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 Date11/8/2019 (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 data on Tuesday, August, 13th. The company reported $0.02 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.02. The firm earned $8.79 billion during the quarter, compared to analysts' expectations of $8.89 billion. BEST had a negative net margin of 1.04% and a negative return on equity of 8.34%. The business's revenue for the quarter was up 30.5% compared to the same quarter last year. During the same quarter last year, the business earned ($0.15) earnings per share. 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 earnings guidance on Tuesday, August, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.475-5.58 billion, compared to the consensus revenue estimate of $5.25 billion.
What price target have analysts set for BEST?
2 brokerages have issued 1-year target prices for BEST's shares. Their predictions range from $6.00 to $7.00. On average, they anticipate BEST's share price to reach $6.50 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for BEST.
What is the consensus analysts' recommendation for BEST?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BEST in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BEST.
Has BEST been receiving favorable news coverage?
News articles about BEST stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. BEST earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for BEST.
Are investors shorting BEST?
BEST saw a drop in short interest in the month of August. As of August 15th, there was short interest totalling 8,805,000 shares, a drop of 9.5% from the July 15th total of 9,726,200 shares. Based on an average trading volume of 830,900 shares, the days-to-cover ratio is presently 10.6 days. Currently, 3.9% of the company's stock are short sold. View BEST's Current Options Chain.
Who are some of BEST's key competitors?
Some companies that are related to BEST include Alaska Air Group (ALK), KEPPEL LTD/ADR (KPELY), AMERCO (UHAL), China Southern Airlines (ZNH), Deutsche Lufthansa (DLAKY), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), XPO Logistics (XPO), Genesee & Wyoming (GWR), Knight-Swift Transportation (KNX), LATAM Airlines Group (LTM), Grupo Aeroportr dl Pcfco SAB de CV (PAC), CATHAY PAC AIRW/S (CPCAY), JetBlue Airways (JBLU), PANALPINA WELTT/ADR (PLWTY) 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)
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 $5.68.
How big of a company is BEST?
BEST has a market capitalization of $2.10 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.
