Alibaba Group Holding Limited Company Profile (NYSE:BABA)

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

Alibaba Group Holding Limited declared that its board has authorized a stock repurchase plan on Sunday, June 4th 2017, which allows the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Alibaba Group Holding Limited (NYSE:BABA) issued its earnings results on Thursday, May, 18th. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.01. The company earned $5.61 billion during the quarter, compared to analysts' expectations of $5.26 billion. Alibaba Group Holding Limited had a return on equity of 15.40% and a net margin of 27.51%. During the same quarter last year, the firm posted $0.47 earnings per share. View Alibaba Group Holding Limited's Earnings History.

Alibaba Group Holding Limited is scheduled to release their next quarterly earnings announcement on Wednesday, August, 9th 2017. View Earnings Estimates for Alibaba Group Holding Limited.

35 brokerages have issued 12 month target prices for Alibaba Group Holding Limited's shares. Their forecasts range from $49.00 to $201.00. On average, they anticipate Alibaba Group Holding Limited's share price to reach $140.29 in the next year. View Analyst Ratings for Alibaba Group Holding Limited.

Here are some recent quotes from research analysts about Alibaba Group Holding Limited 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." (6/15/2017)
• 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 Limited saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 140,806,372 shares, an increase of 1.3% from the June 30th total of 139,024,801 shares. Based on an average trading volume of 11,770,225 shares, the days-to-cover ratio is presently 12.0 days. Currently, 5.5% of the shares of the stock are short sold.

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

Alibaba Group Holding Limited'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 Limited's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vontobel Asset Management Inc. (0.42%), Fisher Asset Management LLC (0.41%), Boussard & Gavaudan Investment Management LLP (0.33%), Genesis Asset Managers LLP (0.17%), APG Asset Management N.V. (0.15%) and Hermes Investment Management Ltd. (0.14%). View Institutional Ownership Trends for Alibaba Group Holding Limited.

Alibaba Group Holding Limited's stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Vontobel Asset Management Inc., Genesis Asset Managers LLP, Russell Investments Group Ltd., New Silk Road Investment PTE Ltd., Newport Asia LLC, Daiwa SB Investments Ltd. and Reilly Financial Advisors LLC. View Insider Buying and Selling for Alibaba Group Holding Limited.

Alibaba Group Holding Limited's stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Boussard & Gavaudan Investment Management LLP, Green Court Capital Management Ltd, Hermes Investment Management Ltd., Acadian Asset Management LLC, Handelsbanken Fonder AB, Vaughan Nelson Investment Management L.P. and Bollard Group LLC. View Insider Buying and Selling for Alibaba Group Holding Limited.

Shares of Alibaba Group Holding Limited 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 Limited stock can currently be purchased for approximately $155.79.