News headlines about Alibaba Group (NYSE:BABA) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alibaba Group earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 46.0762517722118 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Alibaba Group Holding Ltd (BABA) Founders Make Big Bet On Clothing Rental Business – StockNews.com (blog) (stocknews.com)
- Alibaba Group Holding Ltd Has Two Perfect Buy Zones – Yahoo Finance (finance.yahoo.com)
- Good News For Alibaba, JD In China’s Growth Forecast (finance.yahoo.com)
- Does Alibaba Group Holding Limited’s (NYSE:BABA) Debt Level Pose A Problem? (finance.yahoo.com)
Several research analysts have recently issued reports on BABA shares. MKM Partners restated a “buy” rating on shares of Alibaba Group in a report on Friday, December 15th. Stifel Nicolaus restated a “buy” rating on shares of Alibaba Group in a report on Wednesday, December 13th. Vetr downgraded shares of Alibaba Group from a “strong-buy” rating to a “buy” rating and set a $206.73 price objective on the stock. in a report on Friday, November 17th. Zacks Investment Research upgraded shares of Alibaba Group from a “hold” rating to a “buy” rating and set a $198.00 price objective on the stock in a report on Monday, December 4th. Finally, Oppenheimer restated a “buy” rating and set a $220.00 price objective on shares of Alibaba Group in a report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, thirty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $211.22.
Alibaba Group (NYSE:BABA) last issued its quarterly earnings data on Thursday, February 1st. The specialty retailer reported $1.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.42 by ($0.08). The firm had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $12.36 billion. Alibaba Group had a return on equity of 17.61% and a net margin of 29.57%. During the same period in the prior year, the company posted $1.30 earnings per share. equities analysts expect that Alibaba Group will post 4.05 EPS for the current fiscal year.
About Alibaba Group
Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.
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