New Oriental Education & Technology Group (NYSE:EDU) Given "Hold (C)" Rating at Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "Hold (C)" rating for New Oriental Education & Technology Group (NYSE:EDU), maintaining a cautious outlook on the stock.
• Analysts have mixed opinions, with Bank of America raising their target price to $58.20 while Goldman Sachs has downgraded it to $50.00, reflecting diverse sentiment among research firms.
• The company's latest earnings report showed a 9.4% increase in revenue year-over-year and an earnings per share (EPS) of $0.61, surpassing analysts' expectations of $0.24.

New Oriental Education & Technology Group (NYSE:EDU - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also recently commented on the stock. Bank of America raised their target price on shares of New Oriental Education & Technology Group from $56.20 to $58.20 and gave the stock a "buy" rating in a research note on Monday, September 29th. JPMorgan Chase & Co. upgraded shares of New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $48.00 to $62.00 in a research note on Tuesday, June 24th. The Goldman Sachs Group cut shares of New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $58.00 to $50.00 in a research note on Wednesday, August 6th. Hsbc Global Res raised shares of New Oriental Education & Technology Group to a "hold" rating in a report on Wednesday, July 30th. Finally, Citigroup cut their price objective on shares of New Oriental Education & Technology Group from $77.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday, September 9th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $56.87.

New Oriental Education & Technology Group Stock Up 3.0%

Shares of NYSE:EDU opened at $53.40 on Wednesday. The firm's 50 day moving average price is $49.63 and its 200-day moving average price is $48.45. New Oriental Education & Technology Group has a twelve month low of $40.66 and a twelve month high of $76.33. The stock has a market capitalization of $9.15 billion, a PE ratio of 23.73, a price-to-earnings-growth ratio of 1.67 and a beta of 0.27.

New Oriental Education & Technology Group (NYSE:EDU - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.37. New Oriental Education & Technology Group had a net margin of 7.59% and a return on equity of 11.32%. The company had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter last year, the business earned $0.22 EPS. The firm's revenue was up 9.4% compared to the same quarter last year. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts expect that New Oriental Education & Technology Group will post 2.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. KBC Group NV grew its holdings in shares of New Oriental Education & Technology Group by 11.3% in the second quarter. KBC Group NV now owns 4,474 shares of the company's stock valued at $241,000 after purchasing an additional 454 shares in the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of New Oriental Education & Technology Group by 6.6% in the second quarter. TD Waterhouse Canada Inc. now owns 8,890 shares of the company's stock valued at $476,000 after purchasing an additional 554 shares in the last quarter. Bessemer Group Inc. purchased a new position in shares of New Oriental Education & Technology Group in the second quarter valued at $37,000. Hantz Financial Services Inc. grew its holdings in shares of New Oriental Education & Technology Group by 738.0% in the second quarter. Hantz Financial Services Inc. now owns 905 shares of the company's stock valued at $49,000 after purchasing an additional 797 shares in the last quarter. Finally, Vident Advisory LLC grew its holdings in shares of New Oriental Education & Technology Group by 17.3% in the second quarter. Vident Advisory LLC now owns 5,426 shares of the company's stock valued at $293,000 after purchasing an additional 800 shares in the last quarter.

New Oriental Education & Technology Group Company Profile

New Oriental Education & Technology Group, Inc is a holding company, which engages in the provision of private educational services. It operates through the following segments: Educational Services and Test Preparation Courses, Private Label Products and Livestreaming E-Commerce, Overseas Study Consulting Services, and Educational Materials and Distribution.

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