KE Holdings Inc. [BEKE] Revenue clocked in at $10.93 billion, down -18.33% YTD: What’s Next?

KE Holdings Inc. [NYSE: BEKE] closed the trading session at $50.26 on 05/18/21. The day’s price range saw the stock hit a low of $49.63, while the highest price level was $50.87. The company report on May 7, 2021 that KE Holdings Inc. to Report First Quarter 2021 Financial Results on May 19, 2021 Eastern Time.

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KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, announced that it will report its unaudited financial results for the first quarter of 2021 after the U.S. market close on Wednesday, May 19, 2021.

The Company’s management will hold an earnings conference call at 9:00 P.M. Eastern Time on Wednesday, May 19, 2021 (9:00 A.M. Beijing Time on Thursday, May 20, 2021).

The stocks have a year to date performance of -18.33 percent and weekly performance of 4.19 percent. The stock has been moved at -30.70 percent over the last six months. The stock has performed -0.32 percent around the most recent 30 days and changed -24.61 percent over the most recent 3-months.

If compared to the average trading volume of 4.67M shares, BEKE reached to a volume of 6595826 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about KE Holdings Inc. [BEKE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BEKE shares is $73.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BEKE stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

China Renaissance have made an estimate for KE Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 23, 2021. The new note on the price target was released on March 18, 2021, representing the official price target for KE Holdings Inc. stock. Previously, the target price had yet another raise to $69, while Goldman analysts kept a Buy rating on BEKE stock.

The Average True Range (ATR) for KE Holdings Inc. is set at 2.57, with the Price to Sales ratio for BEKE stock in the period of the last 12 months amounting to 5.16. The Price to Book ratio for the last quarter was 3.76, with the Price to Cash per share for the same quarter was set at 7.82.

BEKE stock trade performance evaluation

KE Holdings Inc. [BEKE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.19. With this latest performance, BEKE shares dropped by -0.32% in over the last four-week period, additionally sinking by -30.70% over the last 6 months.

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 BEKE stock in for the last two-week period is set at 45.72, with the RSI for the last a single of trading hit 48.10, and the three-weeks RSI is set at 45.15 for KE Holdings Inc. [BEKE]. The present Moving Average for the last 50 days of trading for this stock 54.88, while it was recorded at 49.42 for the last single week of trading.

KE Holdings Inc. [BEKE]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and KE Holdings Inc. [BEKE] shares currently have an operating margin of +4.37 and a Gross Margin at +23.92. KE Holdings Inc.’s Net Margin is presently recorded at +3.94.

Return on Total Capital for BEKE is now 5.00, given the latest momentum, and Return on Invested Capital for the company is 4.90. Return on Equity for this stock inclined to 5.47, with Return on Assets sitting at 3.14. When it comes to the capital structure of this company, KE Holdings Inc. [BEKE] has a Total Debt to Total Equity ratio set at 11.96. Additionally, BEKE Total Debt to Total Capital is recorded at 10.69, with Total Debt to Total Assets ending up at 7.66. Long-Term Debt to Equity for the company is recorded at 5.76, with the Long-Term Debt to Total Capital now at 5.15.

Receivables Turnover for the company is 4.21 with a Total Asset Turnover recorded at a value of 0.80.KE Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.60 and a Current Ratio set at 2.60.

Earnings per share (EPS) analysis for KE Holdings Inc. [BEKE] stock

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 BEKE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for KE Holdings Inc. go to 5.98%.

KE Holdings Inc. [BEKE]: Insider Ownership positions

There are presently around $13,660 million, or 19.80% of BEKE stock, in the hands of institutional investors. The top three institutional holders of BEKE stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 104,532,165, which is approximately New of the company’s market cap and around 0.90% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 20,167,175 shares of the stock with an approximate value of $1.01 billion in BEKE stocks shares; and JPMORGAN CHASE & CO, currently with $553.95 million in BEKE stock with ownership of nearly 1236.301% of the company’s market capitalization.

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Positions in KE Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 140 institutional holders increased their position in KE Holdings Inc. [NYSE:BEKE] by around 156,012,641 shares. Additionally, 70 investors decreased positions by around 31,555,231 shares, while 22 investors held positions by with 84,216,286 shares. The mentioned changes placed institutional holdings at 271,784,158 shares, according to the latest SEC report filing. BEKE stock had 47 new institutional investments in for a total of 112,683,436 shares, while 34 institutional investors sold positions of 16,771,318 shares during the same period.

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