KE Holdings Inc ADR (BEKE) Analysis & Forecast for 2024

KE Holdings Inc ADR (NYSE: BEKE) is -17.58% lower on its value in year-to-date trading and has touched a low of $12.44 and a high of $20.48 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 $13.39 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $13.36, the stock is -8.07% and -7.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.22 million and changing -0.22% at the moment leaves the stock -9.81% off its SMA200. BEKE registered -17.53% loss for a year compared to 6-month gain of -4.78%.

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The stock witnessed a -11.93% loss in the last 1 month and extending the period to 3 months gives it a -14.96%, and is -7.99% 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 2.58% over the week and 2.78% over the month.

KE Holdings Inc ADR (BEKE) has around 116344 employees, a market worth around $15.57B and $10.76B in sales. Current P/E ratio is 27.57 and Fwd P/E is 11.56. Profit margin for the company is 5.33%. Distance from 52-week low is 7.40% and -34.77% from its 52-week high. The company has generated returns on investments over the last 12 months (5.30%).

with sales reaching $3.24B over the same period.The EPS is expected to shrink by -12.03% this year, but quarterly earnings will post 12.50% year-over-year.

KE Holdings Inc ADR (BEKE) Top Institutional Holders

The shares outstanding are 1.17B, and float is at 1.16B with Short Float at 2.97%.

The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 43.13 million shares valued at $610.24 million. The investor’s holdings represent 3.7615% of the BEKE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 34.5 million shares valued at $488.2 million to account for 3.0092 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 25.32 million shares representing 2.208% and valued at over $358.21 million, while HHLR ADVISORS, LTD. holds 2.0211 of the shares totaling 23.17 million with a market value of $327.89 million.