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 Language Training and Test Preparation 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 achieve better scores on entrance exams for admission into high schools or higher education institutions, 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 taught in Chinese and English; develops and edits educational materials for language training and test preparation comprising books, software, CD-ROMs, magazines, and other periodicals; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting; pre-school education; and a pilot program that permits third parties in small cities to provide its English and kindergarten programs, as well as overseas study tour services. As of May 31, 2018, it offered educational programs, services, and products to students through a network of 87 schools, 994 learning centers, and 18 bookstores. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Educational services
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNYSE:EDU
Previous Symbol
CUSIPN/A
Phone86-10-6090-8000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.68
Quick Ratio1.66
Price-To-Earnings
Trailing P/E Ratio29.78
Forward P/E Ratio28.70
P/E Growth0.91
Sales & Book Value
Annual Sales$2.45 billion
Price / Sales3.24
Cash Flow$2.5138 per share
Price / Cash22.15
Book Value$14.08 per share
Price / Book3.95
Profitability
EPS (Most Recent Fiscal Year)$1.87
Net Income$296.13 million
Net Margins9.86%
Return on Equity15.47%
Return on Assets8.27%
Miscellaneous
Employees54,242
Outstanding Shares142,580,000
Market Cap$8.31 billion
OptionableOptionable
New Oriental Education & Tech Grp (NYSE:EDU) Frequently Asked Questions
What is New Oriental Education & Tech Grp's stock symbol?
New Oriental Education & Tech Grp trades on the New York Stock Exchange (NYSE) under the ticker symbol "EDU."
How will New Oriental Education & Tech Grp's stock buyback program work?
New Oriental Education & Tech Grp declared that its board has authorized a stock buyback program on Tuesday, October 23rd 2018, which allows the company to buyback $0.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.
How were New Oriental Education & Tech Grp's earnings last quarter?
New Oriental Education & Tech Grp (NYSE:EDU) issued its earnings results on Tuesday, October, 23rd. The company reported $1.15 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.13 by $0.02. The company had revenue of $859.80 million for the quarter, compared to analysts' expectations of $839.68 million. New Oriental Education & Tech Grp had a net margin of 9.86% and a return on equity of 15.47%. The firm's revenue for the quarter was up 30.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.02 EPS. View New Oriental Education & Tech Grp's Earnings History.
When is New Oriental Education & Tech Grp's next earnings date?
What guidance has New Oriental Education & Tech Grp issued on next quarter's earnings?
New Oriental Education & Tech Grp issued an update on its second quarter 2019 earnings guidance on Tuesday, October, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $568.5-586.4 million, compared to the consensus revenue estimate of $606.53 million.
What price target have analysts set for EDU?
6 brokerages have issued 1 year target prices for New Oriental Education & Tech Grp's shares. Their predictions range from $55.00 to $100.00. On average, they expect New Oriental Education & Tech Grp's share price to reach $83.25 in the next twelve months. This suggests a possible upside of 49.5% from the stock's current price. View Analyst Price Targets for New Oriental Education & Tech Grp.
What is the consensus analysts' recommendation for New Oriental Education & Tech Grp?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Tech Grp in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Oriental Education & Tech Grp.
Has New Oriental Education & Tech Grp been receiving favorable news coverage?
Press coverage about EDU stock has been trending positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New Oriental Education & Tech Grp earned a news impact score of 2.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term.
Who are some of New Oriental Education & Tech Grp's key competitors?
Some companies that are related to New Oriental Education & Tech Grp include TAL Education Group (TAL), Grand Canyon Education (LOPE), Graham (GHC), Adtalem Global Education (ATGE), Laureate Education (LAUR), Chegg (CHGG), Hailiang Education Group (HLG), Bright Scholar Education Holdngs (BEDU), Strategic Education (STRA), OneSmart International Edun Gr (ONE), K12 (LRN), Career Education (CECO), RISE Education Cayman (REDU), American Public Education (APEI) and Puxin (NEW).
Who are New Oriental Education & Tech Grp's key executives?
New Oriental Education & Tech Grp's management team includes the folowing people:
- Mr. Minhong Yu, Founder & Exec. Chairman (Age 55)
- Mr. Chenggang Zhou, CEO & Director (Age 56)
- Mr. Zhihui Yang, Chief Financial Officer (Age 44)
- Sisi Zhao, Investor Relations Director
- Mr. Qiang Wu, Head of The Beijing School
Who are New Oriental Education & Tech Grp's major shareholders?
New Oriental Education & Tech Grp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Schroder Investment Management Group (6.15%), BlackRock Inc. (4.68%), OppenheimerFunds Inc. (3.90%), Greenwoods Asset Management Ltd (3.00%), FMR LLC (2.81%) and FIL Ltd (2.12%).
Which institutional investors are selling New Oriental Education & Tech Grp stock?
EDU stock was sold by a variety of institutional investors in the last quarter, including Harvest Fund Management Co. Ltd, Canada Pension Plan Investment Board, Macquarie Group Ltd., Mitsubishi UFJ Trust & Banking Corp, TB Alternative Assets Ltd., Pictet Asset Management Ltd., Tobam and BlackRock Inc..
Which institutional investors are buying New Oriental Education & Tech Grp stock?
EDU stock was acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Renaissance Technologies LLC, Coronation Fund Managers Ltd., OppenheimerFunds Inc., FIL Ltd, Deutsche Bank AG, SeaTown Holdings Pte. Ltd. and Sustainable Growth Advisers LP.
How do I buy shares of New Oriental Education & Tech Grp?
Shares of EDU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is New Oriental Education & Tech Grp's stock price today?
One share of EDU stock can currently be purchased for approximately $55.68.
How big of a company is New Oriental Education & Tech Grp?
New Oriental Education & Tech Grp has a market capitalization of $8.31 billion and generates $2.45 billion in revenue each year. The company earns $296.13 million in net income (profit) each year or $1.87 on an earnings per share basis. New Oriental Education & Tech Grp employs 54,242 workers across the globe.
What is New Oriental Education & Tech Grp's official website?
How can I contact New Oriental Education & Tech Grp?
New Oriental Education & Tech Grp'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]
MarketBeat Community Rating for New Oriental Education & Tech Grp (NYSE EDU)
MarketBeat's community ratings are surveys of what our community members think about New Oriental Education & Tech Grp and other stocks. Vote "Outperform" if you believe EDU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EDU will underperform the S&P 500 over the long term. You may vote once every thirty days.
