Alibaba Group Holding Ltd (NYSE:BABA) to increase number of international brands on Tmall Global marketplace

Alibaba Group Holding Ltd (NYSE:BABA) in a bid to increase number of international brands on its Tmall Global marketplace, has launched an English-language website of the platform aiming at merchants. Tmall Global is currently hosting about 20,000 international brands across 77 countries and regions and the Chinese e-commerce giant, in next three years, is intending doubling those number of brands to 40,000 on that platform.



The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a Alibaba Group Holding Ltd (NYSE:BABA) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. Alibaba Group Holding Ltd (NYSE:BABA) Diluted EPS is            4.86, whereas the EPS Estimate for next year is 8.80. The Annual EPS Growth of past 5 years is 27.50% and Alibaba Group Holding Ltd (NYSE:BABA) yearly performance is -8.42% and net profit margin is 23.20%. 

Key Performance indicators for Alibaba Group Holding Ltd (NYSE:BABA), in last 4 months the performance of BABA was -7.13% while its price to sale ratio is 8.12 and price to book ratio is 6.11. Company gross margin stands at 45.10% whereas its return on investment (ROI) is 6.50%. 

On 28 June 2019, Alibaba Group Holding Ltd (NYSE:BABA), a Services sector firm, traded 19.94 Million shares in last trading session and stock fell -0.85% with closing price of $169.45 per share. withAlibaba Group Holding Ltd (NYSE:BABA) traded 19.94 Million shares. The BABA distance from 20 day simple moving average is 5.51% and distance from 50-Day simple moving average is -0.25%.The relative strength index for stock is 55.17 and Average true range of BABA is 4.07. 

Analyst’s mean target price for BABA is $217.41 while analysts mean recommendation is 1.70. The Stock value has moved between $129.35 – 199.35 in last one year. BABA market capitalization is 444950.27 with beta of 2.32. Company has 48.49% insider ownership. 

Alibaba Group Holding Ltd (NYSE:BABA) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 23 of Thomson Reuters analysts, 0 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Buy rating has been given by 25 analysts to the company stock.