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. It offers integrated services and solutions across the supply chain, including warehouse management, order fulfillment, express delivery, freight, and other services for multinational and corporate customers, as well as small and medium enterprises. The company also provides express delivery services; and door-to-door integrated cross-border supply chain services to and from China, including international express, less-than-truckload, fulfillment, reverse logistics, and freight forwarding through its network, and transportation and warehouse partners. In addition, it operates real-time bidding platform to source truckload capacity from independent transportation service providers and agents; and offers online merchandise sourcing and store management services for convenience stores, as well as B2C services, such as parcel pick-up and drop-off, and bill payment services. Further, BEST Inc. provides various value-added services, including customized financial services, including fleet and equipment finance leases; and centralized sourcing of products and services, such as bulk procurement of trucks and accessories. The company was founded in 2007 and is headquartered in Hangzhou, the People's Republic of China.
Industry, Sector and Symbol
Industry Trucking & courier services, except air
Sub-IndustryN/A
SectorTransportation
CIKN/A
Phone86-571-8899-5656
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.07 billion
Profitability
Miscellaneous
Employees10,061
Next Earnings Date3/3/2020 (Estimated)
OptionableOptionable
BEST (NYSE:BEST) Frequently Asked Questions
What is BEST's stock symbol?
BEST trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEST."
How were BEST's earnings last quarter?
BEST Inc. (NYSE:BEST) announced its quarterly earnings results on Wednesday, November, 13th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The firm earned $8.75 billion during the quarter, compared to analysts' expectations of $9.14 billion. BEST had a negative net margin of 0.86% and a negative return on equity of 4.83%. The firm's revenue for the quarter was up 21.6% on a year-over-year basis. View BEST's Earnings History.
When is BEST's next earnings date?
What guidance has BEST issued on next quarter's earnings?
BEST updated its FY 2019
Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$4.886-4.914 billion, compared to the consensus revenue estimate of $$5.17 billion.
What price target have analysts set for BEST?
3 brokers have issued 12-month target prices for BEST's stock. Their forecasts range from $6.00 to $7.40. On average, they expect BEST's share price to reach $6.80 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for BEST.
What is the consensus analysts' recommendation for BEST?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BEST in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BEST.
Has BEST been receiving favorable news coverage?
Media coverage about BEST stock has trended somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BEST earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the next few days. View News Stories for BEST.
Are investors shorting BEST?
BEST saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 13,230,000 shares, a decrease of 5.7% from the January 15th total of 14,030,000 shares. Based on an average daily trading volume, of 1,940,000 shares, the days-to-cover ratio is presently 6.8 days. Currently, 5.4% of the shares of the stock are sold short. View BEST's Current Options Chain.
Who are some of BEST's key competitors?
Some companies that are related to BEST include China Eastern Airlines Corp. Ltd. ADR Class H (CEA), Deutsche Lufthansa (DLAKY), easyJet (EJTTF), Grupo Aeroportr dl Pcfco SAB de CV (PAC), China Southern Airlines (ZNH), AMERCO (UHAL), Knight-Swift Transportation (KNX), INTL CONS AIRL/S (ICAGY), Genesee & Wyoming (GWR), PANALPINA WELTT/ADR (PLWTY), JetBlue Airways (JBLU), Grupo Aeroportuario dl Srst SAB CV (ASR), LATAM Airlines Group (LTM), CATHAY PAC AIRW/S (CPCAY) and Air Lease (AL).
What other stocks do shareholders of BEST own?
Who are BEST's key executives?
BEST's management team includes the folowing people:
- Mr. Shao-Ning Chou, Chairman & CEO (Age 56)
- Mr. George Chow, Chief Investment & Strategy Officer and Director (Age 51)
- Ms. Jenny Pan, Principal Accounting Officer, Financial Controller & Director of Fin.
- Ms. Jimei Liu, Sr. VP of HR & Admin. (Age 47)
- Ms. Mangli Zhang, Sr. VP & GM of Supply Chain Management Service Line (Age 62)
Who are BEST's major shareholders?
BEST's stock is owned by a number of of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (4.16%), State Street Corp (0.84%), Citigroup Inc. (0.82%), Credit Suisse AG (0.59%), Bank of America Corp DE (0.56%) and UBS Group AG (0.29%).
Which major investors are selling BEST stock?
BEST stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Bank of Montreal Can, SG Americas Securities LLC, Citigroup Inc., Cubist Systematic Strategies LLC, Stifel Financial Corp, Baltimore Washington Financial Advisors Inc. and Ladenburg Thalmann Financial Services Inc..
Which major investors are buying BEST stock?
BEST stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., State Street Corp, Credit Suisse AG, Sumitomo Mitsui Trust Holdings Inc., UBS Asset Management Americas Inc., Bank of America Corp DE, Bank of New York Mellon Corp and Pictet Asset Management Ltd..
How do I buy shares of BEST?
Shares of BEST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is BEST's stock price today?
One share of BEST stock can currently be purchased for approximately $5.44.
How big of a company is BEST?
BEST has a market capitalization of $2.01 billion and generates $4.07 billion in revenue each year. The company earns $-73,880,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. BEST employs 10,061 workers across the globe.View Additional Information About BEST.
What is BEST's official website?
How can I contact BEST?
BEST's mailing address is 2/F BLOCK A HUAXING MODERN INDUSTRY PARK NO.18 TANGMIAO ROAD XIHU DISTRICT, HANGZHOU F4, 310013. The company can be reached via phone at 86-571-8899-5656 or via email at [email protected]
MarketBeat Community Rating for BEST (NYSE BEST)
MarketBeat's community ratings are surveys of what our community members think about BEST and other stocks. Vote "Outperform" if you believe BEST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BEST will underperform the S&P 500 over the long term. You may vote once every thirty days.
