BABA - Alibaba Group Holding Limited

NYSE - NYSE Delayed Price. Currency in USD
186.94
-0.61 (-0.33%)
At close: 4:00PM EDT
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Previous Close187.55
Open186.41
Bid186.66 x 800
Ask187.20 x 2200
Day's Range185.39 - 187.28
52 Week Range129.77 - 211.70
Volume7,806,106
Avg. Volume12,754,969
Market Cap484.582B
Beta (3Y Monthly)1.73
PE Ratio (TTM)53.46
EPS (TTM)3.50
Earnings DateMay 2, 2019 - May 6, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est206.46
Trade prices are not sourced from all markets
  • Cramer: Charts show there's more upside in Alphabet, Alibaba and Snap
    CNBC Videos3 days ago

    Cramer: Charts show there's more upside in Alphabet, Alibaba and Snap

    "As much as we hate to chase on 'Mad Money,' the charts, as interpreted by Bob Lang, suggest that all three of these internet stocks have more room to run," the "Mad Money" host said.

  • Charts show more upside in Alphabet, Alibaba and Snap: Cramer
    CNBC Videos3 days ago

    Charts show more upside in Alphabet, Alibaba and Snap: Cramer

    "As much as we hate to chase on 'Mad Money,' the charts, as interpreted by Bob Lang, suggest that all three of these internet stocks have more room to run," the "Mad Money" host said.

  • Associated Press50 minutes ago

    AP Top Extended Financial Headlines at 9:39 a.m. EDT

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  • Reuters3 hours ago

    BRIEF-Shares Held By Zhejiang Julu Culture Development's Shareholder To Be Auctioned By Court

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  • Alibaba head's remarks spark debate over China working hours
    Associated Press4 hours ago

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  • Chinese Stock Market Investors Expanding Their Portfolios To U.S.
    Investor's Business Daily23 hours ago

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  • Alibaba Stock Has Several Catalysts to Drive Its Growth Story Further
    InvestorPlaceyesterday

