Bright Scholar Education Stock Forecast, Price & News

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Bright Scholar Education saw a decrease in short interest during the month of January. As of January 29th, there was short interest totaling 17,600 shares, a decrease of 45.8% from the January 14th total of 32,500 shares. Based on an average daily trading volume, of 27,300 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the company's shares are short sold.
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Bright Scholar Education is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Bright Scholar Education.

Bright Scholar Education Holdings Limited (NYSE:BEDU) posted its earnings results on Thursday, January, 16th. The company reported $1.76 EPS for the quarter, beating the Zacks' consensus estimate of $1.59 by $0.17. The firm earned $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Bright Scholar Education had a trailing twelve-month return on equity of 8.63% and a net margin of 4.62%. The company's revenue for the quarter was up 69.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.30 earnings per share.
View Bright Scholar Education's earnings history.

Bright Scholar Education's stock was trading at $7.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BEDU stock has decreased by 18.7% and is now trading at $6.39.
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Bright Scholar Education pays an annual dividend of $0.11 per share and currently has a dividend yield of 1.70%. The dividend payout ratio of Bright Scholar Education is 34.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bright Scholar Education will have a dividend payout ratio of 16.92% next year. This indicates that Bright Scholar Education will be able to sustain or increase its dividend.
View Bright Scholar Education's dividend history.

Bright Scholar Education issued an update on its FY 2021 After-Hours earnings guidance on Wednesday, January, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $545.925-561.131 million, compared to the consensus revenue estimate of $583.01 million.

Some companies that are related to Bright Scholar Education include Laureate Education (LAUR), Graham (GHC), Afya (AFYA), Strategic Education (STRA), Adtalem Global Education (ATGE), Hailiang Education Group (HLG), Vasta Platform (VSTA), Stride (LRN), Arco Platform (ARCE), Perdoceo Education (PRDO), iHuman (IH), Puxin (NEW), OneSmart International Education Group (ONE), American Public Education (APEI) and China Online Education Group (COE).
View all of BEDU's competitors.

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 The Walt Disney (DIS).

(BEDU) raised $135 million in an initial public offering on Thursday, May 18th 2017. The company issued 15,000,000 shares at a price of $8.00-$10.00 per share. Morgan Stanley and Deutsche Bank Securities acted 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."

Bright Scholar Education's stock is owned by a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.33%), Library Research Ltd (0.26%), JPMorgan Chase & Co. (0.12%), Oceanlink Management LTD. (0.06%), Oceanlink Management LTD. (0.06%) and Vontobel Holding Ltd. (0.04%).

BEDU stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, and Highland Capital Management LLC.

BEDU stock was acquired by a variety of institutional investors in the last quarter, including Library Research Ltd, Oceanlink Management LTD., Oceanlink Management LTD., Vontobel Holding Ltd., and JPMorgan Chase & Co..

Shares of BEDU 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 $6.39.

Bright Scholar Education has a market capitalization of $791.85 million and generates $491.65 million in revenue each year. The company earns $23.51 million in net income (profit) each year or $0.32 on an earnings per share basis.

Bright Scholar Education employs 11,499 workers across the globe.

The official website for Bright Scholar Education is www.brightscholar.com.

Bright Scholar Education is headquartered at No.1 Country Garden RoadBeijiao Town Shunde District, Foshan F4, 528300.

Bright Scholar Education's mailing address is No.1 Country Garden RoadBeijiao Town Shunde District, Foshan F4, 528300. The company can be reached via phone at 86-757-6683-2007 or via email at [email protected]