NASDAQ:REDURISE Education Cayman Stock Price, Forecast & News

RISE Education Cayman's stock was trading at $4.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, REDU shares have decreased by 18.8% and is now trading at $3.75. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RISE Education Cayman in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for RISE Education Cayman.

RISE Education Cayman is scheduled to release its next quarterly earnings announcement on Thursday, August 20th 2020. View our earnings forecast for RISE Education Cayman.

RISE Education Cayman Ltd (NASDAQ:REDU) announced its quarterly earnings data on Thursday, May, 14th. The company reported ($0.25) EPS for the quarter, beating analysts' consensus estimates of ($0.50) by $0.25. The company had revenue of $15.39 million for the quarter. RISE Education Cayman had a return on equity of 7.59% and a net margin of 0.69%. View RISE Education Cayman's earnings history.

RISE Education Cayman updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $19.066-20.478 million.

2 analysts have issued 1 year price targets for RISE Education Cayman's shares. Their forecasts range from $6.50 to $6.50. On average, they expect RISE Education Cayman's stock price to reach $6.50 in the next year. This suggests a possible upside of 73.3% from the stock's current price. View analysts' price targets for RISE Education Cayman.

Media coverage about REDU stock has trended negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing 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 nearest to five being the most favorable. RISE Education Cayman earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage 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 few days. View the latest news about RISE Education Cayman.

RISE Education Cayman saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 56,900 shares, a drop of 62.2% from the June 15th total of 150,500 shares. Based on an average daily trading volume, of 74,500 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are short sold. View RISE Education Cayman's Current Options Chain.

Some companies that are related to RISE Education Cayman include OneSmart International Edun Gr (ONE), China Online Education Group (COE), Puxin (NEW), American Public Education (APEI), China Distance Education (DL), Universal Technical Institute (UTI), Aspen Group (ASPU), Sunlands Online Education Group (STG), GP Strategies (GPX), LAIX (LAIX), Lincoln Educational Services (LINC), RYB Education (RYB), Tarena International (TEDU), Four Seasons Edu (Cayman) (FEDU) and Zhongchao (ZCMD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other RISE Education Cayman investors own include Ring Energy (REI), Ring Energy (REI), Altria Group (MO), AbbVie (ABBV), Canopy Growth (CGC), Energy Transfer LP Unit (ET), Primo Water (PRMW), Allergan (AGN), Akari Therapeutics (AKTX) and Allena Pharmaceuticals (ALNA).

(REDU) raised $143 million in an initial public offering on Friday, October 20th 2017. The company issued 11,000,000 shares at a price of $12.00-$14.00 per share. Morgan Stanley and Credit Suisse served as the underwriters for the IPO.

RISE Education Cayman trades on the NASDAQ under the ticker symbol "REDU."

Shares of REDU 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.

One share of REDU stock can currently be purchased for approximately $3.75.

RISE Education Cayman has a market capitalization of $211.43 million and generates $219.69 million in revenue each year. The company earns $21.27 million in net income (profit) each year or $0.53 on an earnings per share basis. RISE Education Cayman employs 4,014 workers across the globe.

The official website for RISE Education Cayman is www.risecenter.com.

RISE Education Cayman's mailing address is ROOM 101 JIA HE GUO XIN MANSION 15 BAIQIAO ST GUANGQUMENNEI DONGCHENG, BEIJING F4, 100062. The company can be reached via phone at 86-10-8559-9000 or via email at [email protected]