Is it time to Buy before this week’s earning report BEST (NYSE:BEST)

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Earnings results for BEST (NYSE:BEST)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0 and increased over the past month from -0.03 to 0(100.00%). Of the 1 analysts making quarterly forecasts, 1raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.14 and increased over the past month from -0.16 to -0.14(12.50%). Of the 1 analysts making yearly forecasts, 1raised and none lowered their forecast.

BEST last issued its quarterly earnings results on May 27th, 2020. The reported ($1.81) earnings per share for the quarter, missing the consensus estimate of ($0.22) by $1.59. The business earned $5.47 billion during the quarter, compared to the consensus estimate of $6.05 billion. Its quarterly revenue was down 20.5% on a year-over-year basis. BEST has generated ($0.07) earnings per share over the last year. BEST has confirmed that its next quarterly earnings report will be published on Monday, August 17th, 2020.

Analyst Opinion on BEST (NYSE:BEST)

4 Wall Street analysts have issued ratings and price targets for BEST in the last 12 months. Their average twelve-month price target is $6.70, suggesting that the stock has a possible upside of 55.09%. The high price target for BEST is $7.40 and the low price target for BEST is $6.00. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”

BEST has received a consensus rating of Hold. The company’s average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating. According to analysts’ consensus price target of $6.70, BEST has a potential upside of 55.1% from its current price of $4.32. BEST has received no research coverage in the past 90 days.

Dividend Strength: BEST (NYSE:BEST)

BEST does not currently pay a dividend. BEST does not have a long track record of dividend growth.

Insiders buying/selling: BEST (NYSE:BEST)

In the past three months, BEST insiders have not sold or bought any company stock. Only 23.81% of the stock of BEST is held by institutions.

Earnings and Valuation of BEST (NYSE:BEST

Earnings for BEST are expected to grow in the coming year, from ($0.14) to $0.10 per share. The P/E ratio of BEST is -16.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of BEST is -16.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. BEST has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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