A share price of Alibaba Group Holding Ltd ADR [BABA] is currently trading at $70.62, down -0.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The BABA shares have lost -1.52% over the last week, with a monthly amount drifted -3.79%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Alibaba Group Holding Ltd ADR [NYSE: BABA] stock has seen the most recent analyst activity on February 08, 2024, when Macquarie downgraded its rating to a Neutral and also revised its price target to $85.40 from $88.50. Previously, Mizuho reaffirmed its Buy rating on January 17, 2024, and dropped its price target to $100. On December 01, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $90 on the stock. DZ Bank upgraded its rating to a Buy but $120 remained the price target by the analyst firm on August 11, 2023. Bernstein downgraded its rating to Mkt Perform for this stock on June 27, 2023, and downed its price target to $98. In a note dated July 20, 2022, Bernstein upgraded an Outperform rating on this stock and boosted its target price from $115 to $130.
Alibaba Group Holding Ltd ADR experienced fluctuations in its stock price throughout the past year between $66.63 and $102.50. Currently, Wall Street analysts expect the stock to reach $165.22 within the next 12 months. Alibaba Group Holding Ltd ADR [NYSE: BABA] shares were valued at $70.62 at the most recent close of the market. An investor can expect a potential return of 133.96% based on the average BABA price forecast.
Analyzing the BABA fundamentals
Trailing Twelve Months sales for Alibaba Group Holding Ltd ADR [NYSE:BABA] were 130.82B which represents 3.45% growth. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 69.84 points at the first support level, and at 69.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.72, and for the 2nd resistance point, it is at 72.83.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alibaba Group Holding Ltd ADR [NYSE:BABA] is 1.80. On the other hand, the Quick Ratio is 1.80, and the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 1.29, the price to book ratio is 1.24 and price to earnings (TTM) ratio is 12.86.
