Published: Fri, April 20, 2018
Money | By Armando Alvarado

Alibaba Group (BABA) Given Consensus Rating of "Buy" by Analysts

Alibaba Group (BABA) Given Consensus Rating of

The company has a market cap of $457,678.22, a price-to-earnings ratio of 72.27, a PEG ratio of 1.07 and a beta of 2.52. The hedge fund held 30,240 shares of the business services company at the end of 2017Q4, valued at $5.21 million, down from 32,880 at the end of the previous reported quarter.

Alibaba Group Holding Limited (BABA) stock is now trading 3.75% away from its average-price of 200 days while it maintained a distance of -0.56% from its 50 Days Moving Average and 1.97% compared with the 20 Day Moving Average. (NYSE:CXO) are the two most active stocks in the Specialty Retail, Other industry based on today's trading volumes. Hovnanian Enterprises, Inc. (NYSE:HOV) has declined 15.56% since April 18, 2017 and is downtrending. It has underperformed by 11.55% the S&P500.

Groesbeck Investment Management Corp increased its stake in Alibaba Group Hldg Ltd Sponsor Com (BABA) by 146.54% based on its latest 2017Q4 regulatory filing with the SEC. The total amount of shares outstanding is 265.57M, giving the company a market capitalization of about 3.52B.

Schroder Investment Management Group upped its stake in Callon Petroleum Company Common Stock Usd0.01 (NYSE:CPE) by 839,683 shares to 1.94M shares, valued at $23.60M in 2017Q4, according to the filing. (NYSE:JPM) stock is pricing at $109.54 after moving -0.90% thus far this session. About 8.27 million shares traded.

Alibaba Group Holding Ltd (NYSE:BABA) yearly performance is 64.24% and net profit margin is 29.60%. The stock outperformed the S&P500 by 56.74%.

Among 17 analysts covering Alibaba Group (NYSE:BABA), 17 have Buy rating, 0 Sell and 0 Hold. Therefore 95% are positive. Alibaba Group has a one year low of $110.57 and a one year high of $206.20. Alibaba Group had 28 analyst reports since October 20, 2017 according to SRatingsIntel.

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Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on May, 4 before the open. Since there are so many eyes on the 200-day SMA of Alibaba Group Holding Limited, many traders will place their orders around this key level. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price objective on shares of Alibaba Group Holding in a research report on Tuesday, January 24th.

Given the importance of identifying companies that will grow earnings per share at high rate, we then need to consider how to identify which companies will achieve high growth rates. The rating was maintained by Credit Suisse on Monday, January 22 with "Buy". M Partners maintained Alibaba Group Holding Limited (NYSE:BABA) on Wednesday, August 12 with "Buy" rating. The rating was maintained by Robert W. Baird with "Buy" on Thursday, September 14. KeyBanc Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) on Tuesday, April 10 with "Overweight" rating.

Analysts expect ProAssurance Corporation (NYSE:PRA) to report $0.43 EPS on May, 3 after the close.They anticipate $0.19 EPS change or 30.65% from last quarter's $0.62 EPS. Its down 0.22, from 0.88 in 2017Q3. Now it had 23.23 million shares held by the institutional investor. Ahl Prns Limited Liability Partnership accumulated 0.01% or 15,065 shares. Envestnet Asset Mngmt owns 6,181 shares. The stock's price to sales ratio for trailing twelve months is 12.68 and price to book ratio for the most recent quarter is 8.02, whereas price to cash per share for the most recent quarter are 12.84. At present, 4 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. It also reduced Sage Therapeutics Inc (NASDAQ:SAGE) stake by 4,100 shares and now owns 1,900 shares. Reliance Tru Of Delaware reported 0.79% of its portfolio in AT&T Inc. Brown Advisory stated it has 0.05% in AT&T Inc. Thomson Horstmann Bryant has invested 0.05% of its portfolio in ProAssurance Corporation (NYSE:PRA). 4,548 are held by Burke Herbert Savings Bank Trust Comm. Cetera Advisor Ltd Co accumulated 10,099 shares. Sol Cap Management reported 6,226 shares. Accuvest Glob Advsr has invested 0.04% in Hovnanian Enterprises, Inc.

US stock indexes rallied on Tuesday on broad-based gains while Netflix and UnitedHealth earnings impressed shareholders and boosted optimism about the USA corporate reporting season. Qs Investors Ltd holds 0.42% or 1.14 million shares in its portfolio. Needham maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Friday, February 2. Therefore 82% are positive. MacQuarie Infrastructure had 24 analyst reports since August 5, 2015 according to SRatingsIntel. The return on assets ratio of the Company was 14.40% while its return on investment ratio was 16.50%. The stock of AT&T Inc.

Shares of Alibaba Group stock traded down $1.29 during midday trading on Monday, hitting $181.39. The company was maintained on Tuesday, June 6 by Jefferies. On Wednesday, January 24 the stock has "Underweight" rating by JP Morgan. The rating was maintained by Imperial Capital with "In-Line" on Friday, February 19. (NYSE:HOV). Deutsche Natl Bank Ag holds 0% of its portfolio in Hovnanian Enterprises, Inc.

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