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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Major Financial Crisis Could Hit America (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Major Financial Crisis Could Hit America (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Major Financial Crisis Could Hit America (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Major Financial Crisis Could Hit America (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Major Financial Crisis Could Hit America (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Major Financial Crisis Could Hit America (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
NYSE:EDU

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

$42.76
+1.48 (+3.59%)
(As of 06/2/2023 ET)
Compare
Today's Range
$41.63
$42.80
50-Day Range
$36.00
$45.59
52-Week Range
$12.77
$46.74
Volume
1.56 million shs
Average Volume
1.86 million shs
Market Capitalization
$7.26 billion
P/E Ratio
57.01
Dividend Yield
N/A
Price Target
$36.60

New Oriental Education & Technology Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.4% Downside
$36.60 Price Target
Short Interest
Healthy
3.00% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.86mentions of New Oriental Education & Technology Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.09%
From $1.10 to $1.42 Per Share

Overall MarketRank

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

1.97 out of 5 stars

Consumer Discretionary Sector

185th out of 269 stocks

Educational Services Industry

15th 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

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New School Day Dawns For New Oriental
New Oriental Education & Technology Group Inc ADR
See More Headlines

EDU Price History

EDU Company Calendar

Last Earnings
1/17/2023
Today
6/03/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
5/31/2024

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
-14.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 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
$7.26 billion
Optionable
Optionable
Beta
0.60

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?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Technology Group in the last twelve months. There are currently 5 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?

5 analysts have issued 1-year 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 year. This suggests that the stock has a possible downside of 14.4%.
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 stock has increased by 22.8% and is now trading at $42.76.
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 during the month of May. As of May 15th, there was short interest totaling 5,000,000 shares, an increase of 9.6% from the April 30th total of 4,560,000 shares. Based on an average daily volume of 1,880,000 shares, the short-interest ratio is presently 2.7 days. Currently, 3.0% of the company's shares 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, July 26th 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 quarterly earnings data on Tuesday, January, 17th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.12. The firm had revenue of $638.20 million for the quarter, compared to analysts' expectations of $614.16 million. New Oriental Education & Technology Group had a negative net margin of 1.54% and a negative trailing twelve-month return on equity of 1.21%. The firm's revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.00 earnings per share.

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

Shares of New Oriental Education & Technology Group reverse split on the morning of 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 declared that its board has authorized a stock buyback program on Wednesday, July 27th 2022, which permits the company to repurchase $0.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

What guidance has New Oriental Education & Technology Group issued on next quarter's earnings?

New Oriental Education & Technology Group updated its fourth quarter 2023 earnings guidance on Wednesday, April, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $801.80 million-$822.70 million, compared to the consensus revenue estimate of $661.67 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 investors include Baupost Group LLC MA (3.19%), FMR LLC (2.14%), Renaissance Technologies LLC (2.00%), FengHe Fund Management Pte. Ltd. (1.66%), Bank of America Corp DE (1.65%) and Keystone Investors PTE Ltd. (0.86%).

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 $42.76.

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

New Oriental Education & Technology Group (NYSE:EDU) has a market capitalization of $7.26 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 $0.75 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 6/4/2023 by MarketBeat.com Staff

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