BKNG), Fidelity National Information Servcs (FIS), NetEase (NTES), eBay (EBAY), Worldpay (WP), Pinduoduo (PDD), FleetCor Technologies (FLT), Global Payments (GPN), First Data (FDC), Total System Services (TSS) and Mercadolibre (MELI).

Alibaba Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (1.77%), Capital Research Global Investors (0.84%), Schroder Investment Management Group (0.83%), FMR LLC (0.77%), OppenheimerFunds Inc. (0.67%) and Capital World Investors (0.65%).

BABA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Northern Cross LLC, Riverstone Group LLC, TRG Investments LLC, Mitsubishi UFJ Trust & Banking Corp, Schroder Investment Management Group, Winslow Capital Management LLC and Platinum Investment Management Ltd..

BABA stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Capital World Investors, Capital Research Global Investors, Lansdowne Partners UK LLP, OppenheimerFunds Inc., Alecta Pensionsforsakring Omsesidigt, Capital International Investors and Vantage Investment Partners LLC.

Shares of BABA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BABA stock can currently be purchased for approximately $154.10.

Alibaba Group has a market capitalization of $376.44 billion and generates $39.90 billion in revenue each year. The specialty retailer earns $10.22 billion in net income (profit) each year or $4.03 on an earnings per share basis. Alibaba Group employs 66,421 workers across the globe.

The official website for Alibaba Group is http://www.alibabagroup.com.

Alibaba Group's mailing address is 26/F TOWER ONE TIMES SQUARE 1 MATHESON ST. CAUSEWAY BAY, Hong Kong K3, . The specialty retailer can be reached via phone at 852-2215-5100.