NYSE:EDU New Oriental Education & Technology Group - EDU Stock Forecast, Price & News 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. $38.61 -0.87 (-2.20%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$38.38▼$39.4750-Day Range$35.12▼$45.3152-Week Range$9.29▼$46.63Volume871,964 shsAverage Volume2.19 million shsMarket Capitalization$6.55 billionP/E RatioN/ADividend YieldN/APrice Target$36.60 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New Oriental Education & Technology Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside5.2% Downside$36.60 Price TargetShort InterestHealthy3.16% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.23Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth75.00%From $0.68 to $1.19 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.1.79 out of 5 starsConsumer Discretionary Sector212th out of 262 stocksEducational Services Industry19th out of 24 stocks 1.5 Analyst's Opinion Consensus RatingNew Oriental Education & Technology Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.60, New Oriental Education & Technology Group has a forecasted downside of 5.2% from its current price of $38.61.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 Shorted3.16% 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 2.1, 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 14.57%, 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 2.4 News and Social Media Coverage News SentimentNew Oriental Education & Technology Group has a news sentiment score of 0.23. 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 0.40 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 Interest17 people have searched for EDU on MarketBeat in the last 30 days. This is an increase of 70% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added New Oriental Education & Technology Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 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 Institutions67.55% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for New Oriental Education & Technology Group are expected to grow by 75.00% in the coming year, from $0.68 to $1.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Oriental Education & Technology Group is -85.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Oriental Education & Technology Group is -85.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew Oriental Education & Technology Group has a P/B Ratio of 1.73. 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. is a holding company, which engages in the provision of private educational services. It operates through the following segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Others. The company was founded by Min Hong Yu and Yong Qiang Qian on November 16, 1993 and is headquartered in Beijing, China.Read More 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 Stock News HeadlinesApril 1, 2023 | finance.yahoo.comNew Oriental Education & Technology Group Inc. (EDU)March 30, 2023 | thestreet.comNew Oriental Education & Technology Group I (EDU): Today's Featured Diversified Services LaggardApril 2, 2023 | Investorplace Media (Ad)This Tech Stock Could be the Next AmazonYou can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. March 28, 2023 | benzinga.comWhat's Going On With New Oriental Education And TAL Education Stock?March 22, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Shares Gap Down to $35.47March 20, 2023 | marketwatch.comEducation & Training Market Share and Forecast till 2029March 19, 2023 | finance.yahoo.comInstitutional investors may overlook New Oriental Education & Technology Group Inc.'s (NYSE:EDU) recent US$839m market cap drop as long-term gains remain positiveFebruary 28, 2023 | morningstar.comNew Oriental Education & Technology Group Inc Ordinary SharesApril 2, 2023 | Investorplace Media (Ad)This Tech Stock Could be the Next AmazonYou can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. February 22, 2023 | seekingalpha.comEDU New Oriental Education & Technology Group Inc.February 21, 2023 | finance.yahoo.comHedge Fund Buying Sparks 380% Rally for Hard-Hit Education StockFebruary 8, 2023 | finance.yahoo.comNew Oriental Education & Technology Group Inc. (NYSE:EDU) Shares Could Be 43% Below Their Intrinsic Value EstimateFebruary 7, 2023 | nasdaq.comTigerstep Developments Increases Position in New Oriental Education & Technology Group (9901)January 27, 2023 | seekingalpha.comKoolearn's New Lesson: E-Commerce Pays Better Than EducationJanuary 17, 2023 | marketwatch.comNew Oriental Education & Technology ADRs Fall 10% on Lower 2Q RevenueJanuary 17, 2023 | benzinga.comWhy New Oriental Education & Technology Group Stock Is Getting HammeredJanuary 17, 2023 | seekingalpha.comNew Oriental Education & Technology reports Q2 earnings beat; guides Q3 revenue above estimatesJanuary 17, 2023 | apnews.comNew Oriental: Fiscal Q2 Earnings SnapshotJanuary 4, 2023 | marketwatch.comEducation & Training Market Share 2023 is Set to Register a Strong Growth Till 2028 with New Businesses opportunities and Strategic InnovationsDecember 29, 2022 | finance.yahoo.comNew Oriental to Report Second Quarter 2023 Financial Results on January 17, 2023December 19, 2022 | finance.yahoo.comWhat Makes New Oriental (EDU) a Good Fit for 'Trend Investing'December 19, 2022 | finance.yahoo.comNew Oriental Education & Technology Group (NYSE:EDU) adds US$353m to market cap in the past 7 days, though investors from three years ago are still down 72%November 8, 2022 | finance.yahoo.com7 Chinese Stocks Set to Soar From 52-Week LowsNovember 8, 2022 | finance.yahoo.comNew Oriental Education & Technology Group First Quarter 2023 Earnings: Beats ExpectationsOctober 27, 2022 | finance.yahoo.comNew Oriental Education & Technology Group Inc.: New Oriental's First-Quarter Results Beat Expectations; Fair Value Estimate Raised to USD 32.50October 27, 2022 | seekingalpha.comNew Oriental Emerges From Carnage Of Education CleanupOctober 26, 2022 | msn.comWhy New Oriental Education & Technology Group Stock Is Popping OffSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings1/17/2023Today4/02/2023Next Earnings (Estimated)4/25/2023Fiscal Year End5/31/2023Get 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$36.60 High Stock Price Forecast$36.60 Low Stock Price Forecast$36.60 Forecasted Upside/Downside-5.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.45) Trailing P/E RatioN/A Forward P/E Ratio56.78 P/E GrowthN/ANet Income$-1,187,720,000.00 Net Margins-9.72% Pretax MarginN/A Return on Equity-6.32% Return on Assets-3.95% Debt Debt-to-Equity RatioN/A Current Ratio2.40 Quick Ratio2.36 Sales & Book Value Annual Sales$3.11 billion Price / Sales2.11 Cash FlowN/A Price / Cash FlowN/A Book Value$22.35 per share Price / Book1.73Miscellaneous Outstanding Shares169,700,000Free Float143,394,000Market Cap$6.55 billion OptionableOptionable Beta0.61 Social Links Key ExecutivesCheng Gang ZhouChief Executive Officer & DirectorZhi Hui YangChief Financial Officer & Executive PresidentDong CaoManager-Senior AuditingQingrong HeDirector-Public Relations & MarketingSi Si ZhaoDirector-Investor RelationsKey CompetitorsTAL Education GroupNYSE:TALGrand Canyon EducationNASDAQ:LOPEGrahamNYSE:GHCStrategic EducationNASDAQ:STRALaureate EducationNASDAQ:LAURView All CompetitorsInstitutional OwnershipOLD Mission Capital LLCBought 45,764 shares on 3/6/2023Ownership: 0.027%Parallax Volatility Advisers L.P.Bought 527,400 shares on 2/27/2023Ownership: 0.000%Blue Creek Capital Management LtdBought 941,485 shares on 2/16/2023Ownership: 0.554%Sylebra Capital LtdSold 26,462 shares on 2/16/2023Ownership: 0.523%Alliancebernstein L.P.Bought 43,887 shares on 2/16/2023Ownership: 0.026%View All Institutional Transactions EDU Stock - Frequently Asked Questions Should I buy or sell New Oriental Education & Technology Group stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Technology Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EDU shares. View EDU analyst ratings or view top-rated stocks. What is New Oriental Education & Technology Group's stock price forecast for 2023? 6 brokerages have issued 12 month price objectives for New Oriental Education & Technology Group's stock. Their EDU share price forecasts range from $36.60 to $36.60. On average, they expect the company's share price to reach $36.60 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. 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 beginning of 2023. Since then, EDU stock has increased by 10.9% and is now trading at $38.61. 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 the month of March. As of March 15th, there was short interest totaling 5,190,000 shares, an increase of 14.6% from the February 28th total of 4,530,000 shares. Based on an average daily trading volume, of 2,460,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.2% of the shares of the company 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 Tuesday, April 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) issued its earnings results on Tuesday, January, 17th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.12. The firm earned $638.20 million during the quarter, compared to the consensus estimate of $614.16 million. New Oriental Education & Technology Group had a negative trailing twelve-month return on equity of 6.32% and a negative net margin of 9.72%. New Oriental Education & Technology Group's quarterly revenue was down 3.0% compared to the same quarter last year. During the same period last year, the firm earned $1.00 EPS. 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), Invesco Golden Dragon China ETF (PGJ), AdvisorShares Dorsey Wright ADR ETF (AADR), Jacob Forward ETF (JFWD), Invesco RAFI Strategic Emerging Markets ETF (ISEM), First Trust International IPO ETF (FPXI), Goldman Sachs Innovate Equity ETF (GINN) and Avantis Emerging Markets Equity ETF (AVEM). When did New Oriental Education & Technology Group's stock split? New Oriental Education & Technology Group's stock 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 initiated a share buyback program on Wednesday, July 27th 2022, which allows the company to buyback $0.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's management 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 third quarter 2023 earnings guidance on Tuesday, January, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $702.80 million-$719.80 million, compared to the consensus revenue estimate of $668.82 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 $38.61. How much money does New Oriental Education & Technology Group make? New Oriental Education & Technology Group (NYSE:EDU) has a market capitalization of $6.55 billion and generates $3.11 billion in revenue each year. The company earns $-1,187,720,000.00 in net income (profit) each year or ($0.45) 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 4/2/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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