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NYSE:EDU

New Oriental Education & Technology Group (EDU) Stock Price, News & Analysis

New Oriental Education & Technology Group logo
$61.27 +1.23 (+2.05%)
(As of 12/20/2024 05:40 PM ET)

About New Oriental Education & Technology Group Stock (NYSE:EDU)

Key Stats

Today's Range
$59.97
$61.87
50-Day Range
$55.06
$74.14
52-Week Range
$54.00
$98.20
Volume
2.01 million shs
Average Volume
1.85 million shs
Market Capitalization
$10.40 billion
P/E Ratio
26.18
Dividend Yield
N/A
Price Target
$99.67
Consensus Rating
Buy

Company Overview

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. The company also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, it offers online education services through the Koolearn.com platform that provides comprehensive online education courses, including college educational services, such as college test preparation, overseas test preparation, and English language learning for college students and working professionals preparing for standardized tests or seeking to enhance their English language proficiency; and educational content packages to schools and institutional customers, including universities, public libraries, telecom operators, and online video streaming providers. Further, the company develops and edits educational materials for language training and test preparation. In addition, it offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

New Oriental Education & Technology Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

EDU MarketRank™: 

New Oriental Education & Technology Group scored higher than 79% of companies evaluated by MarketBeat, and ranked 84th out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for New Oriental Education & Technology Group are expected to grow by 39.46% in the coming year, from $2.94 to $4.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of New Oriental Education & Technology Group is 26.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of New Oriental Education & Technology Group is 26.18, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.27.

  • Price to Book Value per Share Ratio

    New Oriental Education & Technology Group has a P/B Ratio of 2.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.62% of the float of New Oriental Education & Technology Group has been sold short.
  • Short Interest Ratio / Days to Cover

    New Oriental Education & Technology Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in New Oriental Education & Technology Group has recently decreased by 7.18%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    New Oriental Education & Technology Group does not currently pay a dividend.

  • Dividend Growth

    New Oriental Education & Technology Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.62% of the float of New Oriental Education & Technology Group has been sold short.
  • Short Interest Ratio / Days to Cover

    New Oriental Education & Technology Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in New Oriental Education & Technology Group has recently decreased by 7.18%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    New Oriental Education & Technology Group has a news sentiment score of 1.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for New Oriental Education & Technology Group this week, compared to 5 articles on an average week.
  • Search Interest

    3 people have searched for EDU on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added New Oriental Education & Technology Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, New Oriental Education & Technology Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    15.50% of the stock of New Oriental Education & Technology Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about New Oriental Education & Technology Group's insider trading history.
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EDU Stock News Headlines

New Oriental Revamps Board with New Tech Leadership
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
New Oriental Education: Not As Defensive As It Seems
See More Headlines

EDU Stock Analysis - Frequently Asked Questions

New Oriental Education & Technology Group's stock was trading at $73.28 at the start of the year. Since then, EDU stock has decreased by 16.4% and is now trading at $61.27.
View the best growth stocks for 2024 here
.

New Oriental Education & Technology Group Inc. (NYSE:EDU) announced its quarterly earnings data on Wednesday, October, 23rd. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.33 by $0.27. The firm's revenue was up 30.5% on a year-over-year basis.

New Oriental Education & Technology Group shares reverse split before market open on Friday, April 8th 2022. The 1-10 reverse split was announced on Friday, April 8th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, April 8th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Top institutional shareholders of New Oriental Education & Technology Group include Aspex Management HK Ltd (2.80%), FMR LLC (1.83%), Healthcare of Ontario Pension Plan Trust Fund (1.07%) and Alkeon Capital Management LLC (0.92%).

Shares of EDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that New Oriental Education & Technology Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and Jabil (JBL).

Company Calendar

Ex-Dividend for 9/23 Dividend
9/09/2024
Dividend Payable
9/23/2024
Last Earnings
10/23/2024
Today
12/22/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Employees
75,005
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$99.67
High Stock Price Target
$110.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+62.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$309.59 million
Pretax Margin
12.39%

Debt

Sales & Book Value

Annual Sales
$4.65 billion
Cash Flow
$2.27 per share
Book Value
$23.86 per share

Miscellaneous

Free Float
143,394,000
Market Cap
$10.40 billion
Optionable
Optionable
Beta
0.46

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This page (NYSE:EDU) was last updated on 12/22/2024 by MarketBeat.com Staff
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