In the latest session, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) closed at $90.47 down -4.90% from its previous closing price of $95.13. In other words, the price has decreased by -$4.66 from its previous closing price. On the day, 2243316 shares were traded.
Ratios:
For a deeper understanding of New Oriental Education & Technology Group Inc. ADR’s stock, let’s take a closer look at its various 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 15.52B and an Enterprise Value of 11.58B. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.38, and their Forward P/E ratio for the next fiscal year is 24.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 170.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 3.23 whereas that against EBITDA is 25.16.
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 $33.98. The 50-Day Moving Average of the stock is 81.57, while the 200-Day Moving Average is calculated to be 62.71.
Shares Statistics:
For the past three months, EDU has traded an average of 1.93M shares per day and 1.55M over the past ten days. 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 40.50% stake in the company. Shares short for EDU as of Feb 15, 2024 were 5.24M with a Short Ratio of 2.72, compared to 4.73M on Jan 12, 2024.
Dividends & Splits
The current Payout Ratio is 0.00% for EDU, which recently paid a dividend on Oct 06, 2017 with an ex-dividend date of Sep 01, 2017. Stock splits for the company last occurred on Mar 12, 2021 when the company split stock in a 10:1 ratio.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.78 for the current quarter, with a high estimate of $0.84 and a low estimate of $0.72, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.64, with high estimates of $0.68 and low estimates of $0.59.
Analysts are recommending an EPS of between $3.21 and $2.57 for the fiscal current year, implying an average EPS of $2.94. EPS for the following year is $3.99, with 14 analysts recommending between $4.4 and $3.52.
Revenue Estimates
A total of 17 analysts have provided revenue estimates for EDU’s current fiscal year. The highest revenue estimate was $4.22B, while the lowest revenue estimate was $4B, resulting in an average revenue estimate of $4.12B. In the same quarter a year ago, actual revenue was $3B, up 37.50% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $5.05B in the next fiscal year. The high estimate is $5.34B and the low estimate is $4.69B. The average revenue growth estimate for next year is up 22.60% from the average revenue estimate for this year.
