Alibaba Group Holding Ltd ADR (BABA) Stock: Identifying Value and Future Vision

At the time of writing, Alibaba Group Holding Ltd ADR [BABA] stock is trading at $92.32, up 7.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BABA shares have gain 7.41% over the last week, with a monthly amount drifted -7.81%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Alibaba Group Holding Ltd ADR [NYSE: BABA] stock has seen the most recent analyst activity on October 07, 2024, when Macquarie upgraded its rating to a Outperform but kept the price target unchanged to $145 for it. Previously, Macquarie downgraded its rating to Neutral on February 08, 2024, and dropped its price target to $85.40. On January 17, 2024, Mizuho reiterated its Buy rating and revised its price target to $100 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $90 on December 01, 2023. DZ Bank upgraded its rating to Buy for this stock on August 11, 2023, but kept the price target unchanged to $120. In a note dated June 27, 2023, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $130 to $98.

For the past year, the stock price of Alibaba Group Holding Ltd ADR fluctuated between $66.07 and $117.82. Currently, Wall Street analysts expect the stock to reach $121.71 within the next 12 months. Alibaba Group Holding Ltd ADR [NYSE: BABA] shares were valued at $92.32 at the most recent close of the market. An investor can expect a potential return of 31.83% based on the average BABA price forecast.

Analyzing the BABA fundamentals

According to Alibaba Group Holding Ltd ADR [NYSE:BABA], the company’s sales were 133.46B for trailing twelve months, which represents an 6.37% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.

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 91.39 points at the first support level, and at 90.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.68, and for the 2nd resistance point, it is at 95.05.

Ratios To Look Out For

It is important to note that Alibaba Group Holding Ltd ADR [NYSE:BABA] has a current ratio of 1.37. Also, the Quick Ratio is 1.37, while the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 1.66, the price to book ratio is 1.58 and price to earnings (TTM) ratio is 18.95.

Related Posts