234 institutions hold shares in KE Holdings Inc. (BEKE), with 10.72M shares held by insiders accounting for 0.90% while institutional investors hold 14.52% of the company’s shares. The shares outstanding are 1.18B, and float is at 877.30M with Short Float at 1.50%. Institutions hold 14.39% of the Float.
The top institutional shareholder in the company is Baillie Gifford and Company with over 17.63 million shares valued at $1.09 billion. The investor’s holdings represent 1.98% of the BEKE Shares outstanding. As of Dec 30, 2020, the second largest holder is SC US (TTGP) Ltd with 10.96 million shares valued at $674.78 million to account for 1.23% of the shares outstanding. The other top investors are FMR, LLC which holds 7.9 million shares representing 0.89% and valued at over $486.41 million, while Capital World Investors holds 0.82% of the shares totaling 7.25 million with a market value of $446.32 million.
KE Holdings Inc. (NYSE: BEKE) is -10.03% lower on its value in year-to-date trading and has touched a low of $31.79 and a high of $79.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BEKE stock was last observed hovering at around $56.35 in the last trading session, with the day’s loss setting it -0.98% off its average median price target of $498.32 for the next 12 months. It is also 91.02% off the consensus price target high of $616.57 offered by 12 analysts, but current levels are 71.61% higher than the price target low of $195.02 for the same period.
Currently trading at $55.37, the stock is -5.86% and -12.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.49 million and changing -1.74% at the moment leaves the stock -10.18% off its SMA200. BEKE registered a gain of -2.81% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $62.48 and a 200-day simple moving average (SMA200) of $64.06.
The stock witnessed a -13.25% loss in the last 1 month and extending the period to 3 months gives it a -15.26%, and is -14.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.26% over the week and 9.25% over the month.
KE Holdings Inc. (BEKE) has around 87706 employees, a market worth around $66.05B and $10.77B in sales. Current P/E ratio is 595.38 and Fwd P/E is 41.73. Distance from 52-week low is 74.17% and -30.26% from its 52-week high. The company has generated returns on investments over the last 12 months (264.80%).
KE Holdings Inc. (BEKE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for KE Holdings Inc. (BEKE) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.20, where 3 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
KE Holdings Inc. is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $2.81B over the same period.The EPS is expected to shrink by -69.70% this year, but quarterly earnings will post 27.60% year-over-year.