KE Holdings Inc. (NYSE:BEKE) traded at $51.61 at close of the session on Tuesday, May 04, made a downturn move of -0.85% on its previous day’s price.
Looking at the stock we see that its previous close was $52.05 and the beta (5Y monthly) reads 0 with the day’s price range being $51.55 – 52.99. The company has a trailing 12-month PE ratio of 348.72. In terms of its 52-week price range, BEKE has a high of $79.4 and a low of $31.79. The company’s stock has gained about -15.23% over that past 30 days.
KE Holdings Inc. has a market cap of $61.8 Billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the BEKE stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.15, with the EPS growth for the year raised at $0.95 for 2021 and $1.34 for next year. These figures represent 0.67% and 0.41% growth in EPS for the two years respectively.
Based on estimates by 14 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the KE Holdings Inc. (BEKE) stock as a Hold, while 11 rate it as a Buy. None analyst(s) rate it as outperform while none of them rated it as underperform, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Let’s briefly compare KE Holdings Inc. (BEKE) stock to its peers. We find that current price change of -0.85% and 0% over the past 12 months for BEKE competes that of Brookfield Asset Management Inc (BAM), which has seen its stock price rise 0.33% in the last trading session and was +39.29% over the last one year. Another of its peers Zillow Group Cl C (Z) has dropped -3.4% previous session, and was +196.04% up over the past year, while CBRE Group Inc (CBRE) was also down -0.85% in the last session, while its price remained in the red at 0% over the same period. KE Holdings Inc. has a P/E ratio of 348.72 compared to Brookfield Asset Management Inc’s 0 and Zillow Group Cl C’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.27% and 0.7%, respectively, at close of the trading.
Coming back to KE Holdings Inc. (NYSE:BEKE), we note that the average 3-month trading volume was 4.89 Million, while that of the preceding 10-day period stands at 2.91 Million. Current shares outstanding are 1.18 Billion.
According to data from Thomson Reuters, insiders hold 0.9% of the company’s shares while institutions hold 18.31%. The data shows that short shares as of April 14, 2021, stood at 13.39 Million at a short ratio of 3.2. This represents a 1.13% short interest in shares outstanding on April 14, 2021. Shares short rose in April from the previous month at 13.15 Million. Investors should be worried about this stock as its upside potential is weak, with current price pushing the stock -16.14% down in year-to-date price movement.