KE Holdings Inc. (NYSE:BEKE) finished Wednesday with an addition of $1.49 to close at $22.09, an upside of 7.23 percent. An average of 9,714,020 shares of common stock have been traded in the last five days. There was a gain of $4.29 in the past week. The last 20 days have seen an average of 9,688,900 shares traded, while the 50-day average volume stands at 12,987,360.
BEKE stock has increased by 26.66% in the last month. The company shares reached their 1-month lowest point of $15.15 on 09/20/21. With the stock rallying to its 52-week high on 01/21/21, shares of the company touched a low of $15.15 and a high of $79.40 in 52 weeks. In spite of this, the price is down -72.18% from the 52-week high.
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KE Holdings Inc. (BEKE) has a trailing price-to-earnings (P/E) ratio of 54.81, which compares with the 17.60 for the broader industry and 38.25 for the sector. In the last five years, KE Holdings Inc.’s PE ratio has ranged between 168.50 and 41.87. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.90, the price-to-book (PB) ratio at 2.41.
The quick ratio of KE Holdings Inc. for the three months ended June 29 was 2.50, and the current ratio was 2.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.01 for the quarter ending June 29. KE Holdings Inc.’s EBITDA margin for the year ending June 29 is 6.03%, while its operating margin for the same period stands at 3.80%. Its gross profit as reported stood at $435.53 million compared to revenue of $10.8 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, KE Holdings Inc.’s return on assets was 2.60%. For the broader industry, ROE averaged 6.48 over the past year.
The analyst consensus anticipated KE Holdings Inc.’s latest quarter earnings to come in at $0.23 per share, but it turned out to be $0.21, a -8.70% surprise. For the quarter, EBITDA amounted to $172.81 million. At the end of the quarter ending June 29, KE Holdings Inc.’s stock balance sheet showed total debt was $8.04 billion.
From a technical analysis perspective, let’s take a brief look at KE Holdings Inc. (BEKE) price momentum. RSI 9-day as of the close on 13 October was 76.45%, suggesting the stock is Overbought, with historical volatility in this time frame at 54.59%.
As of today, BEKE’s price is $20.35 +24.10% or $4.29 from its 5-day moving average. BEKE is currently trading +30.02% higher than its 20-day SMA and -55.93% lower than its 100-day SMA. However, the stock’s current price level is +4.10% above the SMA50 and -64.60% below the SMA200.
The stochastic %K and %D were 91.71% and 88.85%, respectively, and the average true range (ATR) was 1.38. With the 14-day stochastic at 98.28% and the average true range at 1.47, the RSI (14) stands at 64.43%. The stock has reached 1.75 on the 9-day MACD Oscillator while the 14-day reading was at 2.39.
Goldman downgraded KE Holdings Inc. (NYSE: BEKE) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for KE Holdings Inc. (BEKE) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BEKE, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.
What is BEKE’s price target for the next 12 months?
Analysts predict a range of price targets between $116.59 and $254.35, with a median target of $136.02. Taking a look at these predictions, the average price target given by analysts for KE Holdings Inc. (BEKE) stock is $158.11.