KE Holdings Inc ADR (NYSE: BEKE)’s Stock Performance and Outlook

In the latest trading session, 2.2 million KE Holdings Inc ADR (NYSE:BEKE) shares changed hands as the company’s beta touched -0.75. With the company’s most recent per share price at $16.92 changed hands at -$0.08 or -0.49% at last look, the market valuation stands at $20.04B. BEKE’s current price is a discount, trading about -16.67% off its 52-week high of $19.74. The share price had its 52-week low at $12.44, which suggests the last value was 26.48% up since then. When we look at KE Holdings Inc ADR’s average trading volume, we note the 3-month average coming to 8.52 million.

KE Holdings Inc ADR (NYSE:BEKE) trade information

Instantly BEKE was in red as seen in intraday trades today. With action 11.88%, the performance over the past five days has been green. The drop to weekly highs of 17.50 subtracted -0.49% to the stock’s daily price. The company’s shares are showing year-to-date upside of 4.36%, with the 5-day performance at 11.88% in the green. However, in the 30-day time frame, KE Holdings Inc ADR (NYSE:BEKE) is 18.80% up.

KE Holdings Inc ADR (BEKE) estimates and forecasts

Data shows that the KE Holdings Inc ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 10.86% over the past 6 months, a -9.57% in annual growth rate that is considerably lower than the industry average of 4.50%. Year-over-year growth is forecast to reach 8.10% up from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 2.21B. 4 analysts are of the opinion that KE Holdings Inc ADR’s revenue for the current quarter will be 3.17B. The company’s revenue for the corresponding quarters a year ago was 2.52B and 2.73B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -12.30%. The estimates for the next quarter sales put growth at 15.80%.

The 2024 estimates are for KE Holdings Inc ADR earnings to decrease by -8.48%, but the outlook for the next 5-year period is at 57.00% per year.