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

Company Overview

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 four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution. 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. In addition, it offers educational programs, services, and products to students through schools; learning centers; and 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.

Key Stats

• Today's Range: $62.27 to $63.96
• 50-Day Range: $59.17 to $77.51
• 52-Week Range: $53.44 to $98.20
• Volume: 1.65 million shs
• Average Volume: 1.81 million shs
• Market Capitalization: $10.64 billion
• P/E Ratio: 33.74
• Dividend Yield: N/A
• Price Target: $103.67
• Consensus Rating: Buy

New Oriental Education & Technology Group Stock Analysis - MarketRank™

New Oriental Education & Technology Group scored higher than 74% of companies evaluated by MarketBeat, and ranked 123rd out of 295 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

New Oriental Education & Technology Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

New Oriental Education & Technology Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 44.52%

Earnings Growth

Earnings for New Oriental Education & Technology Group are expected to grow by 44.52% in the coming year, from $2.83 to $4.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Oriental Education & Technology Group is 33.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Oriental Education & Technology Group is 33.74, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.29.

Price to Book Value per Share Ratio

New Oriental Education & Technology Group has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.49% of the float of New Oriental Education & Technology Group has been sold short.

Short Interest Ratio / Days to Cover

New Oriental Education & Technology Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in New Oriental Education & Technology Group has recently increased by 5.00%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

New Oriental Education & Technology Group does not currently pay a dividend.

Dividend Growth

New Oriental Education & Technology Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.49% of the float of New Oriental Education & Technology Group has been sold short.

Short Interest Ratio / Days to Cover

New Oriental Education & Technology Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in New Oriental Education & Technology Group has recently increased by 5.00%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.97

News Sentiment

New Oriental Education & Technology Group has a news sentiment score of 0.97. 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 0.55 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for New Oriental Education & Technology Group this week, compared to 4 articles on an average week.

Search Interest

Only 3 people have searched for EDU on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New Oriental Education & Technology Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.50% 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.

EDU Stock Analysis - Frequently Asked Questions

How have EDU shares performed this year?

New Oriental Education & Technology Group's stock was trading at $73.28 at the beginning of the year. Since then, EDU shares have decreased by 14.4% and is now trading at $62.75.
View the best growth stocks for 2024 here.

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

New Oriental Education & Technology Group Inc. (NYSE:EDU) announced its quarterly earnings data on Wednesday, July, 31st. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.19. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.14 billion. New Oriental Education & Technology Group had a net margin of 7.18% and a trailing twelve-month return on equity of 7.50%.

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 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.

Who are New Oriental Education & Technology Group's major shareholders?

Top institutional shareholders of New Oriental Education & Technology Group include Renaissance Technologies LLC (1.87%), WT Asset Management Ltd (1.02%), Healthcare of Ontario Pension Plan Trust Fund (0.87%) and Farallon Capital Management LLC (0.87%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of New Oriental Education & Technology Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Oriental Education & Technology Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Adobe (ADBE), Netflix (NFLX), Walt Disney (DIS) and Tesla (TSLA).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 9/23 Dividend: 9/09/2024
• Today: 9/20/2024
• Dividend Payable: 9/23/2024
• Next Earnings (Estimated): 10/23/2024
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Educational services
• Sub-Industry: N/A
• Current Symbol: NYSE:EDU
• CUSIP: N/A
• CIK: 1372920
• Web: www.neworiental.org
• Phone: 861060908000
• Fax: 86-10-6260-5511
• Employees: 55,506
• Year Founded: 1969

Price Target and Rating

• Average Stock Price Target: $103.67
• High Stock Price Target: $110.00
• Low Stock Price Target: $95.00
• Potential Upside/Downside: +62.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.86
• Trailing P/E Ratio: 34.35
• Forward P/E Ratio: 22.58
• P/E Growth: N/A
• Net Income: $309.59 million
• Net Margins: 7.18%
• Pretax Margin: 11.45%
• Return on Equity: 7.50%
• Return on Assets: 4.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.80
• Quick Ratio: 1.76

Sales & Book Value

• Annual Sales: $4.31 billion
• Price / Sales: 2.51
• Cash Flow: $6.96 per share
• Price / Cash Flow: 9.18
• Book Value: $23.86 per share
• Price / Book: 2.68

Miscellaneous

• Outstanding Shares: 169,697,000
• Free Float: 143,394,000
• Market Cap: $10.84 billion
• Optionable: Optionable
• Beta: 0.46