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 has authorized a share buyback plan 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 reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.19. The specialty retailer earned $12.40 billion during the quarter, compared to analyst estimates of $12.51 billion. Alibaba Group had a net margin of 19.33% and a return on equity of 12.99%. The company's revenue was up 49.6% on a year-over-year basis. During the same period in the prior year, the business posted $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 brokers have issued twelve-month price objectives for Alibaba Group's stock. Their predictions range from $180.00 to $260.00. On average, they expect Alibaba Group's stock price to reach $214.9583 in the next twelve months. This suggests a possible upside of 44.3% 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.

Media coverage about BABA stock has trended negative recently, InfoTrie reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Alibaba Group earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines 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 immediate future.

Alibaba Group saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 108,978,751 shares, an increase of 2.4% from the November 15th total of 106,379,079 shares. Based on an average daily volume of 19,019,138 shares, the days-to-cover ratio is currently 5.7 days. Currently, 4.2% of the shares of the stock are sold short. 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 Ctrip.Com International (CTRP).

Alibaba Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (1.77%), Vanguard Group Inc. (1.47%), Vanguard Group Inc (1.47%), Capital Research Global Investors (0.84%), Schroder Investment Management Group (0.83%) and FMR LLC (0.77%).

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, Morgan Stanley, Mitsubishi UFJ Trust & Banking Corp, Schroder Investment Management Group and Winslow Capital Management LLC.

BABA stock was purchased by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Nordea Investment Management AB, Canada Pension Plan Investment Board, Capital World Investors, Clearbridge Investments LLC, Capital Research Global Investors, Lansdowne Partners UK LLP and OppenheimerFunds Inc..

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 $149.00.

Alibaba Group has a market capitalization of $387.96 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.