Analysis Of The Weekly Performance Of KE Holdings Inc. (BEKE)

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KE Holdings Inc. (NYSE:BEKE) finished Thursday with a subtraction of -$0.02 to close at $14.25, a downside of -0.14 percent. An average of 6,870,640 shares of common stock have been traded in the last five days. There was a fall of -$0.57 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 15,619,465 shares traded, while the 50-day average volume stands at 14,734,962.

BEKE stock has decreased by -5.69% in the last month. The company shares reached their 1-month lowest point of $13.94 on 12/14/22. With the stock rallying to its 52-week high on 01/20/22, shares of the company touched a low of $7.31 and a high of $24.85 in 52 weeks. It has reached a new high 7 times so far this year and lost -29.17% or -$5.87 in price. In spite of this, the price is down -42.66% from the 52-week high.


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Valuation Metrics

KE Holdings Inc. (BEKE) has a trailing price-to-sales (P/S) ratio at 1.92, the price-to-book (PB) ratio at 1.72, and the price-to-cash flow ratio at 16.73.

Financial Health

The quick ratio of KE Holdings Inc. for the three months ended June 29 was 2.10, and the current ratio was 2.10, 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 0.94%, while its operating margin for the same period stands at -5.00%. Its gross profit as reported stood at -$212.61 million compared to revenue of $12.67 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%.

Earnings Surprise

For the three-month period that ended June 29, KE Holdings Inc. had $4.61 billion in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$82.25 million in the quarter, while revenues were grew 234.25%. The analyst consensus anticipated KE Holdings Inc.’s latest quarter earnings to come in at -$0.21 per share, but it turned out to be -$0.07, a 66.70% surprise. For the quarter, EBITDA amounted to $170.9 million. At the end of the quarter ending June 29, KE Holdings Inc.’s stock balance sheet showed total debt was $9.08 billion.

Technical Picture

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 29 December was 42.93%, suggesting the stock is Neutral, with historical volatility in this time frame at 46.10%.

As of today, BEKE’s price is $14.47 -3.85% or -$0.57 from its 5-day moving average. BEKE is currently trading -15.78% lower than its 20-day SMA and -0.28% lower than its 100-day SMA. However, the stock’s current price level is +17.00% above the SMA50 and +57.28% above the SMA200.

The stochastic %K and %D were 18.89% and 16.15%, respectively, and the average true range (ATR) was 0.85. With the 14-day stochastic at 13.25% and the average true range at 0.95, the RSI (14) stands at 46.46%. The stock has reached -0.09 on the 9-day MACD Oscillator while the 14-day reading was at -0.14.

Analyst Ratings

HSBC Securities upgraded KE Holdings Inc. (NYSE: BEKE) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for KE Holdings Inc. (BEKE) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BEKE, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 17 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 $108.63 and $215.68, with a median target of $147.57. Taking a look at these predictions, the average price target given by analysts for KE Holdings Inc. (BEKE) stock is $150.85.

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