In last trading session, BEST Inc. (NYSE:BEST) saw 2,724,156 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $2.7 trading at -$0.09 or -3.23% at ring of the bell on the day assigns it a market valuation of $1.06 Billion. That closing price of BEST’s stock is at a discount of -142.22% from its 52-week high price of $6.54 and is indicating a premium of 3.7% from its 52-week low price of $2.6. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.91 Million shares which gives us an average trading volume of 1.55 Million if we extend that period to 3-months.
For BEST Inc. (BEST), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2.1. Splitting up the data highlights that, out of 10 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 7 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.01 in the current quarter.
BEST Inc. (NYSE:BEST) trade information
In the face of being in the red today for losing -3.23%, in the last five days BEST remained trading in the green while hitting it’s week-highest on Thursday, Oct 08 when the stock touched $3.03-1 price level, adding 10.89% to its value on the day. BEST Inc.’s shares saw a change of -51.44% in year-to-date performance and have moved -9.09% in past 5-day. BEST Inc. (NYSE:BEST) showed a performance of -22.19% in past 30-days. Number of shares sold short was 11.58 Million shares which calculate 7.47 days to cover the short interests.
BEST Inc. (BEST) estimates and forecasts
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.35 Billion for the same. And 6 analysts are in estimates of company making revenue of $1.71 Billion in the next quarter that will end in December 01, 2020. Company posted $1.25 Billion and $1.54 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 8.3% while estimating it to be 11% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 31.5% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 60.6% while estimates for its earnings growth in next 5 years are of 40%
BEST Inc. (NYSE:BEST)’s Major holders
Insiders are in possession of 19.99% of company’s total shares while institution are holding 36.52% percent of that, with stock having share float percentage of 45.64%. Investors also watch the number of corporate investors in a company very closely, which is 161 institutions for BEST Inc. that are currently holding shares of the company. Goldman Sachs Group, Inc. is the top institutional holder at BEST for having 13.38 Million shares of worth $57.26 Million. And as of June 29, 2020, it was holding 5.34% of the company’s outstanding shares.
The second largest institutional holder is Wells Fargo & Company, which was holding about 10.02 Million shares on June 29, 2020. The number of shares represents firm’s hold over 4% of outstanding shares, having a total worth of $42.88 Million.
On the other hand, Wells Fargo Emerging Markets Equity Fd and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of July 30, 2020, the former fund manager was holding 3757927 shares of worth $15.82 Million or 1.5% of the total outstanding shares. The later fund manager was in possession of 3.13 Million shares on July 30, 2020, making its stake of worth around $13.16 Million in the company or a holder of 1.25% of company’s stock.