With 8.17 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.32 million shares. 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 $25.49. Beta for the stock currently stands at -0.79.
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 -0.59%, but this was up by 22.92% over a month. Three-month performance dropped to -1.21% while six-month performance rose 37.98%. The stock gained 44.03% in the past year, while it has gained 10.64% 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 0.25. This implies an EPS growth rate of -12.90% for this year and 16.95% 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.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.23085 being high and $6.87288 being low. For BEKE, this leads to a yearly average estimate of $7.08766. Based on analyst estimates, the high estimate for the next quarter is $1.36 and the low estimate is $0.99. The average estimate for the next quarter is thus $1.18.
