BEST Inc. (NYSE:BEST) has been given a consensus broker rating score of 2.20 (Buy) from the five brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell rating, one has given a hold rating and three have assigned a strong buy rating to the company. BEST’s rating score has declined by 31.7% in the last 90 days as a result of a number of analysts’ ratings changes.

Brokerages have set a twelve-month consensus price objective of $6.73 for the company and are anticipating that the company will post ($0.01) earnings per share for the current quarter, according to Zacks. Zacks has also assigned BEST an industry rank of 185 out of 255 based on the ratings given to related companies.

A number of equities research analysts have weighed in on the company. Sanford C. Bernstein lowered BEST from a “market perform” rating to an “underperform” rating in a research report on Tuesday, August 20th. ValuEngine raised BEST from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, Zacks Investment Research lowered BEST from a “hold” rating to a “sell” rating in a research report on Friday, August 16th.

Large investors have recently made changes to their positions in the company. DNB Asset Management AS purchased a new position in shares of BEST in the 3rd quarter valued at $2,934,000. Baltimore Washington Financial Advisors Inc. purchased a new position in shares of BEST in the 3rd quarter valued at $1,130,000. Calamos Advisors LLC purchased a new position in shares of BEST in the 3rd quarter valued at $1,196,000. Nwam LLC purchased a new position in shares of BEST in the 3rd quarter valued at $211,000. Finally, Segantii Capital Management Ltd purchased a new position in shares of BEST in the 3rd quarter valued at $316,000. Institutional investors and hedge funds own 19.08% of the company’s stock.

Shares of NYSE BEST opened at $5.77 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.85 and a debt-to-equity ratio of 0.02. The business has a fifty day simple moving average of $5.30 and a two-hundred day simple moving average of $5.08. The firm has a market cap of $2.11 billion, a PE ratio of -27.48 and a beta of 1.32. BEST has a twelve month low of $3.77 and a twelve month high of $6.86.

BEST (NYSE:BEST) last issued its earnings results on Tuesday, August 13th. The company reported $0.02 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.02. The business had revenue of $8.79 billion during the quarter, compared to analyst estimates of $8.89 billion. BEST had a negative return on equity of 8.34% and a negative net margin of 1.04%. BEST’s revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.15) EPS. On average, research analysts expect that BEST will post -0.06 earnings per share for the current year.

BEST Company Profile

BEST Inc operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management.

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