EDU is trading at quite high price to earnings (PE) ratio of 43x and this is also telling us New Oriental Education & Technology is overvalued when compared to the U.S. market average of 23.6x and overvalued based on current earnings compared to the Consumer Services industry average of 31.9x. New Oriental Education & Technology Group earned a news sentiment score of 0.30 on Accern's scale. New Oriental Education & Technology Group, Inc. has a 52-week low of 37.16 and a 52-week high of 83.21. Macquarie Research maintained the stock with "Outperform" rating in Thursday, January 21 report.
Whale Rock Capital Management Llc holds 4.91% of its portfolio in Gigamon Inc for 1.33 million shares. The firm has a market capitalization of $11.19 billion, a price-to-earnings ratio of 42.80 and a beta of 1.36. Bank of America Corp DE now owns 592,715 shares of the company's stock worth $35,788,000 after buying an additional 153,535 shares during the last quarter. The company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.01. The correct version of this report can be viewed at https://sportsperspectives.com/2017/07/06/31914-shares-in-new-oriental-education-technology-group-inc-edu-acquired-by-symmetry-peak-management-llc-updated-updated.html. Jefferies Group LLC reiterated a "buy" rating and set a $74.80 price target on shares of New Oriental Education & Technology Group in a research report on Tuesday, April 25th. Finally, Benchmark Co. began coverage on New Oriental Education & Technology Group in a research note on Tuesday, April 18th. Ltd. now owns 24,093 shares of the company's stock valued at $1,455,000 after buying an additional 4,098 shares during the last quarter.
The share price of New Oriental Education & Technology Group, Inc. Guinness Atkinson Asset Management Inc raised its position in New Oriental Education & Technology Group by 9.0% in the first quarter.
New Oriental Education & Technology Group (NYSE:EDU) last issued its quarterly earnings data on Monday, April 24th. Guinness Asset Management Ltd now owns 56,080 shares of the company's stock valued at $3,386,000 after buying an additional 6,680 shares during the period. The Firm provides educational services under its New Oriental brand. The share price has moved backward from its 20 days moving average, trading at a distance of -3.17% and stays 0.81% away from its 50 days moving average. New Oriental Education & Technology Group, Inc. Tower Research Capital LLC TRC increased its position in New Oriental Education & Technology Group by 64.0% in the first quarter. Hedge funds and other institutional investors own 83.49% of the company's stock. The company had revenue of $437.90 million for the quarter, compared to the consensus estimate of $418.67 million. Wall Street is only getting more bullish on the stock, with 17 of analysts who cover EDU having a buy-equivalent rating. Analysts predict that New Oriental Education & Technology Group, Inc. will post $1.85 earnings per share for the current fiscal year. The company's quarterly revenue was up 26.2% compared to the same quarter a year ago.
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Several brokerages have commented on EDU. They expect $0.01 EPS, 0.00% or $0.00 from last year's $0.01 per share. Finally, J P Morgan Chase & Co reissued a "neutral" rating and set a $62.00 target price on shares of New Oriental Education & Technology Group in a research note on Wednesday, May 17th.
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New Oriental Education & Technology Group, Inc. was downgraded to "neutral" by analysts at JP Morgan. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & global copyright & trademark legislation.
News headlines about New Oriental Education & Technology Group (NYSE:EDU) have been trending positive recently, according to Accern Sentiment Analysis. ADR" published on December 21, 2009 as well as Seekingalpha.com's news article titled: "New Oriental Education: "Growth And Profitability" with publication date: "October 31, 2016. The Firm operates through seven divisions, which include language training and test preparation, primary and secondary school education, online education, content development and distribution, pre-school education, overseas study consulting services and study tour.