With 1.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 13.41 million shares. During the session, the Real Estate Services company that operates in wider Real Estate sector, reached to the highest price of $18.84 whereas the lowest price it dropped to was $18.465. The 52-week range on BEKE shows that it touched its highest point at $26.05 and its lowest point at $12.44 during that stretch. It currently has a 1-year price target of $25.97. Beta for the stock currently stands at -0.77.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BEKE was down-trending over the past week, with a drop of -2.79%, but this was down by -4.74% over a month. Three-month performance surged to 13.03% while six-month performance rose 21.82%. The stock gained 18.54% in the past year, while it has gained 14.00% so far this year. A look at the trailing 12-month EPS for BEKE yields 0.49 with Next year EPS estimates of 1.14. For the next quarter, that number is 0.24. This implies an EPS growth rate of -12.52% for this year and 16.83% for next year.
Float and Shares Shorts:
At present, 1.12 billion BEKE shares are outstanding with a float of 1.10 billion shares on hand for trading. On 2024-10-31, short shares totaled 33.09 million, which was 274.0 higher than short shares on 1727654400. In addition to Mr. Yongdong Peng as the firm’s Co-Founder, Chairman & CEO, Mr. Wangang Xu serves as its Executive Vice Chairman.
Institutional Ownership:
Through their ownership of 0.44469002 of BEKE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, BEKE reported revenue of $22584647000.0 and operating income of $726964000.0. The EBITDA in the recently reported quarter was $573026000.0 and diluted EPS was $0.99.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BEKE since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BEKE analysts setting a high price target of 238.871 and a low target of 128.845, the average target price over the next 12 months is 182.4833. Based on these targets, BEKE could surge 1192.59% to reach the target high and rise by 597.21% to reach the target low. Reaching the average price target will result in a growth of 887.46% from current levels.
Analysts have provided yearly estimates in a range of $7.05159 being high and $6.7025 being low. For BEKE, this leads to a yearly average estimate of $6.91195. Based on analyst estimates, the high estimate for the next quarter is $1.49 and the low estimate is $0.99. The average estimate for the next quarter is thus $1.24.
