Market Analysts see Alibaba Group Holding Ltd ADR [BABA] gaining to $145. Time to buy?

Alibaba Group Holding Ltd ADR [NYSE: BABA] gained 1.10% on the last trading session, reaching $97.42 price per share at the time.

If compared to the average trading volume of 19.58M shares, BABA reached a trading volume of 16772833 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying 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 $118.57 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 1.46. 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.

Macquarie have made an estimate for Alibaba Group Holding Ltd ADR shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 07, 2024. While these analysts kept the previous recommendation, Macquarie dropped their target price from $88.50 to $85.40. The new note on the price target was released on February 08, 2024, representing the official price target for Alibaba Group Holding Ltd ADR stock. Previously, the target price had yet another drop from $120 to $100, while Mizuho kept a Buy rating on BABA stock. On December 01, 2023, analysts decreased their price target for BABA shares from 110 to 90.

The Average True Range (ATR) for Alibaba Group Holding Ltd ADR is set at 3.42, with the Price to Sales ratio for BABA stock in the period of the last 12 months amounting to 1.77. The Price to Book ratio for the last quarter was 1.79, with the Price to Cash per share for the same quarter was set at 28.45. Price to Free Cash Flow for BABA in the course of the last twelve months was 12.70 with Quick ratio for the last quarter at 1.41.

Trading performance analysis for BABA stock

Alibaba Group Holding Ltd ADR [BABA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.89. With this latest performance, BABA shares dropped by -7.28% in over the last four-week period, additionally plugging by 30.05% over the last 6 months – not to mention a rise of 21.25% 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 44.99, with the RSI for the last a single of trading hit 37.87, and the three-weeks RSI is set at 49.39 for Alibaba Group Holding Ltd ADR [BABA]. The present Moving Average for the last 50 days of trading for this stock 94.08, while it was recorded at 98.63 for the last single week of trading, and 80.19 for the last 200 days.

Alibaba Group Holding Ltd ADR [BABA]: A deeper dive into fundamental analysis

Alibaba Group Holding Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.41 and a Current Ratio set at 1.41.

Alibaba Group Holding Ltd ADR [BABA]: An earnings per share (EPS) analysis

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 5.49%.

An analysis of Institutional ownership at Alibaba Group Holding Ltd ADR [BABA]

The top three institutional holders of BABA stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 21.87 million shares, which is approximately 0.867%. SANDERS CAPITAL, LLC, holding 18.4 million shares of the stock with an approximate value of $$1.32 billion in BABA stocks shares; and SANDERS CAPITAL, LLC, currently with $$1.32 billion in BABA stock with ownership which is approximately 0.7274%.

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