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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MUST WATCH: Unusual 3-second financial maneuver (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MUST WATCH: Unusual 3-second financial maneuver (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MUST WATCH: Unusual 3-second financial maneuver (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
NYSE:EDU

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

$25.25
+0.23 (+0.92%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$23.61
▼
$25.34
50-Day Range
$14.11
▼
$29.00
52-Week Range
$8.40
▼
$29.73
Volume
1.61 million shs
Average Volume
3.08 million shs
Market Capitalization
$4.28 billion
P/E Ratio
12.39
Dividend Yield
N/A
Price Target
$36.60

New Oriental Education & Technology Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
45.0% Upside
$36.60 Price Target
Short Interest
Healthy
5.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($5.80) to $0.03 Per Share

Overall MarketRank™

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

2.56 out of 5 stars

Consumer Discretionary Sector

83rd out of 289 stocks

Educational Services Industry

7th out of 27 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. It operates through K-12 AST, Test Preparation and Other Courses; Online Education; 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 enhance their exam scores, 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 with a focus on English; develops and edits educational materials for language training and test preparation; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting and overseas study tour services. As of May 31, 2021, it offered educational programs, services, and products to students through a network of 122 schools, 1,547 learning centers, and 11 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.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on EDU. CLSA upgraded New Oriental Education & Technology Group from an "underperform" rating to an "outperform" rating in a research report on Wednesday, April 27th. CICC Research upgraded New Oriental Education & Technology Group from a "market perform" rating to an "outperform" rating in a research report on Thursday, July 14th. StockNews.com upgraded New Oriental Education & Technology Group from a "sell" rating to a "hold" rating in a report on Monday, May 2nd. UBS Group upgraded New Oriental Education & Technology Group from a "neutral" rating to a "buy" rating in a report on Monday, June 6th. Finally, Bank of America upgraded New Oriental Education & Technology Group from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $18.80 to $36.60 in a report on Friday, July 29th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $36.60.

New Oriental Education & Technology Group Stock Performance

Shares of NYSE:EDU traded up $0.23 during trading hours on Friday, hitting $25.25. The company's stock had a trading volume of 1,614,105 shares, compared to its average volume of 3,079,794. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 12.39 and a beta of 0.54. New Oriental Education & Technology Group has a 12 month low of $8.40 and a 12 month high of $29.73. The business has a 50-day simple moving average of $22.14 and a 200-day simple moving average of $15.88.

New Oriental Education & Technology Group (NYSE:EDU - Get Rating) last posted its quarterly earnings data on Wednesday, July 27th. The company reported ($0.94) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.97). The business had revenue of $524.00 million during the quarter, compared to analyst estimates of $544.92 million. The company's revenue was down 56.7% compared to the same quarter last year. On average, equities research analysts forecast that New Oriental Education & Technology Group will post -5.8 EPS for the current year.

