NYSE:EDU New Oriental Education & Technology Group (EDU) Stock Forecast, Price & News $58.55 +2.52 (+4.50%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$58.17▼$59.8750-Day Range$45.57▼$58.7252-Week Range$17.01▼$60.19Volume2.92 million shsAverage Volume1.86 million shsMarket Capitalization$9.94 billionP/E Ratio56.85Dividend YieldN/APrice Target$68.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New Oriental Education & Technology Group MarketRank™ ForecastAnalyst Rating0.00 Rating ScoreUpside/Downside17.0% Upside$68.50 Price TargetShort InterestHealthy2.07% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.42Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth51.65%From $1.82 to $2.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 starsConsumer Discretionary Sector241st out of 276 stocksEducational Services Industry19th out of 22 stocks 1.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $68.50, New Oriental Education & Technology Group has a forecasted upside of 17.0% from its current price of $58.55.Amount of Analyst CoverageNew Oriental Education & Technology Group has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.07% of the float of New Oriental Education & Technology Group has been sold short.Short Interest Ratio / Days to CoverNew Oriental Education & Technology Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Oriental Education & Technology Group has recently increased by 21.60%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNew Oriental Education & Technology Group does not currently pay a dividend.Dividend GrowthNew Oriental Education & Technology Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EDU. Previous Next 3.0 News and Social Media Coverage News SentimentNew Oriental Education & Technology Group has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 5 news articles for New Oriental Education & Technology Group this week, compared to 2 articles on an average week.Search Interest9 people have searched for EDU on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat Follows2 people have added New Oriental Education & Technology Group to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Oriental Education & Technology Group insiders have not sold or bought any company stock.Percentage Held by Insiders15.50% of the stock of New Oriental Education & Technology Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions89.51% of the stock of New Oriental Education & Technology Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for New Oriental Education & Technology Group are expected to grow by 51.65% in the coming year, from $1.82 to $2.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Oriental Education & Technology Group is 56.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.63.Price to Earnings Ratio vs. SectorThe P/E ratio of New Oriental Education & Technology Group is 56.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.00.Price to Book Value per Share RatioNew Oriental Education & Technology Group has a P/B Ratio of 2.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About New Oriental Education & Technology Group (NYSE:EDU) StockNew 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.Read More EDU Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EDU Stock News HeadlinesSeptember 24, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Shares Gap Up to $53.99September 22, 2023 | finance.yahoo.comNew Oriental Education & Technology Group (EDU): Is It Worth the Price? An In-Depth ...September 27, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 14, 2023 | finance.yahoo.comZacks Investment Ideas feature highlights: Alibaba, iShares China ETF, Futu, New Oriental Education and PinduoduoSeptember 2, 2023 | finance.yahoo.comNew Oriental Education & Technology Group Inc (N1U0.BE)September 1, 2023 | msn.comNew Oriental Education: Growth Prospects Appear Baked InAugust 30, 2023 | finance.yahoo.comAlibaba scores a win with Taobao debut of China's 'most famous teacher' as live-streaming e-commerce race heats upAugust 16, 2023 | finance.yahoo.com20 Biggest EdTech Companies in the WorldSeptember 27, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.August 15, 2023 | investing.comNew Oriental Education & Technology (EDU)August 10, 2023 | finance.yahoo.com16 Easiest Countries To Get PR For International StudentsAugust 4, 2023 | investing.comNew Oriental Education And Tech Inc (9901)August 3, 2023 | finance.yahoo.comBest Momentum Stocks to Buy for August 3rdAugust 1, 2023 | msn.comNew Oriental Education & Technology Group Inc. - ADR (EDU) Price Target Increased by 8.51% to 62.15July 28, 2023 | finance.yahoo.comNew Oriental Education & Technology Group Inc.: New Oriental Earnings: Strong Revenue Growth but Rising Expense a Concern; Shares OverpricedJuly 28, 2023 | markets.businessinsider.comNew Oriental Education & Technology Q4 Profit Misses EstimatesJuly 26, 2023 | fool.comNew Oriental Education & Technology Group (EDU) Q4 2023 Earnings Call TranscriptJuly 7, 2023 | msn.comNew Oriental Education: Spotlight On Outlook And BuybacksJune 30, 2023 | finance.yahoo.comNew Oriental to Report Fourth Quarter 2023 Financial Results on July 26, 2023June 29, 2023 | benzinga.comEnglish language training (ELT) market size in...June 28, 2023 | finance.yahoo.comSlowing Rates Of Return At New Oriental Education & Technology Group (NYSE:EDU) Leave Little Room For ExcitementJune 