EPS for Alibaba Group Holding Limited (BABA) Expected At $0.84

August 12, 2018 - By Billy Entrekin

Analysts expect Alibaba Group Holding Limited (NYSE:BABA) to report $0.84 EPS on August, 23 before the open.They anticipate $0.10 EPS change or 10.64 % from last quarter’s $0.94 EPS. BABA’s profit would be $2.16 billion giving it 53.57 P/E if the $0.84 EPS is correct. After having $0.54 EPS previously, Alibaba Group Holding Limited’s analysts see 55.56 % EPS growth. The stock increased 1.59% or $2.82 during the last trading session, reaching $180.01. About 22.05M shares traded or 24.53% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 61.13% since August 13, 2017 and is uptrending. It has outperformed by 48.56% the S&P500.

Alibaba Group Holding Limited (NYSE:BABA) Ratings Coverage

Among 12 analysts covering Alibaba Group (NYSE:BABA), 12 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Alibaba Group had 16 analyst reports since March 6, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Overweight” rating and $235 target in Monday, May 7 report. Bank of America maintained Alibaba Group Holding Limited (NYSE:BABA) on Monday, May 7 with “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $22000 target in Friday, April 27 report. The firm earned “Outperform” rating on Thursday, June 14 by Wells Fargo. The company was maintained on Tuesday, April 10 by KeyBanc Capital Markets. Oppenheimer maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Tuesday, March 6. Oppenheimer has “Buy” rating and $220.0 target. The rating was maintained by Robert W. Baird with “Buy” on Friday, May 4. The company was maintained on Wednesday, March 14 by Robert W. Baird. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by Robert W. Baird on Tuesday, May 29. The firm earned “Buy” rating on Thursday, June 7 by Susquehanna.

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce firm in the People's Republic of China and internationally. The company has market cap of $462.97 billion. The firm operates in four divisions: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. It has a 48.32 P/E ratio. It operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party platform for brands and retailers; Rural Taobao program that enables rural residents and businesses to sell agricultural products to urban consumers; Juhuasuan, a sales and marketing platform for flash sales; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Seekingalpha.com which released: “Starbucks And Alibaba’s Game Changing Alliance” on August 06, 2018, also Seekingalpha.com with their article: “A Third Threat To Alibaba” published on July 19, 2018, Seekingalpha.com published: “Retirement Strategies: A Look At Starbucks” on August 10, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “China Has Fallen: Alibaba Is A Conviction Buy (Julian Lin)” published on August 08, 2018 as well as Seekingalpha.com‘s news article titled: “Alibaba: A Big Buy Signal” with publication date: August 06, 2018.

Alibaba Group Holding Limited (NYSE:BABA) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.