Large-cap Consumer Discretionary company Alibaba has logged a 2.9% change today on a trading volume of 19,622,722. The average volume for the stock is 13,187,082.
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. Based in Hangzhou, China the company has 198,162 full time employees and a market cap of $195,224,780,800. Alibaba currently offers its equity investors a dividend that yields 8.9% per year.
The company is now trading -22.7% away from its average analyst target price of $107.81 per share. The 42 analysts following the stock have set target prices ranging from $80.04 to $146.63, and on average give Alibaba a rating of buy.
Over the last 12 months BABA shares have declined by -11.9%, which represents a difference of -37.6% when compared to the S&P 500. The stock's 52 week high is $95.8 per share and its 52 week low is $66.63. With its net margins declining an average -15.3% over the last 6 years, Alibaba declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 130,350,000 | 11,081,000 | 9 | 12.5 |
| 2022 | 126,491,000 | 10,598,000 | 8 | 14.29 |
| 2021 | 134,567,000 | 9,820,000 | 7 | -66.67 |
| 2020 | 109,480,000 | 22,983,000 | 21 | -16.0 |
| 2019 | 45,483,000 | 11,254,000 | 25 | 8.7 |
| 2018 | 56,152,000 | 13,095,000 | 23 |
