Bright Scholar Education - BEDU Stock Forecast, Price & News

Bright Scholar Education's stock was trading at $4.64 at the beginning of the year. Since then, BEDU stock has decreased by 31.3% and is now trading at $3.19.
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Bright Scholar Education saw a decrease in short interest in August. As of August 31st, there was short interest totaling 7,800 shares, a decrease of 56.2% from the August 15th total of 17,800 shares. Based on an average trading volume of 24,700 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.
View Bright Scholar Education's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 20th 2022.
View our BEDU earnings forecast.

Bright Scholar Education Holdings Limited (NYSE:BEDU) issued its earnings results on Thursday, August, 4th. The company reported ($0.04) EPS for the quarter. The company had revenue of $65.59 million for the quarter.

Bright Scholar Education (NYSE:BEDU) pays an annual dividend of $0.42 per share and currently has a dividend yield of 13.41%. BEDU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BEDU.

Bright Scholar Education shares 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.

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 IPO 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 institutional and retail investors. Top institutional shareholders include Indus Capital Partners LLC (2.54%), Renaissance Technologies LLC (0.25%) and Goldman Sachs Group Inc. (0.12%).

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 $3.19.

Bright Scholar Education (NYSE:BEDU) has a market capitalization of $380.22 million and generates $216.98 million in revenue each year.

The company employs 3,025 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.