In the last trading session, 25.87 million KE Holdings Inc ADR (NYSE:BEKE) shares changed hands as the company’s beta touched -0.85. With the company’s per share price at $23.27 changed hands at -$1.82 or -7.25% during last session, the market valuation stood at $25.70B. BEKE’s last price was a discount, traded about -11.95% off its 52-week high of $26.05. The share price had its 52-week low at $12.48, which suggests the last value was 46.37% up since then. When we look at KE Holdings Inc ADR’s average trading volume, we note the 10-day average is 12.87 million shares, with the 3-month average coming to 8.35 million.
Analysts gave the KE Holdings Inc ADR (BEKE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BEKE as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
KE Holdings Inc ADR (NYSE:BEKE) trade information
Instantly BEKE was in red as seen at the end of in last trading. With action -0.64%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 26.33%, with the 5-day performance at -0.64% in the red. However, in the 30-day time frame, KE Holdings Inc ADR (NYSE:BEKE) is 13.51% up. Looking at the short shares, we see there were 36.54 million shares sold at short interest cover period of 3.7 days.
The consensus price target for the stock as assigned by Wall Street analysts is 28, meaning bulls need an upside of 16.89% from its current market value. According to analyst projections, BEKE’s forecast low is 28 with 28 as the target high. To hit the forecast high, the stock’s price needs a -20.33% plunge from its current level, while the stock would need to soar -20.33% for it to hit the projected low.
The 2025 estimates are for KE Holdings Inc ADR earnings to increase by 32.65%, but the outlook for the next 5-year period is at 24.51% per year.
BEKE Dividends
KE Holdings Inc ADR is expected to release its next quarterly earnings report on 2024-Nov-20.
KE Holdings Inc ADR (NYSE:BEKE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.28% of KE Holdings Inc ADR shares while 45.27% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 45.85%. There are 45.27% institutions holding the KE Holdings Inc ADR stock share, with PRICE T ROWE ASSOCIATES INC /MD/ the top institutional holder. As of 2024-06-30, the company held 3.6925% of the shares, roughly 43.13 million BEKE shares worth $610.24 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 3.0092% or 34.5 million shares worth $488.2 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were KraneShares CSI China Internet ETF and Price (T.Rowe) International Growth Equity Trust . With 12.38 shares estimated at $288.02 million under it, the former controlled 1.07% of total outstanding shares. On the other hand, Price (T.Rowe) International Growth Equity Trust held about 0.78% of the shares, roughly 9.03 shares worth around $210.06 million.
