The stock of KE Holdings Inc. (NYSE:BEKE) last traded at $15.80, up 0.51% from the previous session.
Data from the available sources indicates that KE Holdings Inc. (NYSE:BEKE) is covered by 24 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $228.47 and a low of $66.94, we find $177.32. Given the previous closing price of $15.72, this indicates a potential upside of 1027.99 percent. BEKE stock price is now -0.46% away from the 50-day moving average and -4.81% away from the 200-day moving average. The market capitalization of the company currently stands at $18.75B.
In total, 1 analysts have assigned it a hold rating, and 21 have given it a buy rating. Brokers who have rated the stock have averaged $172.81 as their price target over the next twelve months.
With the price target of $22, New Street recently initiated with Buy rating for KE Holdings Inc. (NYSE: BEKE).
A total of 1.42% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BEKE stock. A new stake in KE Holdings Inc. shares was purchased by NINETY ONE UK LTD during the first quarter worth $48,287,000. D. E. SHAW & CO., INC. invested $25,667,000 in shares of BEKE during the first quarter. In the first quarter, CAPITAL INTERNATIONAL, INC./CA/ acquired a new stake in KE Holdings Inc. valued at approximately $24,136,000. SYLEBRA CAPITAL LTD acquired a new stake in BEKE for approximately $22,984,000. NINETY ONE NORTH AMERICA, INC. purchased a new stake in BEKE valued at around $19,470,000 in the second quarter. In total, there are 450 active investors with 42.10% ownership of the company’s stock.
With an opening price of $15.66 on Tuesday morning, KE Holdings Inc. (NYSE: BEKE) set off the trading day. During the past 12 months, KE Holdings Inc. has had a low of $8.99 and a high of $20.86. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 1.90, and a quick ratio of 1.90. According to the stock market information, the enterprise value for the company is $14.18B, which is based on a 27.01 price-to-earnings ratio, a 0.41 price-to-earnings-growth ratio, and a beta of -0.97. The fifty day moving average price for BEKE is $16.06 and a two-hundred day moving average price translates $16.77 for the stock.
The latest earnings results from KE Holdings Inc. (NYSE: BEKE) was released for Jun, 2023. According to the Real Estate Services Company, earnings per share came in at $0.27, beating analysts’ expectations of $0.2 by 0.07. This compares to -$0.23 EPS in the same period last year. The net profit margin was 7.00% and return on equity was 7.30% for BEKE. The company reported revenue of $2.69 billion for the quarter, compared to $2.06 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.63 percent. For the current quarter, analysts expect BEKE to generate $2.41B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 10/03/2023. Investors who held shares on 09/15/2023 were paid a $0.171 dividend.
