KE (NYSE:BEKE – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.22), Zacks reports. KE had a net margin of 5.03% and a return on equity of 6.55%.
KE Stock Up 2.6 %
Shares of BEKE stock opened at $25.03 on Tuesday. The stock’s 50-day moving average price is $19.56 and its 200 day moving average price is $19.33. The stock has a market capitalization of $30.25 billion, a PE ratio of 51.09, a price-to-earnings-growth ratio of 3.45 and a beta of -0.82. KE has a 52-week low of $12.49 and a 52-week high of $26.05.
Analyst Upgrades and Downgrades
Separately, Barclays upped their price target on shares of KE from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Monday, November 25th.
About KE
KE Holdings Inc, through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services.
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