Finance

Alibaba stock falls on holiday-quarter earnings miss

Alibaba stock falls on holiday-quarter earnings miss

Finally, Vetr downgraded shares of Alibaba Group from a "strong-buy" rating to a "buy" rating and set a $213.25 price objective on the stock.in a research report on Tuesday, January 23rd. About 184,473 shares traded. It has outperformed by 32.49% the S&P500. (NASDAQ:PSTB) stake by 58,448 shares to 71,540 valued at $889,000 in 2017Q3. The company has a market capitalization of $479,120.00, a P/E ratio of 45.74, a price-to-earnings-growth ratio of 1.54 and a beta of 2.58.

The company also reported a total of 515 million annual active consumers, up by 27 million in the trailing 12 months, and mobile monthly active users of 580 million, up by 31 million since the end of the prior quarter. Financial Partners Capital Management LLC now owns 4,715 shares of the specialty retailer's stock worth $664,000 after buying an additional 100 shares during the last quarter.

The Relative Volume of the company is 2.53 and Average Volume (3 months) is 20.67 million. It has underperformed by 8.92% the S&P500.

During Singles' Day, the world's largest online shopping festival, the amount of sales transacted on the Alibaba's e-commerce platform reached US$25.3 billion, almost four times the combined online sales of Black Friday and Cyber Monday in the United States.

For the current quarter, 26 analysts are projecting a mean EPS of $1.67/share. Therefore 67% are positive. Houlihan Lokey had 4 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of Alibaba Group Holding Limited (NYSE:BABA) has "Buy" rating given on Monday, August 24 by Standpoint Research. 0 analysts gave its stock an Outperform rating. UBS maintained the shares of BABA in report on Friday, August 18 with "Buy" rating.

Alibaba Group Holding Ltd also says it is increase its guidance for fiscal 2018.

Alibaba Group Holding Limited (BABA) will report its next earnings on Feb 01 BMO. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. Therefore 70% are positive. As per Thursday, May 19, the company rating was maintained by Canaccord Genuity. Sandler O'Neill maintained Houlihan Lokey, Inc. The stock fell as low as 191.14, briefly dropping below a short cup base breakout from a 191.85 buy point. The rating was upgraded by Mizuho on Tuesday, February 16 to "Buy". The company now has a consensus rating of "Buy" and a consensus target price of $206.71. The firm earned "Buy" rating on Monday, August 14 by RBC Capital Markets. The stock of Houlihan Lokey, Inc. The firm earned "Buy" rating on Thursday, January 25 by Robert W. Baird. It also reduced Nisource Inc (NYSE:NI) stake by 12,500 shares and now owns 14,373 shares. The rating was maintained by SunTrust on Friday, November 3 with "Buy". The rating was downgraded by Vetr to "Strong-Buy" on Friday, August 28.

Investors sentiment decreased to 1.34 in 2017 Q3. Its down 0.24, from 1.21 in 2017Q2.

Several large investors have recently bought and sold shares of the business. About 609,627 shares traded. 220,124 were reported by Dekabank Deutsche Girozentrale. Everence Capital invested 0.17% in Micron Technology, Inc. This is something that Investors should look for in all the stocks they are trading and is an important indicator to keep tabs on. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.71 and a quick ratio of 1.71. (NYSE:HLI) to report earnings on February, 7.

Amazon, Apple and Google's parent Alphabet are all due to release their quarterly results after the close of trading in NY on Thursday. (NYSE:CRM). Pinnacle invested in 39,412 shares. Manufacturers Life The has invested 0% of its portfolio in Invacare Corporation (NYSE:IVC). Acropolis Invest Management Lc, Missouri-based fund reported 6,471 shares. Gulf Commercial Bank (Uk) Ltd reported 215,359 shares stake.

Colin Sebastian has a very good TipRanks score with an 81% success rate and a high ranking of #9 out of 4,755 analysts. Savings Bank Of Mellon stated it has 0% of its portfolio in Superior Industries International, Inc. Jefferies Gru Ltd Co owns 9,004 shares. Truenorth holds 1.08% of its portfolio in Micron Technology, Inc.


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