The stock of KE Holdings Inc ADR (NYSE: BEKE) has increased by 0.26 when compared to last closing price of 19.69. Despite this, the company has experienced a 37.37% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-24 that KE Hodlings (BEKE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road.
Is It Worth Investing in KE Holdings Inc ADR (NYSE: BEKE) Right Now?
The price-to-earnings ratio for KE Holdings Inc ADR (NYSE: BEKE) is above average at 40.74x. The 36-month beta value for BEKE is also noteworthy at -0.72. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 5 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for BEKE is 1.15B, and at present, short sellers hold a 2.61% of that float. The average trading volume of BEKE on September 27, 2024 was 7.43M shares.
BEKE’s Market Performance
BEKE stock saw an increase of 37.37% in the past week, with a monthly gain of 42.12% and a quarterly increase of 39.51%. The volatility ratio for the week is 6.27%, and the volatility levels for the last 30 days are 3.55% for KE Holdings Inc ADR (BEKE). The simple moving average for the past 20 days is 32.88% for BEKE’s stock, with a 33.31% simple moving average for the past 200 days.
Analysts’ Opinion of BEKE
Many brokerage firms have already submitted their reports for BEKE stocks, with Citigroup repeating the rating for BEKE by listing it as a “Buy.” The predicted price for BEKE in the upcoming period, according to Citigroup is $23.80 based on the research report published on September 10, 2024 of the current year 2024.
New Street, on the other hand, stated in their research note that they expect to see BEKE reach a price target of $22. The rating they have provided for BEKE stocks is “Buy” according to the report published on May 09th, 2023.
BEKE Trading at 36.43% from the 50-Day Moving Average
After a stumble in the market that brought BEKE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.61% of loss for the given period.
Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 6.27%, as shares surge +37.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.99% upper at present.
During the last 5 trading sessions, BEKE rose by +38.31%, which changed the moving average for the period of 200-days by +30.93% in comparison to the 20-day moving average, which settled at $15.13. In addition, KE Holdings Inc ADR saw 21.78% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BEKE starting from IDEAL ELECT LIMITED, who proposed sale 500,000 shares at the price of $13.23 back on Sep 26 ’24. After this action, IDEAL ELECT LIMITED now owns shares of KE Holdings Inc ADR, valued at $6,615,000 using the latest closing price.
Clover Rich Limited, the Director of KE Holdings Inc ADR, proposed sale 1,210,078 shares at $13.36 during a trade that took place back on Sep 24 ’24, which means that Clover Rich Limited is holding shares at $16,166,642 based on the most recent closing price.
Stock Fundamentals for BEKE
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.21 for the gross margin
The net margin for KE Holdings Inc ADR stands at 0.06. The total capital return value is set at 0.03. Equity return is now at value 5.82, with 3.47 for asset returns.
Based on KE Holdings Inc ADR (BEKE), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38.
Currently, EBITDA for the company is 8.5 billion with net debt to EBITDA at 2.11. When we switch over and look at the enterprise to sales, we see a ratio of 2.37. The receivables turnover for the company is 6.66for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
In summary, KE Holdings Inc ADR (BEKE) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
