KE Holdings Inc ADR (NYSE:BEKE) price closed higher on Monday, March 25, jumping 2.27% above its previous close.
A look at the daily price movement shows that the last close reads $13.64. The company’s 5Y monthly beta was ticking -0.74 while its P/E ratio in the trailing 12-month period read 20.14. Taking into account the 52-week price action we note that the stock hit a 52-week high of $19.74 and 52-week low of $12.44. The stock subtracted -1.34% on its value in the past month.
KE Holdings Inc ADR, which has a market valuation of $16.56 billion, is expected to release its quarterly earnings report May 16, 2024 – May 20, 2024. Analysts tracking BEKE have forecast the quarterly EPS to grow by 0.12 per share this quarter, while the same analysts predict the annual EPS to hit $1.05 for the year 2024 and up to $1.21 for 2025. In this case, analysts estimate an annual EPS growth of -7.10% for the year and 15.20% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $2.21 billion, with the likely lows of $2.05 billion and highs of $2.29 billion. The average estimate suggests sales growth for the quarter will likely fall by -12.20% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $11.62 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 8.10% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with 1 upward and no downward reviews. On the technical perspective front, indicators give BEKE a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.35. The overview shows that BEKE’s price is at present 2.56% off the SMA20 and 1.10% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.14, with weekly volatility standing at 2.72%. The indicator jumps to 3.09% when calculated based on the past 30 days. KE Holdings Inc ADR (NYSE:BEKE)’s beta value is holding at -0.74, while the average true range (ATR) indicator is currently reading 0.48.
An analysis of the KE Holdings Inc ADR (NYSE:BEKE) stock in terms of its daily trading volume indicates that the 3-month average is 7.66 million.
Current records show that the company has 1.19B in outstanding shares. The insiders’ percentage holdings are 1.68% of outstanding shares while the percentage share held by institutions stands at 39.68%. But the -13.94% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
