KE Holdings Inc ADR (NYSE: BEKE) Could Be A Good Bet If You’re A Risk-Capital Investor

In recent trading session today, 7.4 million shares of the KE Holdings Inc ADR (NYSE:BEKE) have been traded, and its beta is -0.75. Most recently the company’s share price was $22.21, and it changed around -$2.08 or -8.56% from the last close, which brings the market valuation of the company to $25.67B. BEKE at last check was trading at a discount to its 52-week high of $26.05, offering almost -17.29% off that amount. The share price’s 52-week low was $12.44, which indicates that the recent value has risen by an impressive 43.99% since then. We note from KE Holdings Inc ADR’s average daily trading volume that its 10-day average is 34.74 million shares, with the 3-month average coming to 10.49 million.

KE Holdings Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.26. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 1 recommended BEKE as a Hold, whereas 13 deemed it a Buy, and 0 rated it as Underweight. KE Holdings Inc ADR is expected to report earnings per share of 0.21 for the current quarter.

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KE Holdings Inc ADR (NYSE:BEKE) trade information

Instantly BEKE has been showing red trend so far today with a performance of -8.56% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 26.05 on recent trading dayincreased the stock’s daily price by 14.74%. The company’s shares are currently up 37.01% year-to-date, but still down -5.00% over the last five days. On the other hand, KE Holdings Inc ADR (NYSE:BEKE) is 52.96% up in the 30-day period. We can see from the shorts that 29.91 million shares have been sold at a short interest cover period of 6.69 day(s).

The consensus price target as assigned by Wall Street analysts is $22.5, which translates to bulls needing to increase their stock price by 1.29% from its current value. Analyst projections state that BEKE is forecast to be at a low of $19.8 and a high of $30.

KE Holdings Inc ADR (BEKE) estimates and forecasts

KE Holdings Inc ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 53.92 percent over the past six months and at a -10.43% annual growth rate that is well below the industry average of 7.00%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -16.00% in revenue this quarter, and will report an increase of 35.00% in the next quarter. The year-over-year growth rate is expected to be 13.90%, up from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 3.27B in revenue for the current quarter. 5 analysts expect KE Holdings Inc ADR to make 3.6B in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 26.90%.

KE Holdings Inc ADR earnings are expected to increase by -12.63% in 2024, but the outlook is positive 6.70% per year for the next five years.

BEKE Dividends

KE Holdings Inc ADR’s next quarterly earnings report is expected to be released on 2024-Nov-06. The annual dividend yield of the stock is 1.58 percent and its annual dividend per share was 0.35. It is important to note, however, that the 1.58% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

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

BLACKROCK INC., with 3.0092% or 34.5 million shares worth $488.2 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

KraneShares CSI China Internet ETF and Price (T.Rowe) International Stock Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 14.76 shares worth $332.14 million, making up 1.27% of all outstanding shares. On the other hand, Price (T.Rowe) International Stock Fund held roughly 9.93 shares worth around $223.43 million, which represents about 0.85% of the total shares outstanding.