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 41.6% and is now trading at $2.71.
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Bright Scholar Education saw a increase in short interest in October. As of October 31st, there was short interest totaling 12,200 shares, an increase of 31.2% from the October 15th total of 9,300 shares. Based on an average trading volume of 9,000 shares, the short-interest ratio is presently 1.4 days. Currently, 0.2% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 29th 2022.
View our BEDU earnings forecast.

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

Bright Scholar Education shares reverse split on the morning of 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 $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."

Bright Scholar Education's stock is owned by a number of retail and institutional investors. Top institutional investors include Library Research Ltd (0.07%), Renaissance Technologies LLC (0.06%), Maven Securities LTD (0.01%) and Maven Securities LTD (0.01%).

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 $2.71.

Bright Scholar Education (NYSE:BEDU) has a market capitalization of $323.00 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.