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CGC   0.78 (-3.69%)
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NYSE:EDU

New Oriental Education & Technology Group (EDU) Stock Forecast, Price & News

$58.55
-0.28 (-0.48%)
(As of 09/29/2023 ET)
Compare
Today's Range
$58.48
▼
$61.15
50-Day Range
$49.00
▼
$58.83
52-Week Range
$17.01
▼
$61.15
Volume
1.85 million shs
Average Volume
1.86 million shs
Market Capitalization
$9.94 billion
P/E Ratio
56.85
Dividend Yield
N/A
Price Target
$68.50
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

New Oriental Education & Technology Group MarketRank™ Forecast

Analyst Rating
0.00 Rating Score
Upside/​Downside
17.0% Upside
$68.50 Price Target
Short Interest
Healthy
2.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of New Oriental Education & Technology Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
51.65%
From $1.82 to $2.76 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Consumer Discretionary Sector

239th out of 274 stocks

Educational Services Industry

18th out of 22 stocks

See Top Rated MarketRank™ Stocks Here

EDU stock logo

About New Oriental Education & Technology Group (NYSE:EDU) Stock

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Others segments. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. The company also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, it offers online education services through the Koolearn.com platform that provides comprehensive online education courses, including college educational services, such as college test preparation, overseas test preparation, and English language learning for college students and working professionals preparing for standardized tests or seeking to enhance their English language proficiency; and educational content packages to schools and institutional customers, including universities, public libraries, telecom operators, and online video streaming providers. Further, the company develops and edits educational materials for language training and test preparation. As of May 31, 2022, it offered educational programs, services, and products to students through a network of 107 schools; 637 learning centers; and nine bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

EDU Price History

EDU Stock News Headlines

September 28, 2023 | americanbankingnews.com
New Oriental Education & Technology Group (NYSE:EDU) Shares Up 6.3% on Analyst Upgrade
September 24, 2023 | americanbankingnews.com
New Oriental Education & Technology Group (NYSE:EDU) Shares Gap Up to $53.99
September 29, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
September 22, 2023 | finance.yahoo.com
New Oriental Education & Technology Group (EDU): Is It Worth the Price? An In-Depth ...
September 14, 2023 | finance.yahoo.com
Zacks Investment Ideas feature highlights: Alibaba, iShares China ETF, Futu, New Oriental Education and Pinduoduo
September 2, 2023 | finance.yahoo.com
New Oriental Education & Technology Group Inc (N1U0.BE)
September 1, 2023 | msn.com
New Oriental Education: Growth Prospects Appear Baked In
August 30, 2023 | finance.yahoo.com
Alibaba scores a win with Taobao debut of China's 'most famous teacher' as live-streaming e-commerce race heats up
September 29, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
August 16, 2023 | finance.yahoo.com
20 Biggest EdTech Companies in the World
August 15, 2023 | investing.com
New Oriental Education & Technology (EDU)
August 10, 2023 | finance.yahoo.com
16 Easiest Countries To Get PR For International Students
August 4, 2023 | investing.com
New Oriental Education And Tech Inc (9901)
August 3, 2023 | finance.yahoo.com
Best Momentum Stocks to Buy for August 3rd
August 1, 2023 | msn.com
New Oriental Education & Technology Group Inc. - ADR (EDU) Price Target Increased by 8.51% to 62.15
July 28, 2023 | finance.yahoo.com
New Oriental Education & Technology Group Inc.: New Oriental Earnings: Strong Revenue Growth but Rising Expense a Concern; Shares Overpriced
July 28, 2023 | markets.businessinsider.com
New Oriental Education & Technology Q4 Profit Misses Estimates
July 26, 2023 | fool.com
New Oriental Education & Technology Group (EDU) Q4 2023 Earnings Call Transcript
July 7, 2023 | msn.com
New Oriental Education: Spotlight On Outlook And Buybacks
June 30, 2023 | finance.yahoo.com
New Oriental to Report Fourth Quarter 2023 Financial Results on July 26, 2023
June 29, 2023 | benzinga.com
English language training (ELT) market size in...
June 28, 2023 | finance.yahoo.com
Slowing Rates Of Return At New Oriental Education & Technology Group (NYSE:EDU) Leave Little Room For Excitement
June 19, 2023 | finance.yahoo.com
Recent Price Trend in New Oriental (EDU) is Your Friend, Here's Why
June 6, 2023 | msn.com
New Oriental Education Extends Share Buyback Program
June 6, 2023 | finance.yahoo.com
New Oriental Extends Share Repurchase Program
June 6, 2023 | finance.yahoo.com
10 Top-Rated Stocks Billionaires Are Loading Up On
June 2, 2023 | finance.yahoo.com
New Oriental (EDU) Is a Great Choice for 'Trend' Investors, Here's Why
See More Headlines
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EDU Company Calendar

Last Earnings
7/26/2023
Today
9/29/2023
Next Earnings (Confirmed)
10/25/2023
Fiscal Year End
5/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Educational services
Sub-Industry
N/A
Sector
Consumer Discretionary
Current Symbol
NYSE:EDU
CUSIP
N/A
CIK
1372920
Web
www.neworiental.org
Phone
861060908000
Fax
86-10-6260-5511
Employees
53,071
Year Founded
1969