    Alibaba Stock Has Several Catalysts to Drive Its Growth Story Further

    Alibaba (NYSE:BABA) stock has rewarded shareholders handsomely so far in 2019. Alibaba was founded in Apr 1999 and had its IPO in Sept 2014 -- at an initial price of $92.7. On Apr. 15, the stock price closed at $183.07. In the past two decades, BABA has become a highly regarded global company, and Alibaba stock offers U.S. investors the chance to invest in the growing Chinese consumer and e-commerce markets. As its second decade ends, the group is increasingly focusing on becoming a social hub.Source: Shutterstock Although there might be volatility in BABA shares in the coming weeks as the global e-commerce platform gets ready to report earnings in early May, long-term investors may regard any upcoming dip in the stock price as an opportunity to buy into the shares. Here is why: Alibaba Stock Has Robust FundamentalsOnline shopping represents about 35% of China's total $5.5 trillion retail market -- and BABA has a 53.3% share. Alibaba's Tmall and Taobao are China's largest online business-to-consumer and consumer-to-consumer marketplaces respectively. One highlight from the company's past quarter is that its mobile monthly active users (MAUs) on the e-commerce platforms have now reached 699 million.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for Spring Season Growth For example, with the successful Taobao app, users share product reviews, watch webisodes, or live-stream various tutorial. As the time spent on the app increases, so does the money spent on the e-commerce marketplace.As Alibaba gets ready to release its quarterly results in early May, investors who are seeking capital appreciation should keep in mind the company's dominant position in the Chinese e-commerce space. In its earnings report, investors should pay attention to four areas of revenue: * Core commerce (its largest segment which showed 40% year-over-year, YOY, growth); * Cloud computing (which showed 84% YOY growth); * Digital media and entertainment (which showed 20% YOY growth); and * Innovation initiatives (which showed 73% YOY growth).The company's latest quarterly earnings on Jan 30 showed that BABA's gross profit margin is over 45%. Many analysts expect its revenue to continue growing at double-digit-percentage rates, at an average of 20% annually, through both organic growth and acquisitions.It is also important to note that much of its recent growth has been coming from less populated areas of China. At present, around half of China's 1.4 billion citizens reside in rural areas and reaching out to these consumers has become a top priority for Alibaba.The fact that the company is not highly leveraged also contributes to my upbeat view of Alibaba's management and balance sheet. Its 'current ratio', which measures BABA's ability to pay its short-term debt, stands at a healthy 1.25.Although the Chinese economy may slow further in 2019 or even 2020, its GDP is still expanding at an average annual rate of 6% minimum. In other words, China's growing middle class will continue to drive increases in the country's consumer spending and in China's e-commerce market. And when average Chinese citizens have more money in their pockets, more of it can be spent on online shopping sites like Alibaba. Alibaba Is Diversifying in ChinaBABA's core business of online retail contributes to 88% of revenue. However, it's been branching out into other business ventures. This expansion is made possibly partly due to its steady free cash flow (FCF), which measures a company's ability to produce cash. Investors care a lot about FCF as it can be used in a discretionary manner, for example, to invest in growth opportunities and to strengthen Alibaba's balance sheet further.The e-commerce giant now has multiple equity stakes in growth companies in a plethora of industries, such as Ant Financial, the Chinese payments giant; Ele.me, the local delivery company; and Alibaba Cloud, its cloud computing arm. The rapidly growing cloud business, which has brought in about 6% of total revenues in Q4 2018, has long-term growth potential and may help improve the company's margins further.Like Amazon (NASDAQ:AMZN), Alibaba is also paying considerable attention to developments in cloud computing and artificial intelligence (AI), two areas that will contribute to its bottom line and possibly boost BABA stock in coming years. The company announced that it is building its own AI chip to be used in various industries, such as self-driving cars.In its efforts to become a hybrid e-commerce platform that offers social shopping experiences to customers, especially to the tech-savvy youth, Alibaba has been increasing its exposure to social media platforms. For example, it owns 31% of Weibo (NASDAQ:WB), the Chinese microblogging company.Alibaba's Taobao marketplace has recently taken an 8% stake in Chinese anime streaming and entertainment company Bilibili (NASDAQ:BILI) whose users have an average age of 21. The company, which has about 92 million monthly active users, "covers genres and media formats, including videos, live broadcasting, and mobile games." Through this acquisition, Alibaba opens the door to reaching the Gen Z market in China better.BABA's Youku is now the third biggest video streamer in China, behind Tencent Holdings (OTCMKTS:TCEHY) and Baidu (NASDAQ:BIDU). And Alibaba is not shy to invest in the platform to create new content and bring in new subscribers so that it can increase its 22% share in the Chinese video streaming market.Finally, as China increasingly moves into a cashless society, the group's mobile platform, Alipay, is likely to grow exponentially. The digital wallet has already hit 1 billion users in more than 110 countries worldwide. In other words, investors are hopeful that these new ventures will become significant revenue contributors soon. BABA's International Growth Looks PromisingIn addition to its ever-growing presence in China, BABA has investments in start-ups in South Asia and Southeast Asia, too. Southeast Asia is en route to becoming the world's fourth largest economic region by GDP and analysts expect its e-commerce sector to expand tremendously within the next decade.Among the start-ups in those regions in which BABA has stakes are Paytm, an Indian digital-payments provider, and Lazada, a Singapore-based e-commerce company that is growing in overseas markets.The "Amazon of the East" has also set its eyes on moving west through partnerships with European companies, including Vodafone Group (NASDAQ:VOD) in Germany and El Corte Ingles in Spain. Many European companies are still discovering new ways to enter the Chinese market, and BABA may enable them to connect with Chinese customers faster. BABA's mobile payment network, Alipay, is also looking to expand in Europe.Such international growth will not only help increase the company's bottom line, but it will also enable BABA to diversify away from China, lowering the macro risk facing BABA stock. Is It Time to Invest in BABA Stock?The answer depends on your investment style and horizon, i.e., whether you are a short-term trader or a long-term-growth investor. BABA stock is a compelling long-term investment. I also believe that most of the adverse effects of the U.S.-China trade war have already been priced into Alibaba stock. If the two sides reach a deal that's seen in a positive light this year, BABA stock is likely to rally.Yet, the markets are likely to continue to be choppy in April and May, especially since many other tech heavyweights are expected to release their quarterly reports. The volatility of Alibaba stock is high, giving it a broad trading range, so short-term traders should proceed with caution in the coming weeks.As a result of the recent impressive run-up in the stock price, short-term technical indicators have become somewhat over-extended. Investors who pay attention to short-term oscillators should note that BABA's professional message has also become "overbought." So, in the next few weeks, there might be some profit taking in Alibaba stock. The Bottom Line on Alibaba StockAlibaba's growth in e-commerce, cloud computing, and other investments throughout China and globally make it a disruptor and a sound and long-term investment. 2019 has given Wall Street a glimpse of how great BABA's comeback could be as, year-to-date, the stock is up 33%.Therefore long-term investors could view any decline in the BABA stock price as an opportunity to buy the stock. By the end of 2020, I expect the stock to reach $230. * 10 S&P 500 Stocks to Weather the Earnings Storm However, traders with a short-term horizon should remember that there might be some profit-taking in the stock around the earnings report.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Alibaba Stock Has Several Catalysts to Drive Its Growth Story Further appeared first on InvestorPlace.

