Economy

How Many Alibaba Group Holding Ltd (NYSE:BABA)'s Analysts Are Bullish?

How Many Alibaba Group Holding Ltd (NYSE:BABA)'s Analysts Are Bullish?

The company has a market cap of $289.40 billion, a P/E ratio of 53.57 and a beta of 2.73. The company saw 15.13 million shares trade hands over the course of the day. The market capitalization of the company is at $451.16 Billion. The stock price is moving downward -0.06% to its 50-day moving average. About 11.86M shares traded. It is down 57.33% since October 5, 2016 and is uptrending.

Institutions may also influence the price of a stock after acquiring a position by using TV shows, articles in high-profile newspapers or magazines and presentations at investor conferences to help drive the price higher, increasing the value of the share.

The company has mean EPS estimate of 10.23 reported by 7 number of analyst for the quarter ending Current Qtr.(Sep2017).

Alibaba Group Holding Limited's average Free Cash Flow per Share Growth Rate was 38.5 percent during the past 12 months. About shares traded. Exponent, Inc. AK Steel Holding Corporation (NYSE:AKS) has risen 58.12% since October 5, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Since May 8, 2017, it had 0 insider purchases, and 2 insider sales for $664,775 activity. $361,725 worth of Altria Group Inc (NYSE:MO) was sold by MUNOZ GEORGE.

Covering sell-side analysts have recently weighed in on shares of Facebook, Inc. The firm has "Buy" rating by Cantor Fitzgerald given on Wednesday, September 9. This rising movement shows positive prices direction over last 50 days. Lennox International Inc. had 37 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, June 14, the company rating was initiated by Berenberg. Jefferies maintained it with "Hold" rating and $67.0 target in Thursday, August 24 report. A rating of 4 or 5 would represent a Sell recommendation. As per Friday, October 23, the company rating was upgraded by TH Capital. JP Morgan maintained the shares of BABA in report on Tuesday, June 27 with "Overweight" rating. Jefferies Group LLC reiterated a "buy" rating and set a $160.00 price target (up from $122.00) on shares of Alibaba Group Holding Limited in a research report on Monday, June 12th. As per Tuesday, October 18, the company rating was downgraded by UBS.

Amgen, CytomX Join in Immuno-Oncology Collaboration
In other news, CFO Debanjan Ray sold 2,500 shares of the business's stock in a transaction that occurred on Wednesday, August 9th. BidaskClub raised shares of CytomX Therapeutics from a "sell" rating to a "hold" rating in a research note on Saturday, July 8th.

Investors sentiment increased to 0.91 in Q2 2017. Its up 0.41, from 1.07 in 2017Q1. Moreover, Envestnet Asset Mgmt has 0.01% invested in Exponent, Inc. California State Teachers Retirement System owns 559,034 shares or 0.01% of their U.S. portfolio.

Sun Life Financial Inc.is the holding firm of Sun Life Assurance Company of Canada. Encompass Advisors Ltd Liability has 1.23 million shares. Legacy Capital Prtn Inc accumulated 29,785 shares. Recently, the commodity stands -1.19% away from the 52-week high and 107.78% from the 52-week low. Nj State Employees Deferred Compensation Plan reported 65,000 shares or 0.91% of all its holdings. (NYSE:LII). Nordea Investment Ab owns 2,243 shares or 0% of their U.S. portfolio. Clearbridge Invests Ltd Liability Co stated it has 0.1% in Twenty-First Century Fox Inc (NASDAQ:FOX). Ls Invest Advsr Lc, Michigan-based fund reported 970 shares. EXPO's profit will be $10.85 million for 44.91 P/E if the $0.42 EPS becomes a reality. Fisher Asset Management LLC grew its stake in Alibaba Group Holding Limited by 87.4% during the second quarter.

Moore Capital Management Lp increased Twenty (NASDAQ:FOXA) stake by 275,000 shares to 1.20 million valued at $34.01 million in 2017Q2.

Alibaba Group Holding Limited (NYSE:BABA) gained 0.08% in yesterday's session, going up from its prior closing price of $178.56 to $178.71, and has now recorded rally in 5 consecutive sessions. Therefore 94% are positive. Stifel Nicolaus has "Buy" rating and $88 target. One analyst has rated the stock with a sell rating, one has assigned a hold rating, thirty-four have issued a buy rating and two have issued a strong buy rating to the stock. Macquarie Research maintained Alibaba Group Holding Ltd (NYSE:BABA) rating on Friday, August 18. Macquarie Research has "Outperform" rating and $200 target. The rating was maintained by Wedbush with "Neutral" on Wednesday, October 28. Suntrust Robinson maintained the shares of BABA in report on Friday, August 12 with "Buy" rating. The firm has "Buy" rating given on Thursday, October 20 by Needham. The company now has a consensus rating of "Buy" and an average price target of $175.55. Perpetual Ltd acquired a new position in Alibaba Group Holding Limited in the 2nd quarter valued at $19,251,000.

Analysts await Alibaba Group Holding Ltd (NYSE:BABA) to report earnings on November, 1. They expect $0.84 EPS, up 33.33% or $0.21 from last year's $0.63 per share.


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