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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
5 Hypergrowth Stocks to Buy Now (Ad)pixel
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
5 Hypergrowth Stocks to Buy Now (Ad)pixel
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
5 Hypergrowth Stocks to Buy Now (Ad)pixel
NYSE:EDU

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

$38.61
-0.87 (-2.20%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$38.38
$39.47
50-Day Range
$35.12
$45.31
52-Week Range
$9.29
$46.63
Volume
871,964 shs
Average Volume
2.19 million shs
Market Capitalization
$6.55 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$36.60

New Oriental Education & Technology Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
5.2% Downside
$36.60 Price Target
Short Interest
Healthy
3.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of New Oriental Education & Technology Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
75.00%
From $0.68 to $1.19 Per Share

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 stars

Consumer Discretionary Sector

212th out of 262 stocks

Educational Services Industry

19th out of 24 stocks


EDU stock logo

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

New 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.

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EDU Stock News Headlines

New Oriental Education & Technology Group Inc. (EDU)
This Tech Stock Could be the Next Amazon
You can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. pixel
This Tech Stock Could be the Next Amazon
You can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. pixel
EDU New Oriental Education & Technology Group Inc.
New Oriental: Fiscal Q2 Earnings Snapshot
7 Chinese Stocks Set to Soar From 52-Week Lows
New Oriental Emerges From Carnage Of Education Cleanup
See More Headlines
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EDU Company Calendar

Last Earnings
1/17/2023
Today
4/02/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
5/31/2023

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Employees
53,071
Year Founded
1969

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-1,187,720,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.11 billion
Book Value
$22.35 per share

Miscellaneous

Free Float
143,394,000
Market Cap
$6.55 billion
Optionable
Optionable
Beta
0.61

Social Links


Key Executives

  • Cheng Gang Zhou
    Chief Executive Officer & Director
  • Zhi Hui Yang
    Chief Financial Officer & Executive President
  • Dong Cao
    Manager-Senior Auditing
  • Qingrong He
    Director-Public Relations & Marketing
  • Si Si Zhao
    Director-Investor Relations













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?
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