KE Holdings Inc ADR (NYSE: BEKE): At Current Prices, Does It Make Sense To Wait?

KE Holdings Inc ADR (NYSE:BEKE)’s traded shares stood at 4.14 million during the last session, with the company’s beta value hitting -0.71. At the close of trading, the stock’s price was $20.65, to imply a decrease of -0.91% or -$0.19 in intraday trading. The BEKE share’s 52-week high remains $26.05, putting it -26.15% down since that peak but still an impressive 39.76% since price per share fell to its 52-week low of $12.44. The company has a valuation of $23.87B, with an average of 12.65 million shares in intraday trading volume over the past 10 days and average of 11.76 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for KE Holdings Inc ADR (BEKE), translating to a mean rating of 1.26. Of 3 analyst(s) looking at the stock, 0 analyst(s) give BEKE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 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

After registering a -0.91% downside in the last session, KE Holdings Inc ADR (BEKE) has traded red over the past five days. The 5-day price performance for the stock is -5.84%, and 21.97% over 30 days. With these gigs, the year-to-date price performance is 27.39%. Short interest in KE Holdings Inc ADR (NYSE:BEKE) saw shorts transact 32.35 million shares and set a 2.63 days time to cover.

The extremes give us $19.8 and $30 for target low and target high price respectively. As such, BEKE has been trading -45.28% off suggested target high and 4.12% from its likely low.

KE Holdings Inc ADR (BEKE) estimates and forecasts

Looking at statistics comparing KE Holdings Inc ADR share performance against respective industry, we note that the company has underperformed competitors. KE Holdings Inc ADR (BEKE) shares are 50.40% up over the last 6 months, with its year-to-date growth rate lower than industry average at -13.04% against 9.00%. Revenue is forecast to shrink -16.00% this quarter before jumping 30.00% for the next one. The rating firms project that company’s revenue will grow 12.20% compared to the previous financial year.

Revenue forecast for the current quarter as set by 7 analysts is 3.22B. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 3.55B.

BEKE Dividends

KE Holdings Inc ADR has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is BLACKROCK INC. with 34.5 million shares, or about 3.0092% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $488.2 million.