19, 2023 | finance.yahoo.comRecent Price Trend in New Oriental (EDU) is Your Friend, Here's WhyJune 6, 2023 | msn.comNew Oriental Education Extends Share Buyback ProgramJune 6, 2023 | finance.yahoo.comNew Oriental Extends Share Repurchase ProgramJune 6, 2023 | finance.yahoo.com10 Top-Rated Stocks Billionaires Are Loading Up OnJune 2, 2023 | finance.yahoo.comNew Oriental (EDU) Is a Great Choice for 'Trend' Investors, Here's WhyApril 26, 2023 | benzinga.comNew School Day Dawns For New OrientalSee More Headlines Receive EDU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Oriental Education & Technology Group and its competitors with MarketBeat's FREE daily newsletter. Email Address EDU Company Calendar Last Earnings7/26/2023Today9/27/2023Next Earnings (Estimated)10/25/2023Fiscal Year End5/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Educational services Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:EDU CUSIPN/A CIK1372920 Webwww.neworiental.org Phone861060908000Fax86-10-6260-5511Employees53,071Year Founded1969Price Target and Rating Average Stock Price Forecast$68.50 High Stock Price Forecast$71.00 Low Stock Price Forecast$66.00 Forecasted Upside/Downside+21.8%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$1.03 Trailing P/E Ratio56.60 Forward P/E Ratio32.03 P/E GrowthN/ANet Income$177.34 million Net Margins5.92% Pretax Margin10.29% Return on Equity4.67% Return on Assets2.90% Debt Debt-to-Equity RatioN/A Current Ratio1.96 Quick Ratio1.94 Sales & Book Value Annual Sales$3.00 billion Price / Sales3.30 Cash Flow$6.10 per share Price / Cash Flow9.55 Book Value$22.48 per share Price / Book2.59Miscellaneous Outstanding Shares169,700,000Free Float143,394,000Market Cap$9.89 billion OptionableOptionable Beta0.69 Social Links 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Minhong Yu (Age 60)Founder & Exec. Chairman Mr. Chenggang Zhou (Age 61)CEO & Director Mr. Zhihui Yang (Age 49)Exec. Pres & CFO Ms. Sisi ZhaoInvestor Relations DirectorMr. Tung-Jung Hsieh (Age 59)Sr. Adviser & Director Mr. Zheng ZhaoGen. Mang. & Managing Partner, New Oriental Education Culture Industry FundMore ExecutivesKey CompetitorsTAL Education GroupNYSE:TALGrand Canyon EducationNASDAQ:LOPEGrahamNYSE:GHCBJ's Wholesale ClubNYSE:BJVail ResortsNYSE:MTNView All CompetitorsInstitutional OwnershipPortside Wealth Group LLCBought 61,548 shares on 9/1/2023Ownership: 0.036%Wolverine Trading LLCSold 60,000 shares on 8/23/2023Ownership: 0.000%GTS Securities LLCBought 7,601 shares on 8/16/2023Ownership: 0.004%Sunbelt Securities Inc.Sold 363 shares on 8/16/2023Ownership: 0.000%Seven Eight Capital LPBought 401 shares on 8/15/2023Ownership: 0.006%View All Institutional Transactions EDU Stock - Frequently Asked Questions What is New Oriental Education & Technology Group's stock price forecast for 2023? 0 analysts have issued twelve-month target prices for New Oriental Education & Technology Group's stock. Their EDU share price forecasts range from $66.00 to $71.00. On average, they anticipate the company's share price to reach $68.50 in the next twelve months. This suggests a possible upside of 17.5% 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 at the start of the year. Since then, EDU shares have increased by 67.4% and is now trading at $58.30. 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 in 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 trading volume, of 1,570,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 2.1% of the shares of the stock are short sold. 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 were New Oriental Education & Technology Group's earnings last quarter? New Oriental Education & Technology Group Inc. (NYSE:EDU) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by $0.90. The firm had revenue of $860.57 million for the quarter, compared to analyst estimates 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? New Oriental Education & Technology Group shares reverse split 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 of Directors has authorized a stock repurchase plan on Wednesday, July 27th 2022, which permits the company to repurchase $0.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued. What guidance has New Oriental Education & Technology Group issued on next quarter's earnings? New Oriental Education & Technology Group issued an update on its first quarter 2024 earnings guidance on Wednesday, July, 26th. The company provided 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." Who are New Oriental Education & Technology Group's major shareholders? New Oriental Education & Technology Group's stock is owned by many different institutional and retail investors. Top institutional investors include Baupost Group LLC MA (2.43%), KEYWISE CAPITAL MANAGEMENT HK Ltd (2.34%), Yiheng Capital Management L.P. (2.03%), Schroder Investment Management Group (1.96%), Renaissance Technologies LLC (1.93%) and Keystone Investors PTE Ltd. (1.02%). 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 $58.30. How much money does New Oriental Education & Technology Group make? New Oriental Education & Technology Group (NYSE:EDU) has a market capitalization of $9.89 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 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Oriental Education & Technology Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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