Alibaba (BABA) closed at $163.65, down 2.81% from the previous day, underperforming the S&P 500. The stock has risen 7.76% in the last month, outperforming the sector. Analysts predict an EPS of $1.91 and revenue of $41.26 billion for the upcoming earnings report.
The Zacks Consensus Estimates for BABA’s full year project earnings of $5.98 per share and revenue of $147.21 billion. Recent estimate revisions show analyst optimism, but the stock currently holds a Zacks Rank of #5 (Strong Sell) due to a 6.93% decrease in EPS projections.
Alibaba’s Forward P/E ratio is 28.18, above the industry average. The stock’s PEG ratio is 3.26, indicating higher growth expectations compared to the industry average. The Internet – Commerce industry, to which Alibaba belongs, ranks in the bottom 27% of all industries.
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Read more at Nasdaq: Alibaba (BABA) Sees a More Significant Dip Than Broader Market: Some Facts to Know
