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 stock buyback program on Monday, September 25th 2017, which permits the company to repurchase $6,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Alibaba Group Holding Ltd (NYSE:BABA) released its earnings results on Friday, November, 2nd. The specialty retailer reported $1.01 earnings per share for the quarter, topping the 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 net margin of 19.33% and a return on equity of 12.99%. The business's revenue for the quarter was up 49.6% on a year-over-year basis. During the same period last year, the company posted $1.29 earnings per share. 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 earnings per share 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 analysts have issued 1 year target prices 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 year. This suggests a possible upside of 41.9% 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 reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alibaba Group earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Alibaba Group saw a increase in short interest during 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 trading volume of 19,019,138 shares, the short-interest ratio is currently 5.7 days. Approximately 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), First Data (FDC), Global Payments (GPN), Mercadolibre (MELI) and Total System Services (TSS).

Alibaba Group's stock is owned by many different 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 bought 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 $151.48.

Alibaba Group has a market capitalization of $388.86 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.