Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) closed the day trading at $86.89 up 2.77% from the previous closing price of $84.55. In other words, the price has increased by $2.77 from its previous closing price. On the day, 0.92 million shares were traded. EDU stock price reached its highest trading level at $87.74 during the session, while it also had its lowest trading level at $85.06.
Ratios:
For a better understanding of EDU, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.09.
On November 07, 2023, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $81.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EDU now has a Market Capitalization of 14381337600 and an Enterprise Value of 140139347968. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.42, and their Forward P/E ratio for the next fiscal year is 23.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 163.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.01 while its Price-to-Book (P/B) ratio in mrq is 3.76. Its current Enterprise Value per Revenue stands at 39.098 whereas that against EBITDA is 327.542.
Stock Price History:
Over the past 52 weeks, EDU has reached a high of $98.20, while it has fallen to a 52-week low of $35.70. The 50-Day Moving Average of the stock is -2.97%, while the 200-Day Moving Average is calculated to be 24.37%.
Shares Statistics:
Over the past 3-months, EDU traded about 1.65M shares per day on average, while over the past 10 days, EDU traded about 1467240 shares per day. A total of 165.51M shares are outstanding, with a floating share count of 165.46M. Insiders hold about 0.03% of the company’s shares, while institutions hold 40.49% stake in the company. Shares short for EDU as of 1711584000 were 4279471 with a Short Ratio of 2.59, compared to 1709164800 on 5279111.
Earnings Estimates
At present, Consolidated Edison, Inc. analysts are actively evaluating the performance of New Oriental Education & Technology Group Inc. ADR (EDU) in the stock market.The consensus estimate for the next quarter is $15.03, with high estimates of $69.61 and low estimates of $11.65.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
