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New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) closed the day trading at $58.79 down -1.49% from the previous closing price of $59.68. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 0.83 million shares were traded. EDU stock price reached its highest trading level at $60.03 during the session, while it also had its lowest trading level at $58.65.
Ratios:
For a better understanding of EDU, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.12.
On November 07, 2023, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $81.Morgan Stanley initiated its Overweight rating on November 07, 2023, with a $81 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when Hsieh Louis bought 21,363 shares for $61.87 per share.
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 9701996544 and an Enterprise Value of 93098934272. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.10, and their Forward P/E ratio for the next fiscal year is 14.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 20.026 whereas that against EBITDA is 171.991.
Stock Price History:
The Beta on a monthly basis for EDU is 0.45, which has changed by -0.19438446 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, EDU has reached a high of $97.23, while it has fallen to a 52-week low of $54.00. The 50-Day Moving Average of the stock is -3.19%, while the 200-Day Moving Average is calculated to be -16.53%.
Shares Statistics:
Over the past 3-months, EDU traded about 1.55M shares per day on average, while over the past 10 days, EDU traded about 1315090 shares per day. A total of 165.51M shares are outstanding, with a floating share count of 158.65M. Insiders hold about 2.99% of the company’s shares, while institutions hold 43.15% stake in the company. Shares short for EDU as of 1735603200 were 8424172 with a Short Ratio of 5.45, compared to 1732838400 on 5689798. Therefore, it implies a Short% of Shares Outstanding of 8424172 and a Short% of Float of 6.0399998.
Dividends & Splits
The current Payout Ratio is 0.00% for EDU, which recently paid a dividend on 2024-09-09 with an ex-dividend date of 1725840000. Stock splits for the company last occurred on 2022-04-08 when the company split stock in a 1:10 ratio.
