KE Holdings Inc ADR (NYSE: BEKE) Disappoints Wall Street With 6.87% Stock Price Gain

KE Holdings Inc ADR (NYSE:BEKE) has a beta value of -0.74 and has seen 10.13 million shares traded in the recent trading session. The company, currently valued at $19.08B, closed the recent trade at $16.51 per share which meant it gained $1.06 on the day or 6.87% during that session. The BEKE stock price is -24.05% off its 52-week high price of $20.48 and 24.65% above the 52-week low of $12.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.41 million shares traded. The 3-month trading volume is 6.32 million shares.

The consensus among analysts is that KE Holdings Inc ADR (BEKE) is Buy stock at the moment, with a recommendation rating of 1.26. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.21.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

KE Holdings Inc ADR (NYSE:BEKE) trade information

Sporting 6.87% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BEKE stock price touched $16.51 or saw a rise of 1.73%. Year-to-date, KE Holdings Inc ADR shares have moved 1.86%, while the 5-day performance has seen it change 19.82%. Over the past 30 days, the shares of KE Holdings Inc ADR (NYSE:BEKE) have changed 9.35%. Short interest in the company has seen 34.35 million shares shorted with days to cover at 6.37.

Wall Street analysts have a consensus price target for the stock at $22.5, which means that the shares’ value could jump 26.62% from the levels at last check today. The projected low price target is $19.8 while the price target rests at a high of $30.0. In that case, then, we find that the latest price level in today’s session is -81.71% off the targeted high while a plunge would see the stock gain -19.93% from the levels at last check today.

KE Holdings Inc ADR (BEKE) estimates and forecasts

Figures show that KE Holdings Inc ADR shares have underperformed across the wider relevant industry. The company’s shares have gained 18.36% over the past 6 months, with this year growth rate of -10.43%, compared to 6.90% for the industry. Revenue growth from the last financial year stood is estimated to be 13.20%.

7 analysts offering their estimates for the company have set an average revenue estimate of 3.25B for the current quarter. 5 have an estimated revenue figure of 3.59B for the next ending quarter.

Earnings growth for 2024 is a modest -12.54% while over the next 5 years, the company’s earnings are expected to increase by 1.75%.

BEKE Dividends

KE Holdings Inc ADR is expected to release its next earnings report on 2024-Nov-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.35 at a share yield of 2.13%. The company’s dividend yield has gone up over the past 12 months.

KE Holdings Inc ADR (NYSE:BEKE)’s Major holders

The top two institutional holders are PRICE T ROWE ASSOCIATES INC /MD/ with over 43.13 million shares worth more than $610.24 million. As of 2024-06-30, PRICE T ROWE ASSOCIATES INC /MD/ held 3.7615% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 34.5 million shares as of 2024-06-30. The firm’s total holdings are worth over $488.2 million and represent 3.0092% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx. As of Jun 30, 2024, the former fund manager holds about 1.26% shares in the company for having 14.76 shares of worth $242.46 million while later fund manager owns 8.68 shares of worth $142.57 million as of Apr 30, 2024, which makes it owner of about 0.74% of company’s outstanding stock.