There’s Something Awry at KE Holdings Inc ADR (NYSE:BEKE) Since Share Price Gets Ahead of Fundamentals

The stock of KE Holdings Inc ADR (NYSE:BEKE) last traded at $14.84, up 1.85% from the previous session.

Data from the available sources indicates that KE Holdings Inc ADR (NYSE:BEKE) is covered by 25 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $231.95 and a low of $138.42, we find $174.12. Given the previous closing price of $14.57, this indicates a potential upside of 1095.06 percent. BEKE stock price is now -5.76% away from the 50-day moving average and -9.72% away from the 200-day moving average. The market capitalization of the company currently stands at $17.84B.

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In total, 1 analysts have assigned it a hold rating, and 22 have given it a buy rating. Brokers who have rated the stock have averaged $175.46 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.

With an opening price of $14.47 on Friday morning, KE Holdings Inc ADR (NYSE: BEKE) set off the trading day. During the past 12 months, KE Holdings Inc ADR has had a low of $10.79 and a high of $20.86. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.82, and a quick ratio of 1.82. According to the stock market information, the enterprise value for the company is $12.52B, which is based on a 22.53 price-to-earnings ratio, a 0.37 price-to-earnings-growth ratio, and a beta of -0.88. The fifty day moving average price for BEKE is $15.73 and a two-hundred day moving average price translates $16.56 for the stock.

The latest earnings results from KE Holdings Inc ADR (NYSE: BEKE) was released for Sep, 2023. The net profit margin was 7.59% and return on equity was 8.18% for BEKE. The company reported revenue of $2.44 billion for the quarter, compared to $2.47 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.31 percent.

KE Holdings Inc ADR(BEKE) Company Profile

KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People’s Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services. The company provides Beike, an integrated online and offline platform for housing transactions and services; Agent Cooperation Network, an operating system that fosters reciprocity and bonding among various service providers; SaaS Systems; owns and operates Lianjia, a real estate brokerage branded store; owns Deyou brand for connected brokerage stores; and other brands. The company was founded in 2001 and is headquartered in Beijing, the People’s Republic of China.

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