Alibaba: Fiscal 4Q Earnings Snapshot

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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.

TRADEMARK VIOLATION NOTICE: This news story was originally published by The Lincolnian Online and is the property of of The Lincolnian Online.

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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