KE Holdings Inc ADR (NYSE:BEKE) Has Already Recovered 36.11%, But Another -33.8% Drop Cannot Be Ruled Out.

In last trading session, KE Holdings Inc ADR (NYSE:BEKE) saw 18.19 million shares changing hands with its beta currently measuring -0.71. Company’s recent per share price level of $19.47 trading at -$2.46 or -11.22% at ring of the bell on the day assigns it a market valuation of $22.50B. That closing price of BEKE’s stock is at a discount of -33.8% from its 52-week high price of $26.05 and is indicating a premium of 36.11% from its 52-week low price of $12.44. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 19.03 million shares which gives us an average trading volume of 11.50 million if we extend that period to 3-months.

For KE Holdings Inc ADR (BEKE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.26. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.21 in the current quarter.

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

Upright in the red during last session for losing -11.22%, in the last five days BEKE remained trading in the red while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $19.47 price level, adding 17.81% to its value on the day. KE Holdings Inc ADR’s shares saw a change of 20.11% in year-to-date performance and have moved -9.69% in past 5-day. KE Holdings Inc ADR (NYSE:BEKE) showed a performance of 38.68% in past 30-days. Number of shares sold short was 32.35 million shares which calculate 2.63 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 22.5 to the stock, which implies a rise of 13.47% to its current value. Analysts have been projecting 19.8 as a low price target for the stock while placing it at a high target of 30. It follows that stock’s current price would drop -1.69% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1.69% for stock’s current value.

KE Holdings Inc ADR (BEKE) estimates and forecasts

Statistics highlight that KE Holdings Inc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 52.71% of value to its shares in past 6 months, showing an annual growth rate of -13.04% while that of industry is 8.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 12.30% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.22B for the same. And 5 analysts are in estimates of company making revenue of 3.55B in the next quarter.

In 2024, company’s earnings growth rate is likely to be around -11.79% while estimates for its earnings growth in next 5 years are of 6.70%.

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

PRICE T ROWE ASSOCIATES INC /MD/ is the top institutional holder at BEKE for having 43.13 million shares of worth $610.24 million. And as of 2024-06-30, it was holding 3.7615 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 34.5 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.0092 of outstanding shares, having a total worth of $488.2 million.