BEST Inc. (NYSE:BEST) has a beta value of 0.53 and has seen 1,137,595 shares traded in the last trading session. The company, currently valued at $509.9 Million, closed the last trade at $1.32 per share which meant it lost -$0.02 on the day or -1.49% during that session. The BEST stock price is -341.67% off its 52-week high price of $5.83 and 0.76% above the 52-week low of $1.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.9 Million shares traded. The 3-month trading volume is 3.89 Million shares.
The consensus among analysts is that BEST Inc. (BEST) is an Overweight stock at the moment, with a recommendation rating of 2.8. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 2 out of 5 have rated it as a Hold, with 2 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.13.
BEST Inc. (NYSE:BEST) trade information
Despite being -1.49% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Monday, Apr 26 when the BEST stock price touched $1.5485 or saw a rise of 14.76%. Year-to-date, BEST Inc. shares have moved -35.29%, while the 5-day performance has seen it change -10.81%. Over the past 30 days, the shares of BEST Inc. (NYSE:BEST) have changed -28.65%. Short interest in the company has seen 12.89 Million shares shorted with days to cover at 3.31.
BEST Inc. (BEST) estimates and forecasts
Figures show that BEST Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -47.62% over the past 6 months, with this year growth rate of 88.52%, compared to 25.1% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 50% and -200% for the next quarter. Revenue growth from the last financial year stood is estimated to be +16.2%.
1 analysts offering their estimates for the company have set an average revenue estimate of $1Billion for the current quarter. 1 have an estimated revenue figure of $1.3 Billion for the next quarter concluding in June 01, 2021. Year-ago sales stood $780.07 Million and $1.26 Billion respectively for this quarter and the next, and analysts expect sales will grow by 28.4% for the current quarter and 3.5% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +21.5% over the past 5 years. Earnings growth for 2021 is a modest -977.5% while over the next 5 years, the company’s earnings are expected to increase by 40%.
BEST Inc. (NYSE:BEST)’s Major holders
Insiders own 20.54% of the company shares, while shares held by institutions stand at 33.65% with a share float percentage of 42.34%. Investors are also buoyed by the number of investors in a company, with BEST Inc. having a total of 100 institutions that hold shares in the company. The top two institutional holders are Goldman Sachs Group Inc. with over 12.22 Million shares worth more than $24.94 Million. As of December 30, 2020, Goldman Sachs Group Inc. held 4.88% of shares outstanding.
The other major institutional holder is Alibaba Group Holding Ltd, with the holding of over 10Million shares as of December 30, 2020. The firm’s total holdings are worth over $20.4 Million and represent 3.99% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Wells Fargo Emerging Markets Equity Fd and Vanguard International Stock Index-Total Intl Stock Indx. As of February 27, 2021, the former fund manager holds about 1.5% shares in the company for having 3757927 shares of worth $8.23 Million while later fund manager owns 2.27 Million shares of worth $5.02 Million as of January 30, 2021, which makes it owner of about 0.91% of company’s outstanding stock.