Alibaba Group Holding Ltd Company Profile (NYSE:BABA)

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

Alibaba Group Holding Ltd declared that its board has approved a share repurchase program on Monday, September 25th 2017, which permits the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is undervalued.

Alibaba Group Holding Ltd (NYSE:BABA) announced its quarterly earnings data on Thursday, August, 17th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.73 by $0.21. The company had revenue of $7.40 billion for the quarter, compared to analyst estimates of $7.16 billion. Alibaba Group Holding Ltd had a return on equity of 20.40% and a net margin of 30.72%. During the same period last year, the company posted $0.74 EPS. View Alibaba Group Holding Ltd's Earnings History.

Alibaba Group Holding Ltd is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Alibaba Group Holding Ltd.

33 analysts have issued 1 year target prices for Alibaba Group Holding Ltd's stock. Their predictions range from $100.00 to $220.00. On average, they anticipate Alibaba Group Holding Ltd's share price to reach $169.61 in the next year. View Analyst Ratings for Alibaba Group Holding Ltd.

Here are some recent quotes from research analysts about Alibaba Group Holding Ltd stock:

• 1. According to Zacks Investment Research, "Alibaba Group is a Chinese e-Commerce giant which caters mainly to its native market. The company’s fiscal fourth-quarter results exceeded the Zacks Consensus Estimate on revenues but lagged the same on earnings. Also, over the last one year, the stock has outperformed the Zacks characterized Electronic Commerce industry. Alibaba’s strong  core e-commerce business, its continued efforts to develop new products, international growth opportunities, strong financial positionand and growing cloud computing services are positives. However, macro headwinds, continued investments and increasing competition from Tencent Holdings and Baidu remain the overhangs." (8/17/2017)
• 2. Jefferies Group LLC analysts commented, "FY3Q17 results beat consensus and our estimates on both top and bottom line on strong China commerce, Cloud and consolidation of Youku/tudou. Mobile penetration and monetisation witnessed continuing improvement; Cloud delivered strong growth. Fine tune earnings and PT to USD122 from USD119. Reiterate Buy." (1/25/2017)
• 3. Deutsche Bank AG analysts commented, "Alibaba reported a strong Dec Q with total rev growth of 54% yoy, beating DBe by 7%. Non-GAAP EBITDA margin of 50.7% was 4ppts higher than DBe. The company attributed strong results to solid user growth (mobile MAU reached 493m, +25% yoy), consumer usage and merchant spend. Online marketing services again expanded robustly, by 47%, mainly driven by paid click growth. Commission revenue reaccelerated to 32% yoy, reflecting Tmall GMV growth recovery. Core e-commerce margin saw continued expansion to 64%, despite investment in globalization, FMCG & rural Taobao. The company lifted FY17 full year guide from 48% to 53%. The new guide should be easy to achieve given BABA's strong momentum. Alibaba's 'New Retail' strategy meanwhile seeks to integrate more offline retailers (e.g. Intime) with integrated inventory, membership and services to serve both users and merchants more efficiently. Monetization should thus increase long term." (1/24/2017)
• 4. Robert W. Baird analysts commented, "BABA reported strong F3Q17 results above expectations, driven by a reacceleration in core commerce (+45% Y/Y) and to a lesser extent Cloud services (+115% Y/Y) and Digital Media/Entertainment. Profit margins were in line with our expectations, as profitability in the core business (64% EBITDA margin) helps fund expansion in emerging growth areas. We continue to believe Alibaba is a key beneficiary of positive secular trends in e-commerce and gravitational platform pull. Maintain Outperform rating, new $116 price target." (1/24/2017)

Alibaba Group Holding Ltd saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 136,747,219 shares, an increase of 2.8% from the August 15th total of 132,975,818 shares. Based on an average daily volume of 25,155,356 shares, the days-to-cover ratio is currently 5.4 days. Approximately 5.4% of the company's shares are short sold.

Some companies that are related to Alibaba Group Holding Ltd include eBay (EBAY), MercadoLibre (MELI), Shopify (SHOP), Boohoo.Com PLC (BOO), The Trade Desk (TTD), Overstock.com (OSTK), AO World PLC (AO), Jumei International Holding Limited (JMEI), Mysale Group PLC (MYSL), Points International (PCOM), eve Sleep plc (EVE), CafePress (PRSS), Borderfree (BRDR), Cnova NV (CNV), E Commerce China Dangdang (DANG), Geeknet (GKNT) and JD.com (JD).

Alibaba Group Holding Ltd's management team includes the folowing people:

• Yun Ma, Executive Chairman, Lead Founder
• J. Michael Evans, President, Director
• Yong Zhang, Chief Executive Officer
• Zhaoxi Lu, Vice Chairman of the Board
• Wei Wu, Chief Financial Officer
• Xiaoming Hu, President, Alibaba Cloud Computing
• Minzhi Wu, President, Wholesale Marketplaces
• Yongfu Yu, President, Mobile Internet and Alimama
• Jeff Jianfeng Zhang, Chief Technology Officer
• Pen-hung Tung, Chief Marketing Officer

Alibaba Group Holding Ltd's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (1.87%), Capital Research Global Investors (1.33%), FMR LLC (1.00%), Schroder Investment Management Group (0.94%), Jennison Associates LLC (0.81%) and Capital World Investors (0.80%). View Institutional Ownership Trends for Alibaba Group Holding Ltd.

Alibaba Group Holding Ltd's stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, State Street Corp, Primavera Capital Management Ltd, Baillie Gifford & Co., Schroder Investment Management Group, Artisan Partners Limited Partnership, Manning & Napier Advisors LLC and William Blair Investment Management LLC. View Insider Buying and Selling for Alibaba Group Holding Ltd.

Alibaba Group Holding Ltd's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Fisher Asset Management LLC, Third Point LLC, Hillhouse Capital Management Ltd., BT Investment Management Ltd, Janus Henderson Group PLC, Boussard & Gavaudan Investment Management LLP and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Alibaba Group Holding Ltd.

Shares of Alibaba Group Holding Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Alibaba Group Holding Ltd stock can currently be purchased for approximately $169.54.