BEST Inc. [BEST] Revenue clocked in at $4.65 billion, down -28.92% YTD: What’s Next?

BEST Inc. [NYSE: BEST] traded at a high on 05/18/21, posting a 13.28 gain after which it closed the day’ session at $1.45. The company report on May 18, 2021 that BEST Inc. to Announce First Quarter 2021 Financial Results on June 8, 2021.

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BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, announced that it will release its unaudited financial results for the first quarter ended March 31, 2021, after the U.S. market closes on Tuesday, June 8, 2021.

The Company will hold a conference call to discuss the financial results at 9:00pm U.S. Eastern Time on Tuesday, June 8, 2021, or 9:00am Beijing Time on Wednesday, June 9, 2021.

The results of the trading session contributed to over 4917899 shares changing hands. Over the past one week, the price volatility of BEST Inc. stands at 10.15% while the volatility over the past one month is 7.91%.

The market cap for BEST stock reached $523.42 million, with 387.49 million shares outstanding and 194.22 million shares in the current float. Compared to the average trading volume of 2.99M shares, BEST reached a trading volume of 4917899 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about BEST Inc. [BEST]?

Goldman have made an estimate for BEST Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 03, 2020. The new note on the price target was released on May 15, 2020, representing the official price target for BEST Inc. stock. Previously, the target price had yet another raise to $6, while Oppenheimer analysts kept a Outperform rating on BEST stock.

The Average True Range (ATR) for BEST Inc. is set at 0.12, with the Price to Sales ratio for BEST stock in the period of the last 12 months amounting to 0.11. The Price to Book ratio for the last quarter was 2.07, with the Price to Cash per share for the same quarter was set at 0.71.

How has BEST stock performed recently?

BEST Inc. [BEST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.28. With this latest performance, BEST shares gained by 4.32% in over the last four-week period, additionally sinking by -55.11% over the last 6 months – not to mention a drop of -72.17% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BEST stock in for the last two-week period is set at 53.10, with the RSI for the last a single of trading hit 61.84, and the three-weeks RSI is set at 47.89 for BEST Inc. [BEST]. The present Moving Average for the last 50 days of trading for this stock 1.6560, while it was recorded at 1.2660 for the last single week of trading, and 2.6054 for the last 200 days.

BEST Inc. [BEST]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and BEST Inc. [BEST] shares currently have an operating margin of -5.65 and a Gross Margin at +0.79. BEST Inc.’s Net Margin is presently recorded at -5.53.

Return on Total Capital for BEST is now -13.91, given the latest momentum, and Return on Invested Capital for the company is -20.50. Return on Equity for this stock declined to -57.82, with Return on Assets sitting at -8.23. When it comes to the capital structure of this company, BEST Inc. [BEST] has a Total Debt to Total Equity ratio set at 551.52. Additionally, BEST Total Debt to Total Capital is recorded at 84.65, with Total Debt to Total Assets ending up at 48.59. Long-Term Debt to Equity for the company is recorded at 304.83, with the Long-Term Debt to Total Capital now at 46.79.

Reflecting on the efficiency of the workforce at the company, BEST Inc. [BEST] managed to generate an average of -$34,664 per employee. Receivables Turnover for the company is 15.15 with a Total Asset Turnover recorded at a value of 1.49.BEST Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.70.

Earnings analysis for BEST Inc. [BEST]

With the latest financial reports released by the company, BEST Inc. posted -0.26/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -44.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BEST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BEST Inc. go to 40.00%.

Insider trade positions for BEST Inc. [BEST]

There are presently around $121 million, or 33.50% of BEST stock, in the hands of institutional investors. The top three institutional holders of BEST stocks are: GOLDMAN SACHS GROUP INC with ownership of 12,568,324, which is approximately 2.816% of the company’s market cap and around 20.54% of the total institutional ownership; ALIBABA GROUP HOLDING LTD, holding 10,000,000 shares of the stock with an approximate value of $14.5 million in BEST stocks shares; and WELLS FARGO & COMPANY/MN, currently with $13.3 million in BEST stock with ownership of nearly -4.488% of the company’s market capitalization.

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Positions in BEST Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 32 institutional holders increased their position in BEST Inc. [NYSE:BEST] by around 13,317,670 shares. Additionally, 41 investors decreased positions by around 9,679,472 shares, while 10 investors held positions by with 60,578,190 shares. The mentioned changes placed institutional holdings at 83,575,332 shares, according to the latest SEC report filing. BEST stock had 12 new institutional investments in for a total of 9,791,326 shares, while 18 institutional investors sold positions of 4,301,441 shares during the same period.

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