$0.71 EPS Expected for Alibaba Group Holding Limited (BABA) as of May, 4

May 3, 2018 - By Ira Colvard

Alibaba Group Holding Limited (NYSE:BABA)’s quarterly earnings will be announced on May, 4 before the open., as reported by RTT. earnings per share of $0.71 is 82.05 % up from 2017’s $0.39 EPS. BABA’s profit could be $1.82 billion with 63.89 P/E in case $0.71 earnings per share is announced. Last quarter $1.34 earnings per share was reported. Analysts predicts -47.01 % negative EPS growth this quarter. BABA is touching $181.45 during the last trading session, after increased 1.09%.Alibaba Group Holding Limited is uptrending after having risen 68.29% since May 3, 2017. BABA has 20.68 million volume or 14.97% up from normal. The stock outperformed the S&P500 by 56.74%.

Alibaba Group Holding Limited (NYSE:BABA) Ratings Coverage

In total 16 analysts cover Alibaba Group Holding Ltd (NYSE:BABA). “Buy” rating has 16, “Sell” are 0, while 0 are “Hold”. (NYSE:BABA) has 100% bullish analysts. With $250.0 highest and $210.0 lowest PT, Alibaba Group Holding Ltd has $225.21 average PT or 24.12% above the current ($181.45) price. 22 are the (NYSE:BABA)’s ratings reports on May 3, 2018 according to StockzIntelligence Inc. The company rating was maintained by KeyBanc Capital Markets on Tuesday, April 10. In Tuesday, March 6 report Oppenheimer maintained it with “Buy” rating and $220.0 target. On Thursday, February 1 the firm has “Buy” rating by Bank of America given. On Monday, November 13 SunTrust maintained Alibaba Group Holding Limited (NYSE:BABA) with “Buy” rating. On Monday, February 5 the stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given by Bernstein. The company rating was maintained by Oppenheimer on Monday, November 6. The company rating was maintained by Robert W. Baird on Monday, November 13. On Monday, January 15 the firm has “Buy” rating given by Jefferies. On Friday, February 2 the company was maintained by KeyBanc Capital Markets. On Wednesday, March 14 Robert W. Baird maintained Alibaba Group Holding Limited (NYSE:BABA) with “Buy” rating.

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce firm in the People's Republic of China and internationally.The firm is valued at $466.23 billion. The firm operates in four divisions: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.The P/E ratio is 44.36. It operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party platform for brands and retailers; Rural Taobao program that enables rural residents and businesses to sell agricultural products to urban consumers; Juhuasuan, a sales and marketing platform for flash sales; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.

Alibaba Group Holding Limited (NYSE:BABA) Analyst Ratings Chart

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