KE Holdings Inc ADR [BEKE] stock Initiated by New Street analyst, price target now $22

KE Holdings Inc ADR [NYSE: BEKE] jumped around 0.49 points on Monday, while shares priced at $13.07 at the close of the session, up 3.90%.

Compared to the average trading volume of 7.54M shares, BEKE reached a trading volume of 8332949 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about KE Holdings Inc ADR [BEKE]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BEKE shares is $21.13 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 1.36. 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.

New Street have made an estimate for KE Holdings Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 09, 2023. While these analysts kept the previous recommendation, Daiwa Securities raised their target price to Buy. The new note on the price target was released on February 24, 2023, representing the official price target for KE Holdings Inc ADR stock. On January 12, 2023, analysts increased their price target for BEKE shares from 17 to 21.

The Average True Range (ATR) for KE Holdings Inc ADR is set at 0.45, with the Price to Sales ratio for BEKE stock in the period of the last 12 months amounting to 1.40. The Price to Book ratio for the last quarter was 1.59, with the Price to Cash per share for the same quarter was set at 7.18.

How has BEKE stock performed recently?

KE Holdings Inc ADR [BEKE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.93. With this latest performance, BEKE shares dropped by -6.84% in over the last four-week period, additionally sinking by -11.99% over the last 6 months – not to mention a drop of -25.91% 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 BEKE stock in for the last two-week period is set at 42.52, with the RSI for the last a single of trading hit 41.49, and the three-weeks RSI is set at 43.74 for KE Holdings Inc ADR [BEKE]. The present Moving Average for the last 50 days of trading for this stock 13.69, while it was recorded at 12.84 for the last single week of trading, and 15.01 for the last 200 days.

KE Holdings Inc ADR [BEKE]: Deeper insight into the fundamentals

KE Holdings Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.74 and a Current Ratio set at 1.76.

Earnings analysis for KE Holdings Inc ADR [BEKE]

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 ADR go to 57.00%.

Insider trade positions for KE Holdings Inc ADR [BEKE]

The top three institutional holders of BEKE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in BEKE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BEKE stock with ownership which is approximately 5.8386%.