NYSE:EDU New Oriental Education & Technology Group (EDU) Stock Forecast, Price & News $42.76 +1.48 (+3.59%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$41.63▼$42.8050-Day Range$36.00▼$45.5952-Week Range$12.77▼$46.74Volume1.56 million shsAverage Volume1.86 million shsMarket Capitalization$7.26 billionP/E Ratio57.01Dividend YieldN/APrice Target$36.60 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New Oriental Education & Technology Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.4% Downside$36.60 Price TargetShort InterestHealthy3.00% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.86Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth29.09%From $1.10 to $1.42 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.1.97 out of 5 starsConsumer Discretionary Sector185th out of 269 stocksEducational Services Industry15th 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 5 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 14.4% from its current price of $42.76.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 Shorted3.00% 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 2.7, 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 9.65%, 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 2.7 News and Social Media Coverage News SentimentNew Oriental Education & Technology Group has a news sentiment score of 0.86. 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 higher news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for New Oriental Education & Technology Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for EDU on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added New Oriental Education & Technology Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for New Oriental Education & Technology Group are expected to grow by 29.09% in the coming year, from $1.10 to $1.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Oriental Education & Technology Group is 57.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.92.Price to Earnings Ratio vs. SectorThe P/E ratio of New Oriental Education & Technology Group is 57.01, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.81.Price to Book Value per Share RatioNew Oriental Education & Technology Group has a P/B Ratio of 1.91. 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 HeadlinesJune 3, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Shares Gap Up to $37.67June 2, 2023 | finance.yahoo.comNew Oriental (EDU) Is a Great Choice for 'Trend' Investors, Here's WhyJune 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 24, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Shares Gap Up to $37.66May 14, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Raised to "Buy" at StockNews.comMay 8, 2023 | americanbankingnews.comBrokerages Set New Oriental Education & Technology Group Inc. (NYSE:EDU) Target Price at $36.60May 5, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Stock Rating Lowered by StockNews.comApril 28, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Sets New 12-Month High at $46.74June 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.April 26, 2023 | benzinga.comNew School Day Dawns For New OrientalApril 23, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Upgraded at StockNews.comApril 23, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Lifted to "Buy" at StockNews.comApril 22, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Shares Up 5.5%April 21, 2023 | finance.yahoo.comNew Oriental Education & Technology Group Inc.: New Oriental Earnings: Beats Expectations; Raise Fair Value on Better OutlookApril 21, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Sees Unusually-High Trading VolumeApril 20, 2023 | finance.yahoo.comNew Oriental Education & Technology Group Inc.: New Oriental Earnings: Fiscal Q3 Beats Expectations; Raise Fair Value on Better OutlookApril 19, 2023 | finance.yahoo.comWhy New Oriental Education Stock Blasted 9% Higher TodayApril 19, 2023 | seekingalpha.comNew Oriental Education & Technology Group Inc. (EDU) Q3 2023 Earnings Call TranscriptApril 19, 2023 | msn.comWhy New Oriental Education Shares Are Surging TodayApril 19, 2023 | msn.comNew Oriental Education stock surges on earnings beatApril 19, 2023 | finance.yahoo.comNew Oriental Announces Results for the Third Fiscal Quarter Ended February 28, 2023April 19, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) Shares Gap Up to $37.62April 18, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (EDU) to Release Earnings on WednesdayApril 17, 2023 | americanbankingnews.comNew Oriental Education & Technology Group (NYSE:EDU) and EVCI Career Colleges (OTCMKTS:EVCI) Head-To-Head ContrastApril 13, 2023 | americanbankingnews.comAnalysts Set New Oriental Education & Technology Group Inc. (NYSE:EDU) Target Price at $36.60April 12, 2023 | morningstar.comNew Oriental Education & Technology Group Inc ADRApril 10, 2023 | finance.yahoo.com13 Best Emerging Market Stocks to Buy According to Hedge FundsSee More Headlines EDU Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EDU Company Calendar Last Earnings1/17/2023Today6/03/2023Next Earnings (Estimated)7/26/2023Fiscal Year End5/31/2024Get 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-14.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.75 Trailing P/E Ratio57.01 Forward P/E Ratio38.87 P/E GrowthN/ANet Income$-1,187,720,000.00 Net Margins-1.54% Pretax MarginN/A Return on Equity-1.21% Return on Assets-0.76% Debt Debt-to-Equity RatioN/A Current Ratio2.41 Quick Ratio2.37 Sales & Book Value Annual Sales$3.11 billion Price / Sales2.34 Cash FlowN/A Price / Cash FlowN/A Book Value$22.35 per share Price / Book1.91Miscellaneous Outstanding Shares169,700,000Free Float143,394,000Market Cap$7.26 billion OptionableOptionable Beta0.60 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 CompetitorsGrand Canyon EducationNASDAQ:LOPEGrahamNYSE:GHCStrategic EducationNASDAQ:STRALaureate EducationNASDAQ:LAURAdtalem Global EducationNYSE:ATGEView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCSold 7,473 shares on 6/1/2023Ownership: 0.117%Ameriprise Financial Inc.Sold 2,054 shares on 5/22/2023Ownership: 0.009%JPMorgan Chase & Co.Bought 15,460 shares on 5/18/2023Ownership: 0.035%Sunbelt Securities Inc.Bought 1,170 shares on 5/17/2023Ownership: 0.001%Geode Capital Management LLCBought 942 shares on 5/16/2023Ownership: 0.013%View All Institutional Transactions 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? ETFs with the largest weight of New Oriental Education & Technology Group (NYSE:EDU) stock in their portfolio include Global X Education ETF (EDUT), AdvisorShares Dorsey Wright ADR ETF (AADR), Invesco Golden Dragon China ETF (PGJ), Jacob Forward ETF (JFWD), First Trust International IPO ETF (FPXI), Goldman Sachs Innovate Equity ETF (GINN), Avantis Emerging Markets Value ETF (AVES) and Avantis Emerging Markets Equity ETF (AVEM). 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. 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