  • IPO ETFs Red-Hot on Zoom & Pinterest Debuts
    Zacksyesterday

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  • JD.com Faces an Executive Shakeup and Possible Layoffs
    Motley Foolyesterday

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    China’s biggest direct retailer faces tough growing pains.

  • CNBCyesterday

    Amazon is shutting down its China marketplace business. Here's why it has struggled

    Amazon said it will "no longer operate a marketplace on Amazon.cn" and "will no longer be providing seller services on Amazon.cn effective July 18."

  • Amazon, facing entrenched rivals, says to shut China online store
    Reutersyesterday

    Amazon, facing entrenched rivals, says to shut China online store

    SAN FRANCISCO/BEIJING/HONG KONG (Reuters) - Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world's most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon's marketplace to gain traction in China. Consumer research firm iResearch Global said Alibaba Group Holding's Tmall marketplace and JD.com controlled 82 percent of the Chinese e-commerce market last year.

  • Amazon Is Preparing to Close a Chinese E-Commerce Store
    Bloombergyesterday

    Amazon Is Preparing to Close a Chinese E-Commerce Store

    Amazon will keep running its other businesses in China, including Amazon Web Services, Kindle e-books, and cross-border operations that help ship goods from Chinese merchants to customers abroad. Starting on July 18, customers logging in to Amazon’s Chinese web portal, Amazon.cn, will only see a selection of goods from its global store, rather than products from third-party sellers.

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  • Reuters2 days ago

    BRIEF-Beijing Sojo Electric Signs Framework Agreement With Alibaba's Cloud Computing Arm Aliyun

    April 17 (Reuters) - Beijing Sojo Electric Co Ltd : * SAYS IT SIGNED FRAMEWORK AGREEMENT WITH ALIBABA'S CLOUD COMPUTING ARM ALIYUN ON COOPERATIONS SUCH AS SMART FACTORIES AND NEW ENERGY PROJECTS Source ...

  • CNBC3 days ago

    Cramer: Charts show there's more upside in Alphabet, Alibaba and Snap

    "Alphabet, Snap and Alibaba have been screaming higher ... [and] the charts, as interpreted by Bob Lang, suggest that all three of these internet stocks have more room to run," CNBC's Jim Cramer says. The Nasdaq Composite has been inching toward its all-time high, and a number of the biggest technology stock gainers could have more room to rise, CNBC's Jim Cramer said Tuesday. "Alphabet GOOGL , Snap SNAP and Alibaba BABA have been screaming higher, and as much as we hate to chase on 'Mad Money,' the charts, as interpreted by Bob Lang, suggest that all three of these internet stocks have more room to run," the "Mad Money" host said.

  • Alibaba (BABA) Outpaces Stock Market Gains: What You Should Know
    Zacks3 days ago

    Alibaba (BABA) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Alibaba (BABA) closed at $185.78, marking a +1.48% move from the previous day.

  • 'China’s Netflix' is really an 'online Disney': iQiyi CEO
    Yahoo Finance3 days ago

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  • Has China’s Economy Avoided a Hard Landing?
    Market Realist3 days ago

    Has China’s Economy Avoided a Hard Landing?

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