Bright Scholar Education (BEDU) Stock Forecast, Price & News

Bright Scholar Education's stock was trading at $2.4141 at the beginning of 2023. Since then, BEDU shares have decreased by 56.5% and is now trading at $1.05.
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Bright Scholar Education saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,100 shares, an increase of 90.9% from the August 15th total of 1,100 shares. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our BEDU earnings forecast.

Bright Scholar Education Holdings Limited (NYSE:BEDU) issued its quarterly earnings results on Monday, December, 20th. The company reported ($6.12) earnings per share for the quarter, missing analysts' consensus estimates of ($1.84) by $4.28. The business had revenue of $49.54 million for the quarter.

Shares of Bright Scholar Education reverse split before market open on Friday, August 19th 2022. The 1-4 reverse split was announced on Friday, August 19th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 19th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Bright Scholar Education issued an update on its FY 2023 earnings guidance on Thursday, August, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $271.33 million-$285.61 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bright Scholar Education investors own include NVIDIA (NVDA), JOYY (YY), Advanced Micro Devices (AMD), Alibaba Group (BABA), Carnival Co. & (CCL), Gilead Sciences (GILD), Mastercard (MA), AT&T (T), TAL Education Group (TAL) and Walt Disney (DIS).

(BEDU) raised $135 million in an initial public offering (IPO) on Thursday, May 18th 2017. The company issued 15,000,000 shares at $8.00-$10.00 per share. Morgan Stanley and Deutsche Bank Securities served as the underwriters for the IPO and China Merchants Securities (HK) and BNP Paribas were co-managers.

Bright Scholar Education trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEDU."

Shares of BEDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BEDU stock can currently be purchased for approximately $1.05.

Bright Scholar Education (NYSE:BEDU) has a market capitalization of $31.22 million and generates $248.93 million in revenue each year.

The company employs 2,941 workers across the globe.

Bright Scholar Education's mailing address is No.1 Country Garden RoadBeijiao Town Shunde District, Foshan F4, 528300. The official website for the company is www.brightscholar.com. The company can be reached via phone at 8675766832506 or via email at bedu.ir@gcm.international.