New Oriental Education & Technology Group Stock Forecast, Price & News

$2.22
+0.05 (+2.30 %)
(As of 08/3/2021 12:00 AM ET)
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Today's Range
$1.96
$2.36
50-Day Range
$1.94
$11.09
52-Week Range
$1.94
$19.97
Volume108.15 million shs
Average Volume38.60 million shs
Market Capitalization$3.81 billion
P/E Ratio9.25
Dividend YieldN/A
Beta0.86
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New Oriental Education & Technology Group logo

About New Oriental Education & Technology Group

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. It operates through K-12 AST, Test Preparation and Other Courses; and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to enhance their exam scores, as well as for children to teach English. It also provides language training courses, including English, as well as other foreign languages, such as German, Japanese, French, Korean, Italian, and Spanish; operates a full-time private primary and secondary school in Yangzhou seeking a full curriculum with a focus on English; develops and edits educational materials for language training and test preparation; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting and overseas study tour services. As of May 31, 2020, it offered educational programs, services, and products to students through a network of 104 schools, 1,361 learning centers, and 12 bookstores. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

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MarketRank

Overall MarketRank

2.46 out of 5 stars

Consumer Discretionary Sector

77th out of 371 stocks

Educational Services Industry

6th out of 50 stocks

Analyst Opinion: 4.0Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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New Oriental Education & Technology Group (NYSE:EDU) Frequently Asked Questions

Is New Oriental Education & Technology Group a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Technology Group in the last year. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" New Oriental Education & Technology Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EDU, but not buy additional shares or sell existing shares.
View analyst ratings for New Oriental Education & Technology Group
or view top-rated stocks.

What stocks does MarketBeat like better than New Oriental Education & Technology Group?

Wall Street analysts have given New Oriental Education & Technology Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but New Oriental Education & Technology Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting New Oriental Education & Technology Group?

New Oriental Education & Technology Group saw a decline in short interest in June. As of June 30th, there was short interest totaling 50,400,000 shares, a decline of 32.1% from the June 15th total of 74,240,000 shares. Based on an average daily volume of 31,130,000 shares, the days-to-cover ratio is currently 1.6 days.
View New Oriental Education & Technology Group's Short Interest
.

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

New Oriental Education & Technology Group Inc. (NYSE:EDU) issued its quarterly earnings data on Monday, April, 19th. The company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.07 by $0.03. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.13 billion. New Oriental Education & Technology Group had a net margin of 10.18% and a trailing twelve-month return on equity of 9.90%. The business's quarterly revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 earnings per share.
View New Oriental Education & Technology Group's earnings history
.

How has New Oriental Education & Technology Group's stock price been impacted by Coronavirus?

New Oriental Education & Technology Group's stock was trading at $126.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EDU stock has decreased by 98.2% and is now trading at $2.22.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for EDU?

14 brokers have issued twelve-month target prices for New Oriental Education & Technology Group's stock. Their forecasts range from $8.70 to $195.00. On average, they anticipate New Oriental Education & Technology Group's stock price to reach $65.30 in the next twelve months. This suggests a possible upside of 2,841.4% from the stock's current price.
View analysts' price targets for New Oriental Education & Technology Group
or view top-rated stocks among Wall Street analysts.

Who are New Oriental Education & Technology Group's key executives?

New Oriental Education & Technology Group's management team includes the following people:
  • Mr. Minhong Yu, Founder & Exec. Chairman (Age 58)
  • Mr. Chenggang Zhou, CEO & Director (Age 59)
  • Mr. Zhihui Yang, Exec. Pres & CFO (Age 47)
  • Ms. Sisi Zhao, Investor Relations Director
  • Mr. Tung-Jung Hsieh, Sr. Adviser & Director (Age 57)
  • Mr. Qiang Wu, Head of The Beijing School (Age 48)
  • Mr. Zheng Zhao, Managing Partner, New Oriental Education Culture Industry Fund

Who are some of New Oriental Education & Technology Group's key competitors?

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), The 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."

Who are New Oriental Education & Technology Group's major shareholders?

New Oriental Education & Technology Group's stock is owned by many different retail and institutional investors. Top institutional investors include Genesis Investment Management LLP (1.28%), Coronation Fund Managers Ltd. (0.96%), Fisher Asset Management LLC (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), Handelsbanken Fonder AB (0.11%) and Zurcher Kantonalbank Zurich Cantonalbank (0.06%).

Which institutional investors are selling New Oriental Education & Technology Group stock?

EDU stock was sold by a variety of institutional investors in the last quarter, including Guinness Atkinson Asset Management Inc, Alliancebernstein L.P., Handelsbanken Fonder AB, Asset Management One Co. Ltd., AIA Group Ltd, Sumitomo Mitsui DS Asset Management Company Ltd, Sumitomo Mitsui Trust Holdings Inc., and E Fund Management Hong Kong Co. Ltd..

Which institutional investors are buying New Oriental Education & Technology Group stock?

EDU stock was bought by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., Genesis Investment Management LLP, Zurcher Kantonalbank Zurich Cantonalbank , New York State Common Retirement Fund, Cutler Group LP, Oppenheimer Asset Management Inc., Live Oak Private Wealth LLC, and Altfest L J & Co. Inc..

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

Shares of EDU 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 $2.22.

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

New Oriental Education & Technology Group has a market capitalization of $3.81 billion and generates $3.58 billion in revenue each year. The company earns $413.33 million in net income (profit) each year or $0.26 on an earnings per share basis.

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

New Oriental Education & Technology Group employs 54,242 workers across the globe.

When was New Oriental Education & Technology Group founded?

New Oriental Education & Technology Group was founded in 1969.

What is New Oriental Education & Technology Group's official website?

The official website for New Oriental Education & Technology Group is www.neworiental.org.

Where are New Oriental Education & Technology Group's headquarters?

New Oriental Education & Technology Group is headquartered at NO. 6 HAI DIAN ZHONG STREET 9TH FLOOR, BEIJING F4, 100080.

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 company can be reached via phone at 86-10-6090-8000 or via email at [email protected]


This page was last updated on 8/4/2021 by MarketBeat.com Staff
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