What is the stock price trajectory of BEST Inc. (BEST)?

At the time of writing, BEST Inc. [BEST] stock is trading at $1.33, up up 1.53%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BEST shares have gain 8.13% over the last week, with a monthly amount glided 14.66%, and seem to be holding up well over a long-time horizon.

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On 27, July 2022, BEST Inc. to Announce Second Quarter 2022 Financial Results on August 17, 2021. In a post published today on Yahoo Finance, BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that it will release its unaudited financial results for the second quarter ended June 30 2022, after the U.S. market closes on Wednesday, August 17, 2022.

From an analyst’s perspective:

BEST Inc. [NYSE: BEST] stock has seen the most recent analyst activity on December 03, 2020, when Goldman downgraded its rating to a Neutral and also revised its price target to $3.50 from $4.80. Previously, Macquarie downgraded its rating to Neutral on May 15, 2020. Jefferies started tracking the stock assigning a Buy rating. Bernstein downgraded its rating to a Underperform. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on August 16, 2019. In a note dated April 23, 2019, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $11 to $6.

For the past year, the stock price of BEST Inc. fluctuated between $0.99 and $12.35. Currently, Wall Street analysts expect the stock to reach $22.11 within the next 12 months. BEST Inc. [NYSE: BEST] shares were valued at $1.33 at the most recent close of the market. An investor can expect a potential return of 1562.41% based on the average price forecast.

Analyzing the BEST fundamentals

According to BEST Inc. [NYSE:BEST], the company’s sales were 284.0 million in the recent quarter, which represents an -35.20% plunge. Gross Margin for this corporation currently stands at -1.75% with Operating Margin at -13.31%, Pretax Margin comes in at -11.03%, and Net Margin reading is -10.60%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2900 points at the first support level, and at 1.2500 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3600, and for the 2nd resistance point, it is at 1.3900.

BEST Inc. [BEST] reported earnings per share of -$1.28 for its fiscal quarter that ended on 9/29/2021. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.76/share, meaning a difference of $-0.52 and a surprise factor of -68.40%. By comparison, the stated earnings for the previous quarter ended on 6/29/2021 were -$0.82 per share as compared to estimates of -$0.54 per share, a difference of $-0.28 representing a surprise of -51.90%.

Ratios To Look Out For

It is important to note that BEST Inc. [NYSE:BEST] has a current ratio of 1.10. Also, the Quick Ratio is 1.17, while the Cash Ratio stands at 0.75. Considering the valuation of this stock, the price to sales ratio is 0.25, the price to book ratio is 5.21.