Something Big Is Happening With BEST Inc. (BSTI)

Investors will get their next glimpse of BSTI’s Q4 earnings on February 28. Analysts are forecasting revenue to climb 30.5 percent to $1.23B in the next fiscal quarter, while earnings are seen soaring by nearly -100 percent to $0 per share. History has shown that shares in BEST Inc. have gone down on 2 different earnings reaction days and are predicted to add 0.08 percent when the company reports upcoming earnings. In last reported earnings results, it earned -$0.04 per share, worse than the $0.01, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $1.04B, worse than the $1.05B analysts expected. Earnings are estimated to increase by 78.2 percent this year, 271.4 percent next year and continue to increase by 5.81 percent annually for the next 5 years.

BEST Inc. (BSTI) will probably climb 61.64 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $11 price as 12-month high target. This represents a whopping 76.57 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $8, which represents a return potential of 28.41 percent when compared to the closing price of the stock of $6.23 on Wednesday, February 13. The lowest price target for the stock is $5.7 — slightly more than -8.51 percent from BSTI’s current share price.

The stock is currently hovering around the first support level of $5.68. Below this, the next support is placed in the zone of $5.14. Till the time, the BSTI stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 74.02 on daily chart, which may remain a cause for concern. If the price breaks below $5.14 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $6.54 mark may result into a pull-back move towards $6.86 level.

On 13th of February, BEST Inc. (NYSE:BSTI) shares ended higher after a volatile session. The shares accumulated 0.79 points or 14.52 percent at $6.23 with a light trade volume of 2.643 million shares. After opening the session at $5.66, the shares went as high as $6.31 and as low as $5.45, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $2.46 billion and now has 395.04 million shares outstanding. BEST Inc. (BSTI) stock has gained 37.22 percent of market value in 21 trading days.

BSTI stock has a trailing 3-year beta of 0, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.25 a share in the trailing twelve months. The stock’s value has surged 51.58 percent year to date (YTD) against a decline of -26.18 percent in 12 month’s time. The company’s shares still trade -53.99 percent away from its 1-year high of $13.54 and 65.25 percent up from 52-week low of $3.77. The average consensus rating on the company is 1.8, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of BEST Inc. (BSTI) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry BSTI operates in has an average P/E of 44.17. Its P/E ratio went as low as 0X and as high as 0 over the 5-year span. Further, it is sporting a 0.65 on the Price-to-Sales ratio. Compare this with the industry average P/S of 0.54. 4.7 percent is the gross profit margin for BEST Inc. and operating margin sits at -3 percent. Along with this, the net profit margin is -2.4 percent.

Let’s take a look at some insider activity at BEST Inc. (NYSE:BSTI) and see the pattern.