KE Holdings Inc. (NYSE: BEKE) is -4.35% 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 $60.88 in the last trading session, with the day’s loss setting it -2.02% off its average median price target of $498.32 for the next 12 months. It is also 90.45% off the consensus price target high of $616.57 offered by 12 analysts, but current levels are 70.07% higher than the price target low of $196.65 for the same period.
Currently trading at $58.86, the stock is 1.19% and -5.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -3.32% at the moment leaves the stock -4.36% off its SMA200. BEKE registered a loss of -5.14% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $61.18 and a 200-day simple moving average (SMA200) of $64.21.
The stock witnessed a 11.73% gain in the last 1 month and extending the period to 3 months gives it a -4.35%, and is 4.45% up 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 4.97% over the week and 8.29% over the month.
KE Holdings Inc. (BEKE) has around 87706 employees, a market worth around $65.03B and $10.76B in sales. Current P/E ratio is 632.90 and Fwd P/E is 44.39. Distance from 52-week low is 85.15% and -25.87% from its 52-week high. The company has generated returns on investments over the last 12 months (265.00%).
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 09/01/2021 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.
KE Holdings Inc. (BEKE) Top Institutional Holders
309 institutions hold shares in KE Holdings Inc. (BEKE), with 10.7M shares held by insiders accounting for 0.90% while institutional investors hold 17.80% 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 17.64% 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.