NASDAQ:REDU - RISE Education Cayman Stock Price, Forecast & News

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

RISE Education Cayman Ltd (NASDAQ:REDU) released its quarterly earnings data on Thursday, November, 14th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.03. The business earned $57.52 million during the quarter. RISE Education Cayman had a net margin of 8.76% and a return on equity of 30.47%. View RISE Education Cayman's Earnings History.

RISE Education Cayman is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for RISE Education Cayman.

RISE Education Cayman issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$57.501-58.48 million, compared to the consensus revenue estimate of $$57.16 million.

2 brokers have issued twelve-month 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 share price to reach $6.50 in the next year. This suggests that the stock has a possible downside of 8.8%. View Analyst Price Targets for RISE Education Cayman.

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

Media stories about REDU stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. RISE Education Cayman earned a news impact score of -5.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for RISE Education Cayman.

RISE Education Cayman saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 87,600 shares, an increase of 8.6% from the December 15th total of 80,700 shares. Based on an average daily trading volume, of 41,600 shares, the short-interest ratio is presently 2.1 days. Approximately 0.2% 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 Career Education (CECO), Perdoceo Education (PRDO), Arco Platform (ARCE), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), Puxin (NEW), K12 (LRN), American Public Education (APEI), China Distance Education (DL), LAIX (LAIX), China Online Education Group (COE), Sunlands Online Education Group (STG), GP Strategies (GPX), Universal Technical Institute (UTI) and RYB Education (RYB).

Based on aggregate information from My MarketBeat watchlists, some companies that other RISE Education Cayman investors own include Canopy Growth (CGC), Altria Group (MO), Pattern Energy Group (PEGI), Renewable Energy Group (REGI), SVMK (SVMK), AbbVie (ABBV), Chewy (CHWY), Cryolife (CRY), Energy Transfer LP Unit (ET) and Meredith (MDP).

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

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 $7.13.

RISE Education Cayman has a market capitalization of $405.63 million and generates $184.99 million in revenue each year. The company earns $20.79 million in net income (profit) each year or $0.40 on an earnings per share basis. RISE Education Cayman employs 3,512 workers across the globe.View Additional Information About RISE Education Cayman.

The official website for RISE Education Cayman is http://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.