Price Target and Rating

Average Stock Price Forecast
$68.50
High Stock Price Forecast
$71.00
Low Stock Price Forecast
$66.00
Forecasted Upside/Downside
+16.8%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.03
Trailing P/E Ratio
56.93
Forward P/E Ratio
32.22
P/E Growth
N/A
Net Income
$177.34 million
Net Margins
5.92%
Pretax Margin
10.29%
Return on Equity
4.67%
Return on Assets
2.90%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.96
Quick Ratio
1.94

Sales & Book Value

Annual Sales
$3.00 billion
Price / Sales
3.32
Cash Flow
$5.73 per share
Price / Cash Flow
10.23
Book Value
$22.48 per share
Price / Book
2.61

Miscellaneous

Outstanding Shares
169,700,000
Free Float
143,394,000
Market Cap
$9.95 billion
Optionable
Optionable
Beta
0.69

Social Links

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Key Executives

  • Mr. Minhong Yu (Age 60)
    Founder & Exec. Chairman
  • Mr. Chenggang Zhou (Age 61)
    CEO & Director
  • Mr. Zhihui Yang (Age 49)
    Exec. Pres & CFO
  • Ms. Sisi Zhao
    Investor Relations Director
  • Mr. Tung-Jung Hsieh (Age 59)
    Sr. Adviser & Director
  • Mr. Zheng Zhao
    Gen. Mang. & Managing Partner, New Oriental Education Culture Industry Fund

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













EDU Stock - Frequently Asked Questions

What is New Oriental Education & Technology Group's stock price forecast for 2023?

0 Wall Street analysts have issued 12-month price targets for New Oriental Education & Technology Group's shares. Their EDU share price forecasts range from $66.00 to $71.00. On average, they predict the company's stock price to reach $68.50 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
View analysts price targets for EDU or view top-rated stocks among Wall Street analysts.

How have EDU shares performed in 2023?

New Oriental Education & Technology Group's stock was trading at $34.82 on January 1st, 2023. Since then, EDU stock has increased by 68.4% and is now trading at $58.64.
View the best growth stocks for 2023 here.

Are investors shorting New Oriental Education & Technology Group?

New Oriental Education & Technology Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,490,000 shares, an increase of 21.6% from the August 31st total of 2,870,000 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 2.1% of the shares of the company are sold short.
View New Oriental Education & Technology Group's Short Interest.

When is New Oriental Education & Technology Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our EDU earnings forecast.

How can I listen to New Oriental Education & Technology Group's earnings call?

New Oriental Education & Technology Group will be holding an earnings conference call on Wednesday, October 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were New Oriental Education & Technology Group's earnings last quarter?

New Oriental Education & Technology Group Inc. (NYSE:EDU) announced its quarterly earnings results on Wednesday, July, 26th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $1.12 by $0.90. The business earned $860.57 million during the quarter, compared to analysts' expectations of $827.96 million. New Oriental Education & Technology Group had a net margin of 5.92% and a trailing twelve-month return on equity of 4.67%.

What ETFs hold New Oriental Education & Technology Group's stock?

ETFs with the largest weight of New Oriental Education & Technology Group (NYSE:EDU) stock in their portfolio include Global X Education ETF (EDUT), AdvisorShares Dorsey Wright ADR ETF (AADR), Invesco Golden Dragon China ETF (PGJ) and Jacob Forward ETF (JFWD).First Trust International IPO ETF (FPXI).

When did New Oriental Education & Technology Group's stock split?

Shares of New Oriental Education & Technology Group reverse split before market open on Friday, April 8th 2022. The 1-10 reverse split was announced on Friday, April 8th 2022. The number of shares owned by shareholders was adjusted after the market closes on Friday, April 8th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How will New Oriental Education & Technology Group's stock buyback program work?

New Oriental Education & Technology Group declared that its board has authorized a share repurchase plan on Wednesday, July 27th 2022, which authorizes the company to buyback $0.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

What guidance has New Oriental Education & Technology Group issued on next quarter's earnings?

New Oriental Education & Technology Group updated its first quarter 2024 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $983.20M-$1.01 billion, compared to the consensus revenue estimate of $939.47 million.

What other stocks do shareholders of New Oriental Education & Technology Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other New Oriental Education & Technology Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Adobe (ADBE), Netflix (NFLX), Walt Disney (DIS), Tesla (TSLA), Mastercard (MA), PayPal (PYPL) and QUALCOMM (QCOM).

What is New Oriental Education & Technology Group's stock symbol?

New Oriental Education & Technology Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "EDU."

How do I buy shares of New Oriental Education & Technology Group?

Shares of EDU 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.
Compare Top Brokerages Here.

What is New Oriental Education & Technology Group's stock price today?

One share of EDU stock can currently be purchased for approximately $58.64.

How much money does New Oriental Education & Technology Group make?

New Oriental Education & Technology Group (NYSE:EDU) has a market capitalization of $9.95 billion and generates $3.00 billion in revenue each year. The company earns $177.34 million in net income (profit) each year or $1.03 on an earnings per share basis.

How many employees does New Oriental Education & Technology Group have?

The company employs 53,071 workers across the globe.

How can I contact New Oriental Education & Technology Group?

New Oriental Education & Technology Group's mailing address is NO. 6 HAI DIAN ZHONG STREET 9TH FLOOR, BEIJING F4, 100080. The official website for the company is www.neworiental.org. The company can be reached via phone at 861060908000, via email at zhaosisi@xdf.cn, or via fax at 86-10-6260-5511.

This page (NYSE:EDU) was last updated on 9/29/2023 by MarketBeat.com Staff

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