Is KE Holdings Inc. (NYSE:BEKE) a Good Pick for New Investors Now?

KE Holdings Inc. (NYSE:BEKE) shares, dropped in value on Wednesday, Apr 07, with the stock price down by -6.78% to the previous day’s close as weak demand from buyers trailed the stock to $56.08.

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Actively observing the price movement in the last trading, the stock closed the session at $60.16, falling within a range of $55.79 and $59.45. The value of beta (5-year monthly) was 0 whereas the PE ratio was 603.01 over 12-month period. Referring to stock’s 52-week performance, its high was $79.4, and the low was $31.79. On the whole, BEKE has fluctuated by 19.12% over the past month.

With the market capitalization of KE Holdings Inc. currently standing at about $61.96 Billion. The company’s Forward Dividend Ratio is 0, with its dividend yield at 0%. As a result, investors may see a weakening in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.14, which is expected to increase to $0.56 for fiscal year 2021 and then to about $1.33 by fiscal year 2022. Data indicates that the EPS growth is expected to be 0.66% in 2021, while the next year’s EPS growth is forecast to be 0.43%.

13 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 3 analyst(s), 9 recommend it as a Buy and no body called the BEKE stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and 1 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Overweight.

A comparison of KE Holdings Inc. (BEKE) with its peers suggests the former has fared considerably weaker in the market. BEKE showed an intraday change of -6.78% in last session, and over the past year, it dropped by 0%. In comparison, Brookfield Asset Management Inc (BAM) has moved higher at +0.47% on the day and was up +43.62% over the past 12 months. On the other hand, the price of Zillow Group Cl C (Z) has fallen -1.7% on the day. The stock, however, is off 271.52% from where it was a year ago. Additionally, there is a decline of -678% for CBRE Group Inc (CBRE) in last trading while the stock has seen an overall depriciation of 0% over the past year. The PE ratio stands at 603.01 for KE Holdings Inc., compared to 0 for Brookfield Asset Management Inc, and 0 for Zillow Group Cl C. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.

Data on historical trading for KE Holdings Inc. (NYSE:BEKE) indicates that the trading volumes over the past 10 days have averaged 2.91 Million and over the past 3 months, they’ve averaged 4.89 Million. According to company’s latest data on outstanding shares, there are 1.18 Billion shares outstanding.

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Nearly 0.9% of KE Holdings Inc.’s shares belong to company insiders and institutional investors own 17.75% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 13.15 Million shares as on March 14, 2021, resulting in a short ratio of 2.1. According to the data, the short interest in KE Holdings Inc. (BEKE) stood at 1.11% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 9.97 Million. The stock has fallen by -8.87% since the beginning of the year, thereby showing the risk of a further decline. This could cause investors’ confidence to be optimistic about the BEKE stock heading into the next quarter.


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