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EDU Stock News Headlines

August 3, 2022 | americanbankingnews.com
New Oriental Education & Technology Group Inc. (NYSE:EDU) Receives $36.60 Consensus PT from Brokerages
August 1, 2022 | americanbankingnews.com
New Oriental Education & Technology Group (NYSE:EDU) Raised to Buy at Bank of America
July 29, 2022 | seekingalpha.com
New Oriental Education: Optimistic About Overseas Expansion
July 28, 2022 | investing.com
New Oriental Education & Technology Group PT Raised to HK$30 at Citi
July 28, 2022 | americanbankingnews.com
New Oriental Education & Technology Group (NYSE:EDU) Shares Gap Up to $24.23
July 27, 2022 | seekingalpha.com
New Oriental Education & Technology surges 8% post Q2 results and authorizes $400M buyback
July 27, 2022 | apnews.com
New Oriental: Fiscal Q4 Earnings Snapshot
July 27, 2022 | markets.businessinsider.com
New Oriental Education & Technology Group Q4 Loss Widens
July 27, 2022 | finance.yahoo.com
New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2022 and Adoption of up to US$400 Million Share Repurchase Program
July 25, 2022 | finance.yahoo.com
Investors bet on redemption for China’s godfather of education
July 16, 2022 | nasdaq.com
New Oriental Education Stocks Continue To Advance
July 14, 2022 | seekingalpha.com
Hedgeye says go long New Oriental Education and short Koolearn in new pair trade recommendation
July 13, 2022 | finance.yahoo.com
Targeted by Beijing, One Chinese Tutoring Company Reinvents Itself With Live Streams Selling Groceries
July 12, 2022 | uk.investing.com
Why New Oriental Education And Technology Group Shares Are Diving Today
July 7, 2022 | finance.yahoo.com
Bob Xiaoping Xu-backed Serafund invests in Healthera
July 5, 2022 | finance.yahoo.com
New Oriental to Report Fourth Quarter 2022 Financial Results on July 27, 2022
July 4, 2022 | msn.com
Nasdaq Golden Dragon Index outperforms Nasdaq 100 in June marking its first two-month winning streak since February 2021
June 29, 2022 | msn.com
What Jack Ma’s increasing public appearances tell about China’s changing stance on businesses
June 24, 2022 | finance.yahoo.com
Top 10 Stock Picks of Randall Smith’s Alden Global
June 17, 2022 | seekingalpha.com
Citi bolsters bullish rating on New Oriental Education & Technology Group
June 17, 2022 | finance.yahoo.com
China Edutech Surge Lures Investors as US Melts Down
June 16, 2022 | fool.com
Why Shares of Alibaba, Nio, and New Oriental Education & Technology Group Are Falling Today
June 15, 2022 | finance.yahoo.com
China's New Oriental education giant finds new life in English live streaming
June 13, 2022 | seekingalpha.com
Why did New Oriental stock surge on Monday? An important upgrade
June 13, 2022 | seekingalpha.com
New Oriental Education breaks higher after JPMorgan upgrades, points to big upside
See More Headlines
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EDU Company Calendar

Last Earnings
7/27/2022
Today
8/13/2022
Next Earnings (Estimated)
9/23/2022
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
105,212
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
+45.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
12.39
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
2.62
Quick Ratio
2.60

Sales & Book Value

Annual Sales
$3.11 billion
Price / Sales
1.38
Cash Flow
$0.17 per share
Price / Cash Flow
144.68
Book Value
$22.35 per share
Price / Book
1.13

Miscellaneous

Outstanding Shares
169,700,000
Free Float
143,394,000
Market Cap
$4.28 billion
Optionable
Optionable
Beta
0.54

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?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Technology Group in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street 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 2022?

8 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 predict the company's share price to reach $36.60 in the next year. This suggests a possible upside of 45.0% 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 20.2% and is now trading at $25.25.
View the best growth stocks for 2022 here.

Are investors shorting New Oriental Education & Technology Group?

New Oriental Education & Technology Group saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 9,800,000 shares, a decline of 12.0% from the July 15th total of 11,140,000 shares. Based on an average daily volume of 5,010,000 shares, the short-interest ratio is presently 2.0 days. Approximately 5.7% 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 Friday, September 23rd 2022.
View our EDU earnings forecast.

How were New Oriental Education & Technology Group's earnings last quarter?

New Oriental Education & Technology Group Inc. (NYSE:EDU) released its quarterly earnings results on Wednesday, July, 27th. The company reported ($0.94) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.97. The company had revenue of $524 million for the quarter, compared to analysts' expectations of $544.92 million. New Oriental Education & Technology Group's revenue for the quarter was down 56.7% on a year-over-year basis.

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

New Oriental Education & Technology Group shares 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 stock buyback program on Wednesday, July 27th 2022, which permits the company to repurchase $0.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.

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

New Oriental Education & Technology Group updated its first quarter 2023 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $641.30 million-$680.60 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 many different retail and institutional investors. Top institutional shareholders include Baupost Group LLC MA (4.71%), Renaissance Technologies LLC (2.62%), Group One Trading L.P. (0.00%), Carmignac Gestion (2.11%), Shah Capital Management (1.77%) and Healthcare of Ontario Pension Plan Trust Fund (1.75%).

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 $25.25.

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

New Oriental Education & Technology Group (NYSE:EDU) has a market capitalization of $4.28 billion and generates $3.11 billion in revenue each year.

How many employees does New Oriental Education & Technology Group have?

The company employs 105,212 workers across the globe.

When was New Oriental Education & Technology Group founded?

New Oriental Education & Technology Group was founded in 1969.

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 8/13/2022 by MarketBeat.com Staff

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