KE Holdings Inc ADR [BEKE] stock Upgrade by BofA Securities analyst, price target now $28

KE Holdings Inc ADR [NYSE: BEKE] gained 0.36% on the last trading session, reaching $22.17 price per share at the time.

If compared to the average trading volume of 12.15M shares, BEKE reached a trading volume of 6813245 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Here is what top equities market gurus are saying 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 $24.77 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 1.19. 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.

BofA Securities have made an estimate for KE Holdings Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 30, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on September 10, 2024, representing the official price target for KE Holdings Inc ADR stock. Previously, the target price had yet another raise to $22, while New Street analysts kept a Buy rating on BEKE stock.

The Average True Range (ATR) for KE Holdings Inc ADR is set at 1.23, with the Price to Sales ratio for BEKE stock in the period of the last 12 months amounting to 2.38. The Price to Book ratio for the last quarter was 2.70, with the Price to Cash per share for the same quarter was set at 7.12.

Trading performance analysis for BEKE stock

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 0.41. With this latest performance, BEKE shares dropped by -14.07% in over the last four-week period, additionally plugging by 30.41% over the last 6 months – not to mention a rise of 49.19% 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 58.19, with the RSI for the last a single of trading hit 58.57, and the three-weeks RSI is set at 58.53 for KE Holdings Inc ADR [BEKE]. The present Moving Average for the last 50 days of trading for this stock 18.67, while it was recorded at 22.10 for the last single week of trading, and 15.73 for the last 200 days.

KE Holdings Inc ADR [BEKE]: A deeper dive into fundamental analysis

KE Holdings Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.59 and a Current Ratio set at 1.62.

KE Holdings Inc ADR [BEKE]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, KE Holdings Inc ADR posted 0.25/share EPS, while the average EPS was predicted by analysts to be reported at 0.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.13. 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 6.69%.

An analysis of Institutional ownership at KE Holdings Inc ADR [BEKE]

The top three institutional holders of BEKE stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 43.13 million shares, which is approximately 3.7615%. BLACKROCK INC., holding 34.5 million shares of the stock with an approximate value of $$488.2 million in BEKE stocks shares; and BLACKROCK INC., currently with $$358.21 million in BEKE stock with ownership which is approximately 2.208%.

Most Popular