KE Holdings Inc ADR [BEKE] stock prices are up 0.76% to $14.54 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BEKE shares have gain 1.47% over the last week, with a monthly amount glided 11.16%, and seem to be holding up well over a long-time horizon.
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On 14, March 2024, KE Holdings Inc. Announces a Final Cash Dividend of US$0.4 Billion in Aggregate. In a post published today on Yahoo Finance, KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors (the “Board”) approved a final cash dividend (the “Dividend”) of US$0.117 per ordinary share, or US$0.351 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on April 5, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the Dividend to be paid will be approximately US$0.4 billion, which will be funded by cash surplus on the Company’s balance sheet.
From an analyst’s perspective:
KE Holdings Inc ADR [NYSE: BEKE] stock has seen the most recent analyst activity on May 09, 2023, when New Street initiated its Buy rating and assigned the stock a price target of $22. On January 30, 2023, JP Morgan initiated with a Overweight rating. JP Morgan upgraded its rating to a Overweight and increased its price target to $21 on January 12, 2023. HSBC Securities upgraded its rating to a Buy and raised its price target to $20.80 on June 23, 2022. Citigroup started tracking with a Buy rating for this stock on June 21, 2022, and assigned it a price target of $22.50. In a note dated May 16, 2022, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $7.50 to $13.50.
The stock price of KE Holdings Inc ADR [BEKE] has been fluctuating between $12.44 and $19.74 over the past year. Currently, Wall Street analysts expect the stock to reach $23.43 within the next 12 months. KE Holdings Inc ADR [NYSE: BEKE] shares were valued at $14.54 at the most recent close of the market. An investor can expect a potential return of 61.14% based on the average BEKE price forecast.
Analyzing the BEKE fundamentals
The KE Holdings Inc ADR [NYSE:BEKE] reported sales of 10.99B for trailing twelve months, representing a surge of 18.77%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.23.
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 14.41 points at the first support level, and at 14.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.73, and for the 2nd resistance point, it is at 14.93.
KE Holdings Inc ADR [BEKE] reported earnings per share of $0.2 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.18/share, meaning a difference of $0.02 and a surprise factor of 11.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.25 per share as compared to estimates of $0.12 per share, a difference of $0.13 representing a surprise of 108.30%.
Ratios To Look Out For
It’s worth pointing out that KE Holdings Inc ADR [NYSE:BEKE]’s Current Ratio is 1.76. In addition, the Quick Ratio stands at 1.74 and the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 1.77 and price to earnings (TTM) ratio is 20.99.
