Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) closed the day trading at $77.08 down -13.96% from the previous closing price of $89.59. In other words, the price has decreased by -$13.96 from its previous closing price. On the day, 11.11 million shares were traded. EDU stock price reached its highest trading level at $85.0 during the session, while it also had its lowest trading level at $72.465.
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 14785177600 and an Enterprise Value of 144608034816. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.07, and their Forward P/E ratio for the next fiscal year is 21.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 145.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.56 while its Price-to-Book (P/B) ratio in mrq is 3.33. Its current Enterprise Value per Revenue stands at 40.344 whereas that against EBITDA is 337.987.
Stock Price History:
The Beta on a monthly basis for EDU is 0.47, which has changed by 0.7298025 over the last 52 weeks, in comparison to a change of 0.22640884 over the same period for the S&P500. 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 -14.16%, while the 200-Day Moving Average is calculated to be 8.87%.
Shares Statistics:
Over the past 3-months, EDU traded about 1.60M shares per day on average, while over the past 10 days, EDU traded about 2301900 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 40.26% stake in the company. Shares short for EDU as of 1711584000 were 4279471 with a Short Ratio of 2.67, compared to 1709164800 on 5279111.
Dividends & Splits
The current Payout Ratio is 0.00% for EDU, which recently paid a dividend on 2017-09-01 with an ex-dividend date of 1504224000. Stock splits for the company last occurred on 2022-04-08 when the company split stock in a 1:10 ratio.
Earnings Estimates
Investors are keenly observing as 4.0 analysts analyze and rate the current performance of New Oriental Education & Technology Group Inc. ADR (EDU) in the stock market.On average, analysts expect EPS of $0.79 for the current quarter, with a high estimate of $0.86 and a low estimate of $0.74, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.62, with high estimates of $0.67 and low estimates of $0.54.
Analysts are recommending an EPS of between $3.21 and $2.57 for the fiscal current year, implying an average EPS of $2.93. EPS for the following year is $4.05, with 14.0 analysts recommending between $4.4 and $3.52.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $1.1B. There is a high estimate of $1.16B for the next quarter, whereas the lowest estimate is $1.07B.
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 $4.13B. In the same quarter a year ago, actual revenue was $3BBased on 17 analysts’ estimates, the company’s revenue will be $5.09B in the next fiscal year. The high estimate is $5.34B and the low estimate is $4.69B.
