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NYSE:EDU

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

$28.27
-0.47 (-1.64%)
(As of 12/1/2022 10:58 AM ET)
Add
Compare
Today's Range
$27.34
▼
$28.59
50-Day Range
$19.14
▼
$29.08
52-Week Range
$8.40
▼
$29.89
Volume
20,292 shs
Average Volume
2.14 million shs
Market Capitalization
$4.80 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
30.7% Upside
$36.60 Price Target
Short Interest
Healthy
4.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
79.17%
From $0.48 to $0.86 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.59 out of 5 stars

Consumer Discretionary Sector

60th out of 274 stocks

Educational Services Industry

4th out of 22 stocks

See Top Rated MarketRank™ Stocks Here
EDU stock logo

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

New 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.

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EDU Stock News Headlines

December 1, 2022 | americanbankingnews.com
New Oriental Education & Technology Group (NYSE:EDU) Stock Price Up 8.2%
November 8, 2022 | finance.yahoo.com
7 Chinese Stocks Set to Soar From 52-Week Lows
November 8, 2022 | finance.yahoo.com
New Oriental Education & Technology Group First Quarter 2023 Earnings: Beats Expectations
October 27, 2022 | finance.yahoo.com
New Oriental Education & Technology Group Inc.: New Oriental's First-Quarter Results Beat Expectations; Fair Value Estimate Raised to USD 32.50
October 27, 2022 | seekingalpha.com
New Oriental Emerges From Carnage Of Education Cleanup
October 26, 2022 | msn.com
Why New Oriental Education & Technology Group Stock Is Popping Off
October 26, 2022 | seekingalpha.com
New Oriental Education & Technology Group Inc. (EDU) Q1 2023 Earnings Call Transcript
October 26, 2022 | nasdaq.com
New Oriental Education & Technology Group Q1 Profit Climbs
October 26, 2022 | finance.yahoo.com
New Oriental Announces Results for the First Fiscal Quarter Ended August 31, 2022
October 25, 2022 | seekingalpha.com
New Oriental Education: Shares Holding Support After China Markets Plunge. Earnings On Tap
October 25, 2022 | finance.yahoo.com
Why Shares of JD.Com, RLX Technology, and New Oriental Education & Technology Group Are Rising Today
October 24, 2022 | msn.com
Why New Oriental Education And TAL Education Stock Are Extremely Volatile Today
October 14, 2022 | finance.yahoo.com
New Oriental to Hold Annual General Meeting on November 18, 2022
October 13, 2022 | finance.yahoo.com
Is New Oriental Education & Technology Group (EDU) Stock Outpacing Its Consumer Discretionary Peers This Year?
October 10, 2022 | seekingalpha.com
New Oriental Technology stock slides amid SEC scrutiny
October 10, 2022 | finance.yahoo.com
New Oriental Provides Update on Status under Holding Foreign Companies Accountable Act
October 10, 2022 | finance.yahoo.com
New Oriental Education stock drops after being named as identified issuer under the HFCAA
September 30, 2022 | finance.yahoo.com
New Oriental to Report First Quarter 2023 Financial Results on October 26, 2022
September 27, 2022 | finance.yahoo.com
Top 10 Stock Picks of Himanshu Shah’s Shah Capital
September 23, 2022 | finance.yahoo.com
American Public (APEI) Provides 2H'22 & Full Year Guidance
September 13, 2022 | finance.yahoo.com
Top 5 Stock Picks of Yi Xin’s Ariose Capital
September 9, 2022 | nasdaq.com
Interesting EDU Put And Call Options For October 28th
September 7, 2022 | finance.yahoo.com
Is BJ's Wholesale Club (BJ) Stock Outpacing Its Consumer Discretionary Peers This Year?
September 7, 2022 | finance.yahoo.com
Wall Street Analysts Predict a 36% Upside in New Oriental (EDU): Here's What You Should Know
August 23, 2022 | finance.yahoo.com
New Oriental Education & Technology Group Inc.: We Raise New Oriental's Fair Value Estimate to USD 31.50 After a Fresh Look
See More Headlines
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EDU Company Calendar

Last Earnings
10/26/2022
Today
12/01/2022
Next Earnings (Estimated)
2/20/2023
Fiscal Year End
5/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Educational services
Sub-Industry
N/A
Sector
Consumer Discretionary
Current Symbol
NYSE:EDU
CUSIP
N/A
CIK
1372920
Web
www.neworiental.org
Phone
861060908000
Fax
86-10-6260-5511
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
+29.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
2.59
Quick Ratio
2.57

Sales & Book Value

Annual Sales
$3.11 billion
Price / Sales
1.55
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$22.35 per share
Price / Book
1.26

Miscellaneous

Outstanding Shares
169,940,000
Free Float
143,598,000
Market Cap
$4.80 billion
Optionable
Optionable
Beta
0.56

Social Links


Key Executives

  • Mr. Minhong Yu (Age 59)
    Founder & Exec. Chairman
  • Mr. Chenggang Zhou (Age 60)
    CEO & Director
  • Mr. Zhihui Yang (Age 48)
    Exec. Pres & CFO
  • Ms. Sisi Zhao
    Investor Relations Director
  • Mr. Tung-Jung Hsieh (Age 58)
    Sr. Adviser & Director
  • Mr. Qiang Wu (Age 49)
    Head of The Beijing School
  • Mr. Zheng Zhao
    Gen. Mang. & Managing Partner, New Oriental Education Culture Industry Fund

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













EDU Stock - Frequently Asked Questions

Should I buy or sell New Oriental Education & Technology Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Technology Group in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street 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?

7 Wall Street research analysts have issued 12 month price targets for New Oriental Education & Technology Group's stock. Their EDU share price forecasts range from $36.60 to $36.60. On average, they anticipate the company's stock price to reach $36.60 in the next twelve months. This suggests a possible upside of 27.3% 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 2022?

New Oriental Education & Technology Group's stock was trading at $21.00 at the beginning of the year. Since then, EDU shares have increased by 36.9% and is now trading at $28.74.
View the best growth stocks for 2022 here.

Are investors shorting New Oriental Education & Technology Group?

New Oriental Education & Technology Group saw a drop in short interest in November. As of November 15th, there was short interest totaling 7,280,000 shares, a drop of 12.8% from the October 31st total of 8,350,000 shares. Based on an average daily volume of 2,130,000 shares, the days-to-cover ratio is currently 3.4 days. Currently, 4.5% 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 Monday, February 20th 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) posted its earnings results on Wednesday, October, 26th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.31 by $0.17. The firm had revenue of $744.80 million for the quarter, compared to the consensus estimate of $689.08 million. The company's revenue was down 43.1% compared to the same quarter last year.

When did New Oriental Education & Technology Group's stock split?

New Oriental Education & Technology Group's stock reverse split before market open 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 closing bell 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 announced that its Board of Directors has initiated a share buyback program on Wednesday, July 27th 2022, which permits the company to buyback $0.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are 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 second quarter 2023 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $601.40 million-$619.20 million, compared to the consensus revenue estimate of $576.57 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 a variety of institutional and retail investors. Top institutional shareholders include Baupost Group LLC MA (4.52%), FengHe Fund Management Pte. Ltd. (3.65%), Vanguard Group Inc. (2.85%), Renaissance Technologies LLC (2.42%), Healthcare of Ontario Pension Plan Trust Fund (2.06%) and Group One Trading L.P. (0.00%).

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 $28.74.

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

New Oriental Education & Technology Group (NYSE:EDU) has a market capitalization of $4.88 billion and generates $3.11 billion in revenue each year.

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 12/1/2022 by MarketBeat.com Staff