Alibaba: Fiscal 4Q Earnings Snapshot


Alibaba: Fiscal 4Q Earnings Snapshot

The company is scheduled to announce its next quarterly earnings results before the market opens on Friday, May 4th. The company posted 61.9 billion yuan ($9.73 billion) in revenue for January-March, versus an average estimate of 58.9 billion yuan from 23 analysts polled by Thomson Reuters. New England Research & Management Inc. acquired a new stake in shares of Alibaba Group during the fourth quarter worth $393,000. Analysts expect earnings per ADS of $1.40 on revenues of $11.65 billion in the company's first fiscal quarter of 2019.

In total 16 analysts cover Alibaba Group Holding Ltd (NYSE:BABA). The hedge fund run by Michael Kao held 1.75M shares of the consumer services company at the end of 2017Q4, valued at $5.48 million, up from 1.00M at the end of the previous reported quarter. The business had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $12.36 billion. (NYSEAMERICAN:DPW) to report $-0.08 EPS on May, 16.They anticipate $0.02 EPS change or 20.00% from last quarter's $-0.1 EPS.

BABA has been the subject of several research reports. Morgan Stanley maintained Alibaba Group Holding Limited (NYSE:BABA) on Tuesday, June 28 with "Overweight" rating. Guggenheim upgraded the stock to "Buy" rating in Monday, November 30 report. The stock of Phoenix Group Holdings (LON:PHNX) earned "Buy" rating by Canaccord Genuity on Thursday, October 22. Barclays Capital maintained the shares of SPN in report on Friday, April 27 with "Equal-Weight" rating. On Thursday, February 1 the stock of Alibaba Group Holding Limited (NYSE:BABA) has "Buy" rating given by Robert W. Baird.

When we see the company's Volatility, it now has a monthly volatility of 2.59% and weekly volatility of 2.50%.

NYSE:BABA traded down $1.29 during trading hours on Friday, hitting $181.39. The company's market cap is $448.98 Billion, and the average volume is $18 Million. The company beat the analyst EPS Estimate with the difference of $-0.02. Alibaba has $250.0 highest and $75 lowest target. The company's P/E (price to earnings) ratio is 44.86 and Forward P/E ratio of 28.08. The company shares sank -4.57% from their peak of $46.87 and now has a $2.08 billion market value of equity. Alibaba Group Holding Ltd (NYSE:BABA)'s EPS growth this year is -39.10%.

The stock decreased 0.03% or GBX 0.25 during the last trading session, reaching GBX 778.75. $462.77 billion is Alibaba Group Hldg Ltd's MC. The stock closing price is now trading downward to its 50 day moving average with change of -0.80%, escalated to its 20 day moving average with figure of 3.48% and above its 200 day moving average with value 2.12%. Flowering Tree Investment Management Pte Ltd sold 12,151 shares as the company's stock rose 3.18% while stock markets declined. It also reduced its holding in Praxair (NYSE:PX) by 34,340 shares in the quarter, leaving it with 33,243 shares, and cut its stake in Lending Tree Inc (NASDAQ:TREE). Veritas Asset Management Llp's position was priced at $51.19 million for 278,915 shares. The firm also provides maintenance, repair, and overhaul services for heat transfer components; and aviation components, such as APUs, landing gears, and other aircraft components, as well as makes heat transfer solutions on original equipment manufacturing basis.

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Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce firm in the People's Republic of China and internationally.



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