Alibaba fiscal 4Q earnings beat Street, driven by steady ecommerce, cloud computing

Alibaba fiscal 4Q earnings beat Street, driven by steady ecommerce, cloud computing

Alibaba fiscal 4Q earnings beat Street, driven by steady ecommerce, cloud computing

The China e-commerce leader reported revenue of $9.9 billion, beating the consensus estimate of $9.2 billion. The company is scheduled to announce its next quarterly earnings results before the market opens on Friday, May 4th. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Bloomberg Intelligence analyst Ling Vey-Sern said in a research note that "Alibaba's margins may continue to decline", due to the ongoing impact of investments in offline businesses such as logistics company Cainiao, Intime Department Store and supermarket operator Hema.

It also comes in well above analysts' revenue estimate of $9.27 billion for the quarter. The firm operates in four divisions: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.44.36 is the P/E ratio. The Return on Equity (ROE) value stands at 21.5%.

A number of research firms have issued reports on BABA.

Alibaba Group Holding Limited on 12/30/2017 reported its EPS as $0.69 with the analysts projecting the EPS of the stock as $0.71.

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Both were ahead of expectations, with Wall Street analysts originally penciling in earnings of US$0.35 and revenue of US$1.32bn. The firm has a market cap of $49,568.99, a price-to-earnings ratio of 32.36, a PEG ratio of 1.77 and a beta of 1.16.

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The stock of TAT Technologies Ltd. (NASDAQ:TATT) hit a new 52-week low and has $7.78 target or 4.00 % below today's $8.10 share price. The stock rating was maintained by Robert W. Baird with "Buy" on Monday, November 13. Barclays Capital maintained the shares of SPN in report on Friday, April 27 with "Equal-Weight" rating. Finally, MKM Partners boosted their target price on shares of Alibaba Group to $260.00 and gave the stock a "buy" rating in a report on Friday, February 2nd. The company has market cap of $28.83 million. Shore Capital maintained the stock with "Buy" rating in Tuesday, January 10 report. 11,965,271 shares of the stock traded hands, compared to its average volume of 19,848,164. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.97 and a quick ratio of 1.97. (NYSEAMERICAN:DPW) to report $-0.08 EPS on May, 16.They anticipate $0.02 EPS change or 20.00% from last quarter's $-0.1 EPS. The firm has a market capitalization of $464,721.41, a price-to-earnings ratio of 72.69, a price-to-earnings-growth ratio of 1.12 and a beta of 2.52.

The company has 2460.82 shares outstanding and 40.40% shares of the company were owned by institutional investors. Amundi Pioneer Asset Management Inc. lifted its holdings in shares of Alibaba Group by 8,940.3% during the 4th quarter. Lenox Wealth Advisors Inc. now owns 602 shares of the specialty retailer's stock valued at $104,000 after acquiring an additional 580 shares during the period. Johanson Financial Advisors Inc.'s holdings in Alibaba Group were worth $2,233,000 as of its most recent SEC filing. On Friday, February 2 the stock of Alibaba Group Holding Limited (NYSE:BABA) earned "Buy" rating by Needham. The shares went up by 6.03% in value last month.

Overall, revenues grew 58% year-over-year, and Taobao and Tmall GMV accelerated its growth from the 22% growth last year to 28% growth this year. Finally, Wagner Wealth Management LLC acquired a new stake in shares of Alibaba Group in the 4th quarter valued at approximately $123,000.

The company said its annual base of active years rose by 37 million to reach 552 million; its monthly active user count reached 617 million, up by the same factor of 37 million.

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