Alibaba Group Holding Limited (BABA) is Attracting Investor Attention: Here is What You Should Know

From Nasdaq:

Alibaba (BABA) has recently been listed as one of the most searched stocks on Zacks.com, which might influence the stock’s performance in the near future. Over the past month, the company’s shares have returned +0.9%, compared to the Zacks S&P 500 composite’s +3.4% change.

The Zacks Rank, a stock rating tool, has resulted in a Zacks Rank #3 (Hold) for Alibaba, indicating that it may perform in line with the broader market.

The consensus sales estimate for Alibaba for the current and next fiscal years indicates +5.2% and +8.3% changes, respectively.

The company is graded A on the Zacks Value Style Score, indicating that it is trading at a discount to its peers.

Last reported quarter results from Alibaba showed a revenue increase of +5.8% and an EPS of $2.14, beating consensus EPS estimates in each of the trailing four quarters.

Alibaba is expected to post earnings of $2.83 per share for the current quarter, representing a year-over-year change of +1.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +1.5%.



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