Alibaba Group Holding Ltd ADR [BABA] is -3.16% lower this YTD. Is it still time to buy?

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Alibaba Group Holding Ltd ADR [NYSE: BABA] closed the trading session at $85.31 on 11/03/23. The day’s price range saw the stock hit a low of $84.50, while the highest price level was $86.08. The company report on November 3, 2023 at 5:00 AM that Alibaba Group Will Announce September Quarter 2023 Results on November 16, 2023.

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter ended September 30, 2023 before the U.S. market opens on Thursday, November 16, 2023, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day.

All participants must pre-register to join this conference call using the Participant Registration link below:.

The stocks have a year to date performance of -3.16 percent and weekly performance of 3.01 percent. The stock has been moved at 2.51 percent over the last six months. The stock has performed 1.96 percent around the most recent 30 days and changed -11.65 percent over the most recent 3-months.

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If compared to the average trading volume of 13.38M shares, BABA reached to a volume of 14832535 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Alibaba Group Holding Ltd ADR [BABA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BABA shares is $137.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BABA stock is a recommendation set at 1.42. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Alibaba Group Holding Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 01, 2023.

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The Average True Range (ATR) for Alibaba Group Holding Ltd ADR is set at 2.02, with the Price to Sales ratio for BABA stock in the period of the last 12 months amounting to 1.60. The Price to Book ratio for the last quarter was 1.57, with the Price to Cash per share for the same quarter was set at 33.37.

BABA stock trade performance evaluation

Alibaba Group Holding Ltd ADR [BABA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.01. With this latest performance, BABA shares gained by 1.96% in over the last four-week period, additionally plugging by 2.51% over the last 6 months – not to mention a rise of 31.85% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BABA stock in for the last two-week period is set at 54.14, with the RSI for the last a single of trading hit 61.20, and the three-weeks RSI is set at 50.65 for Alibaba Group Holding Ltd ADR [BABA]. The present Moving Average for the last 50 days of trading for this stock 86.46, while it was recorded at 83.38 for the last single week of trading, and 90.86 for the last 200 days.

Alibaba Group Holding Ltd ADR [BABA]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Alibaba Group Holding Ltd ADR [BABA] shares currently have an operating margin of +11.99 and a Gross Margin at +35.30. Alibaba Group Holding Ltd ADR’s Net Margin is presently recorded at +8.35.

Return on Total Capital for BABA is now 7.79, given the latest momentum, and Return on Invested Capital for the company is 6.13. Return on Equity for this stock inclined to 7.20, with Return on Assets sitting at 4.05. When it comes to the capital structure of this company, Alibaba Group Holding Ltd ADR [BABA] has a Total Debt to Total Equity ratio set at 19.76. Additionally, BABA Total Debt to Total Capital is recorded at 16.50, with Total Debt to Total Assets ending up at 11.16. Long-Term Debt to Equity for the company is recorded at 17.95, with the Long-Term Debt to Total Capital now at 14.99.

Reflecting on the efficiency of the workforce at the company, Alibaba Group Holding Ltd ADR [BABA] managed to generate an average of $352,448 per employee. Receivables Turnover for the company is 12.32 with a Total Asset Turnover recorded at a value of 0.48.Alibaba Group Holding Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.92 and a Current Ratio set at 1.92.

Earnings per share (EPS) analysis for Alibaba Group Holding Ltd ADR [BABA] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BABA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Alibaba Group Holding Ltd ADR go to 11.97%.

Alibaba Group Holding Ltd ADR [BABA]: Institutional Ownership

The top three institutional holders of BABA stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in BABA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in BABA stock with ownership which is approximately 5.7994%.

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