KE Holdings Inc ADR (NYSE: BEKE) Analysts Prediction On How Much It Could Rise

The trading price of KE Holdings Inc ADR (NYSE:BEKE) floating higher at last check on current market day and closing at $18.56, 1.20% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 35.10. In examining the 52-week price action we see that the stock hit a 52-week high of $26.05 and a 52-week low of $12.92. Over the past month, the stock has lost -12.12% in value.

KE Holdings Inc ADR, whose market valuation is $21.27 billion at the time of this writing, is expected to release its quarterly earnings report in June. The dividend yield on the company stock is 1.94%, while its Forward Dividend ratio is 0.36. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest BEKE has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Sell.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned BEKE a recommendation rating is 3. Out of them, 0 rate it a Hold, while 3 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged KE Holdings Inc ADR (BEKE) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.03, which symbolizes a positive outlook. A quick review shows that BEKE’s price is currently -4.66% off the SMA20 and -6.83% off the SMA50. The RSI metric on the 14-day chart is currently showing 40.18, and weekly volatility stands at 0.80%. When measured over the past 30 days, the indicator reaches 1.99%. KE Holdings Inc ADR (NYSE:BEKE)’s beta value is currently sitting at -0.76, while the Average True Range indicator is currently displaying 0.66. With analysts defining $24.5-$24.5 as the low and high price targets, we arrive at a consensus price target of $24.5 for the trailing 12-month period. The current price is about -32.0% off the estimated low and -32.0% off the forecast high, based on this estimate. Investors will be thrilled if BEKE’s share price rises to $24.5, which is the median consensus price. At that level, BEKE’s share price would be -32.0% below current price.

To see how KE Holdings Inc ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: BEKE stock’s performance was 1.20% at last check in today’s session, and 9.24% in the past year. KE Holdings Inc ADR has a P/E ratio of 35.10.

An evaluation of the daily trading volume of KE Holdings Inc ADR (NYSE:BEKE) indicates that the 3-month average is 9.70 million.

Currently, records show that 1.15 billion of the company’s shares remain outstanding. The insiders hold 1.28% of outstanding shares, whereas institutions hold 40.01%. However, since the stock’s price has seen 0.76% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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