Can KE Holdings Inc ADR (BEKE) stock recover despite sales dropping?

In yesterday’s Wall Street session, KE Holdings Inc ADR (NYSE:BEKE) shares traded at $14.89, up 1.02% from the previous session.

24 analysts cover KE Holdings Inc ADR (NYSE:BEKE), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $225.61 and a low of $138.24, we find $176.95. Given the previous closing price of $14.74, this indicates a potential upside of 1100.47 percent. BEKE stock price is now -5.65% away from the 50-day moving average and -9.60% away from the 200-day moving average. The market capitalization of the company currently stands at $17.66B.

The stock has received a hold rating from 1 analysts and a buy rating from 21. Brokers who have rated the stock have averaged $175.48 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 ADR (NYSE: BEKE).

A total of 2.45% of the company’s stock is owned by insiders.

On Wednesday morning KE Holdings Inc ADR (NYSE: BEKE) stock kicked off with the opening price of $15.11. During the past 12 months, KE Holdings Inc ADR has had a low of $10.03 and a high of $20.86. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 1.90, and a quick ratio of 1.88. The fifty day moving average price for BEKE is $15.82 and a two-hundred day moving average price translates $16.62 for the stock.

The latest earnings results from KE Holdings Inc ADR (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 7.48% 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 $2.4B in revenue.

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