Why Acquire Shares Of Alibaba Group Holding Limited (BABA)?
Alibaba Group Holding Limited (NYSE:BABA) has a beta value of 0.80 and has seen 3.82 million shares traded in the recent trading session. The company, currently valued at $583.94B, closed the recent trade at $211.44 per share which meant it lost -$2.5 on the day or -1.17% during that session. The BABA stock price is -51.02% off its 52-week high price of $319.32 and 3.33% above the 52-week low of $204.39. If we look at the companys 10-day average daily trading volume, we find that it stood at 10.56 million shares traded. The 3-month trading volume is 16.10 million shares. The consensus among analysts is that Alibaba Group Holding Limited (BABA) is a Buy stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 5 rate it as Overweight. 2 out of 57 have rated it as a Hold, with 49 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $2.27. Alibaba Group Holding Limited (NYSE:BABA) trade information  Sporting -1.17% in the red today, the stock has traded in the red over the last five days, with the highest price hit on Monday, 06/14/21 when the BABA stock price touched $211.44 or saw a rise of 2.37%. Year-to-date, Alibaba Group Holding Limited shares have moved -8.07%, while the 5-day performance has seen it change -1.36%. Over the past 30 days, the shares of Alibaba Group Holding Limited (NYSE:BABA) have changed 3.81%. Short interest in the company has seen 44.52 million shares shorted with days to cover at 2.64. Wall Street analysts have a consensus price target for the stock at $1885.03, which means that the shares value could jump 88.78% from the levels at last check today. The projected low price target is $1469.79 while the price target rests at a high of $2268.15. In that case, then, we find that the latest price level in todays session is -972.72% off the targeted high while a plunge would see the stock gain -595.13% from the levels at last check today. Alibaba Group Holding Limited (BABA) estimates and forecasts  Figures show that Alibaba Group Holding Limited shares have underperformed across the wider relevant industry. The companys shares have lost -19.23% over the past 6 months, with this year growth rate of 13.08%, compared to 19.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 2.70% and -16.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be 30.60%. 20 analysts offering their estimates for the company have set an average revenue estimate of $33.84 billion for the current quarter. 18 have an estimated revenue figure of $33.86 billion for the next quarter concluding in Sep 2021. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.40% over the past 5 years. Earnings growth for 2021 is a modest -2.20% while over the next 5 years, the companys earnings are expected to increase by 3.73%. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  BABA Dividends  Alibaba Group Holding Limited is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. Alibaba Group Holding Limited (NYSE:BABA)s Major holders  Insiders own 10.18% of the company shares, while shares held by institutions stand at 35.78% with a share float percentage of 39.84%. Investors are also buoyed by the number of investors in a company, with Alibaba Group Holding Limited having a total of 2,779 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 83.86 million shares worth more than $19.01 billion. As of Mar 30, 2021, Blackrock Inc. held 3.10% of shares outstanding. The other major institutional holder is Price (T.Rowe) Associates Inc, with the holding of over 50.95 million shares as of Mar 30, 2021. The firms total holdings are worth over $11.55 billion and represent 1.88% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk. As of Jan 30, 2021, the former fund manager holds about 0.88% shares in the company for having 23.81 million shares of worth $6.04 billion while later fund manager owns 23.6 million shares of worth $5.99 billion as of Jan 30, 2021, which makes it owner of about 0.87% of companys outstanding stock.