NYSE:EDU

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

$80.06
+2.98 (+3.87%)
(As of 01:39 PM ET)
Today's Range
$77.52
$80.71
50-Day Range
$77.32
$96.30
52-Week Range
$35.70
$98.20
Volume
3.42 million shs
Average Volume
1.78 million shs
Market Capitalization
$13.59 billion
P/E Ratio
43.99
Dividend Yield
N/A
Price Target
$77.33

New Oriental Education & Technology Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.6% Downside
$77.33 Price Target
Short Interest
Healthy
2.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.90mentions of New Oriental Education & Technology Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
57.43%
From $2.02 to $3.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.54 out of 5 stars

Consumer Discretionary Sector

183rd out of 270 stocks

Educational Services Industry

17th out of 21 stocks

EDU stock logo

About New Oriental Education & Technology Group Stock (NYSE:EDU)

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.

EDU Stock Price History

EDU Stock News Headlines

New Oriental: Fiscal Q3 Earnings Snapshot
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
New Oriental Education & Technology Q3 Net Income Rises
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
EDU Mar 2024 97.000 put
EDU Apr 2024 93.000 call
EDU Mar 2024 101.000 call
11 Best Education Stocks To Buy In 2024
NEW ORIENTAL ED & TECHNOLOGY GP (NWOEF)
EDU Feb 2024 92.000 put
16 Easiest Countries to Immigrate to Without a Degree
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Today
4/25/2024
Fiscal Year End
5/31/2024
Next Earnings (Estimated)
7/24/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Employees
55,506
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$77.33
High Stock Price Target
$95.00
Low Stock Price Target
$66.00
Potential Upside/Downside
-3.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$177.34 million
Pretax Margin
13.40%

Debt

Sales & Book Value

Annual Sales
$3.00 billion
Cash Flow
$1.59 per share
Book Value
$22.48 per share

Miscellaneous

Free Float
143,394,000
Market Cap
$13.62 billion
Optionable
Optionable
Beta
0.49

Social Links

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Key Executives

  • Mr. Minhong Yu (Age 61)
    Founder & Executive Chairman
  • Mr. Chenggang Zhou (Age 62)
    CEO & Director
  • Mr. Zhihui Yang (Age 50)
    Executive President & CFO
  • Ms. Sisi Zhao
    Investor Relations Director
  • Mr. Tung-Jung Hsieh (Age 60)
    Senior Adviser & Director
  • Mr. Zheng Zhao
    General Manager & Managing Partner, New Oriental Education Culture Industry Fund

EDU Stock Analysis - Frequently Asked Questions

Should I buy or sell New Oriental Education & Technology Group stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Technology Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EDU shares.
View EDU analyst ratings
or view top-rated stocks.

What is New Oriental Education & Technology Group's stock price target for 2024?

2 brokerages have issued 1-year price objectives for New Oriental Education & Technology Group's stock. Their EDU share price targets range from $66.00 to $95.00. On average, they anticipate the company's share price to reach $77.33 in the next year. This suggests that the stock has a possible downside of 3.6%.
View analysts price targets for EDU
or view top-rated stocks among Wall Street analysts.

How have EDU shares performed in 2024?

New Oriental Education & Technology Group's stock was trading at $73.28 at the beginning of 2024. Since then, EDU stock has increased by 9.5% and is now trading at $80.26.
View the best growth stocks for 2024 here
.

Are investors shorting New Oriental Education & Technology Group?

New Oriental Education & Technology Group saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 4,580,000 shares, an increase of 7.0% from the March 31st total of 4,280,000 shares. Based on an average daily trading volume, of 1,760,000 shares, the short-interest ratio is presently 2.6 days. Approximately 2.8% of the shares of the company are short sold.
View New Oriental Education & Technology Group's Short Interest
.

When is New Oriental Education & Technology Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our EDU earnings forecast
.

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

New Oriental Education & Technology Group Inc. (NYSE:EDU) issued its earnings results on Wednesday, January, 24th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.23. The company earned $869.60 million during the quarter, compared to the consensus estimate of $814.01 million. New Oriental Education & Technology Group had a net margin of 8.54% and a trailing twelve-month return on equity of 7.97%. The business's revenue was up 36.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.01 earnings per share.

What ETFs hold New Oriental Education & Technology Group's stock?

ETFs with the largest weight of New Oriental Education & Technology Group (NYSE:EDU) stock in their portfolio include Global X Education ETF (EDUT), AdvisorShares Dorsey Wright ADR ETF (AADR) and Invesco Golden Dragon China ETF (PGJ).First Trust International IPO ETF (FPXI).

When did New Oriental Education & Technology Group's stock split?

New Oriental Education & Technology Group shares reverse split before market open on 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 closing bell 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.

How will New Oriental Education & Technology Group's stock buyback program work?

New Oriental Education & Technology Group announced that its board has authorized a share repurchase program on Wednesday, July 27th 2022, which permits the company to repurchase $0.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its shares are undervalued.

What guidance has New Oriental Education & Technology Group issued on next quarter's earnings?

New Oriental Education & Technology Group updated its fourth quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

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

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

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

New Oriental Education & Technology Group's stock is owned by many different institutional and retail investors. Top institutional investors include Matthews International Capital Management LLC (0.06%), Norden Group LLC (0.01%), Claro Advisors LLC (0.00%), E Fund Management Hong Kong Co. Ltd. (0.00%) and Banque Cantonale Vaudoise (0.00%).

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.

This page (NYSE:EDU) was last updated on 4/25/2024 by MarketBeat.com Staff

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