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Alibaba stock gains after revenue and earnings beat expectations

Upcoming Earnings Alibaba Reports Before Market Open On Friday

Analysts mean target price for Alibaba Group Holding Ltd (NYSE:BABA) is $217.63 while analysts mean recommendation is 1.70.

Billionaire founder Jack Ma's deal spree is taking the Hangzhou-based company into more of the offline world, giving it a logistics business, a chain of supermarkets and a fleet of couriers bringing meals to the front doors of users.

Based on the latest 2017Q4 regulatory filing with the SEC, David Kowitz increased its stake in Alibaba Group Hldg Ltd (BABA) by 1223.58%. It said adjusted earnings were 91 cents per share, beating the consensus estimate of 88 cents, as polled by Zacks Investment Research. Osborn Williams & Donohoe LLC boosted its stake in Alibaba Group by 5.3% in the fourth quarter. The stock increased 0.55% or $1 during the last trading session, reaching $182.45. Wall Street now forecasts -47.01 % negative EPS growth despite Alibaba Group Holding Limited previous quarter's EPS of $1.34. Amundi Pioneer Asset Management Inc. lifted its holdings in shares of Alibaba Group by 8,940.3% during the 4th quarter. Osborn Williams & Donohoe LLC now owns 5,520 shares of the specialty retailer's stock valued at $952,000 after purchasing an additional 280 shares during the period. The stock has climbed 57 percent in the last 12 months. Harel Insurance Investments & Financial Services Ltd. grew its position in Alibaba Group by 7.6% during the fourth quarter. The Hoertkorn Richard Charles holds 14,855 shares with $2.56M value, up from 9,660 last quarter.

A number of research firms have issued reports on BABA. The company has reported a massive 61 percent increase in revenues on a year-over-year basis, and there's two big catalysts that drove the impressive rise. Bank of America reissued a "buy" rating and issued a $220.00 target price on shares of Alibaba Group in a report on Thursday, February 1st. Needham maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Friday, February 2. The Stock shows P/E value of 32.99 and Forward P/E of 23.21. Robert W. Baird maintained the shares of BABA in report on Thursday, September 21 with "Buy" rating. On Monday, February 5 the stock of Alibaba Group Holding Limited (NYSE:BABA) has "Buy" rating given by Bernstein. The stock now has Monthly Volatility of 2.56% and Weekly Volatility of 1.87%. About 108,772 shares traded or 9.74% up from the average. The company's stock had a trading volume of 11,965,271 shares, compared to its average volume of 19,848,164. The firm has a market cap of $457,678.22, a price-to-earnings ratio of 72.27, a PEG ratio of 1.07 and a beta of 2.52.

52-Week Range are valuable stats for watching Alibaba Group Holding Ltd (NYSE:BABA)'s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.29. Wedbush maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Wednesday, January 25.

Analysts expect DPW Holdings, Inc.

Looking ahead, they expect revenue growth for fiscal year 2019 to be over 60% year-over-year.

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 firm is worth $466.23 billion.

Overall revenue climbed 58 per cent year-on-year to 250.27 billion yuan, with revenue from cloud computing up 101 per cent and digital media and entertainment up 33 per cent.