NASDAQ:REDURISE Education Cayman Stock Price, Forecast & News

RISE Education Cayman's stock was trading at $4.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, REDU shares have decreased by 17.5% and is now trading at $3.81. 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) issued its quarterly earnings results on Thursday, May, 14th. The company reported ($0.25) EPS for the quarter, beating analysts' consensus estimates of ($0.50) by $0.25. The firm had revenue of $15.39 million for the quarter. RISE Education Cayman had a net margin of 0.69% and a return on equity of 7.59%. 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 Wall Street analysts have issued twelve-month price objectives for RISE Education Cayman's stock. Their forecasts range from $6.50 to $6.50. On average, they anticipate RISE Education Cayman's stock price to reach $6.50 in the next year. This suggests a possible upside of 70.6% from the stock's current price. View analysts' price targets for RISE Education Cayman.

News headlines about REDU stock have trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. RISE Education Cayman earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about RISE Education Cayman.

RISE Education Cayman saw a increase in short interest in June. As of June 15th, there was short interest totaling 150,500 shares, an increase of 829.0% from the May 31st total of 16,200 shares. Based on an average daily volume of 46,400 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.3% of the company's 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), GP Strategies (GPX), Sunlands Online Education Group (STG), LAIX (LAIX), Lincoln Educational Services (LINC), Tarena International (TEDU), RYB Education (RYB), Four Seasons Edu (Cayman) (FEDU) and BioHiTech Global (BHTG). 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 IPO 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 $3.81.

RISE Education Cayman has a market capitalization of $214.80 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]