The stocks of BABA have received a rating of buy from around thirty-five different investment analysts covering the firm. According to a report, two of the research equities have provided the stock with a rating of hold, while twenty-seven others have issued the company with a rating of buy. The price target set on the company over a period of a year was $318.57.
The Quarterly Estimates of BABA
There have been quite a few research equities that have commented on the stocks of BABA. TheStreet has already reduced the rating of the company from b to c+ in a 14th May research report. Mizuho Securities has also increased the price target of the company from $20 to $285 with a rating of buy in a 3rd February research report.
Stifel Nicolaus has reduced the price target of the company from $305 to $290 with a rating of buy in an 18th May research report. Morgan Stanely has also lowered the price target of the company from $320 to $300 with a rating of overweight in a 15th April research report.
The stocks of BABA traded on Friday at $213.96. The year low of the company is $196.70, with a year high of $319.32. The debt-to-equity ratio of the company was 0.13, with a 1.67 quick ratio, and a 1.70 current ratio. The moving average price of the company over a period of 50 days is $224.94, and the moving average price of the company over a period of 200 days set at $243.20. The market cap of the firm was $578.90 billion, and a 26.35 PE ratio, along with a PEG ratio of 1.27, and a 0.80 beta.
BABA previously put up their quarterly report on the 12th of May. The EPS reported by the company during this period was $10.32, which was more than the consensus estimate of $1.47. The return on equity for the company was 12.95%, with a 20.83% net margin. The revenue generated by the company during this period was $187.40 billion, which was more than the consensus estimate of $180.67 billion.
