Wall Street analysts expect Alibaba Group Holding Ltd (NYSE:BABA) to post $1.25 earnings per share for the current fiscal quarter, according to Zacks. Eight analysts have made estimates for Alibaba Group’s earnings, with the lowest EPS estimate coming in at $1.09 and the highest estimate coming in at $1.33. Alibaba Group reported earnings of $1.29 per share during the same quarter last year, which would indicate a negative year over year growth rate of 3.1%. The business is expected to issue its next earnings report on Thursday, November 1st.

According to Zacks, analysts expect that Alibaba Group will report full year earnings of $5.69 per share for the current financial year, with EPS estimates ranging from $5.37 to $5.92. For the next fiscal year, analysts expect that the firm will report earnings of $7.59 per share, with EPS estimates ranging from $6.16 to $8.22. Zacks’ earnings per share averages are an average based on a survey of research firms that that provide coverage for Alibaba Group.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings results on Thursday, August 23rd. The specialty retailer reported $0.66 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.74 by ($0.08). The firm had revenue of $12.23 billion during the quarter, compared to the consensus estimate of $12.25 billion. Alibaba Group had a return on equity of 14.18% and a net margin of 20.57%.

BABA has been the topic of a number of analyst reports. ValuEngine cut shares of Alibaba Group from a “buy” rating to a “hold” rating in a research note on Monday, July 2nd. HSBC assumed coverage on shares of Alibaba Group in a research note on Wednesday, September 12th. They set a “buy” rating on the stock. MKM Partners lowered their target price on shares of Alibaba Group to $270.00 and set a “buy” rating on the stock in a research note on Wednesday, September 12th. Susquehanna Bancshares upped their target price on shares of Alibaba Group from $220.00 to $305.00 and gave the company a “positive” rating in a research note on Thursday, June 7th. Finally, Argus lowered their target price on shares of Alibaba Group from $275.00 to $235.00 and set a “buy” rating on the stock in a research note on Friday, August 24th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $228.60.

Shares of Alibaba Group stock opened at $156.65 on Friday. The stock has a market capitalization of $421.92 billion, a P/E ratio of 38.87, a PEG ratio of 1.17 and a beta of 2.41. Alibaba Group has a 1 year low of $152.85 and a 1 year high of $211.70. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.26.

Several large investors have recently modified their holdings of the company. KCM Investment Advisors LLC lifted its stake in shares of Alibaba Group by 14.3% in the 1st quarter. KCM Investment Advisors LLC now owns 2,151 shares of the specialty retailer’s stock worth $395,000 after purchasing an additional 269 shares during the period. RNC Capital Management LLC increased its holdings in Alibaba Group by 16.9% in the 2nd quarter. RNC Capital Management LLC now owns 1,905 shares of the specialty retailer’s stock worth $353,000 after acquiring an additional 275 shares in the last quarter. Private Asset Management Inc. increased its holdings in Alibaba Group by 0.9% in the 2nd quarter. Private Asset Management Inc. now owns 30,193 shares of the specialty retailer’s stock worth $5,542,000 after acquiring an additional 276 shares in the last quarter. First United Bank Trust increased its holdings in Alibaba Group by 4.9% in the 2nd quarter. First United Bank Trust now owns 5,942 shares of the specialty retailer’s stock worth $1,102,000 after acquiring an additional 280 shares in the last quarter. Finally, American National Bank increased its holdings in Alibaba Group by 55.8% in the 2nd quarter. American National Bank now owns 796 shares of the specialty retailer’s stock worth $148,000 after acquiring an additional 285 shares in the last quarter. Hedge funds and other institutional investors own 38.65% of the company’s stock.

Alibaba Group Company Profile

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.

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Earnings History and Estimates for Alibaba Group (NYSE:BABA)

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