New Oriental Education & Technology Group, Inc. (NYSE:EDU) Given Average Recommendation of “Hold” by Analysts

Shares of New Oriental Education & Technology Group, Inc. (NYSE:EDUGet Free Report) have received an average rating of “Hold” from the eleven ratings firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $59.5333.

Several research firms have weighed in on EDU. HSBC cut New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 30th. Citigroup dropped their target price on shares of New Oriental Education & Technology Group from $77.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, September 9th. The Goldman Sachs Group restated a “neutral” rating and set a $60.00 price target on shares of New Oriental Education & Technology Group in a report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of New Oriental Education & Technology Group in a research note on Thursday. Finally, Bank of America increased their price objective on shares of New Oriental Education & Technology Group from $56.20 to $58.20 and gave the company a “buy” rating in a research report on Monday, September 29th.

Get Our Latest Research Report on EDU

Institutional Trading of New Oriental Education & Technology Group

Several institutional investors have recently added to or reduced their stakes in EDU. TD Waterhouse Canada Inc. increased its holdings in shares of New Oriental Education & Technology Group by 2.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,108 shares of the company’s stock worth $485,000 after purchasing an additional 218 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in New Oriental Education & Technology Group by 2.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 12,922 shares of the company’s stock worth $686,000 after buying an additional 300 shares in the last quarter. KBC Group NV raised its position in New Oriental Education & Technology Group by 11.3% in the 2nd quarter. KBC Group NV now owns 4,474 shares of the company’s stock worth $241,000 after buying an additional 454 shares during the last quarter. Fox Run Management L.L.C. lifted its stake in New Oriental Education & Technology Group by 5.7% during the 3rd quarter. Fox Run Management L.L.C. now owns 10,548 shares of the company’s stock valued at $560,000 after acquiring an additional 573 shares during the period. Finally, Bessemer Group Inc. purchased a new stake in shares of New Oriental Education & Technology Group during the 2nd quarter valued at about $37,000.

New Oriental Education & Technology Group Price Performance

Shares of New Oriental Education & Technology Group stock opened at $52.36 on Tuesday. New Oriental Education & Technology Group has a one year low of $40.66 and a one year high of $68.53. The business’s 50 day simple moving average is $54.89 and its two-hundred day simple moving average is $50.69. The stock has a market capitalization of $8.98 billion, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 1.27 and a beta of 0.30.

New Oriental Education & Technology Group (NYSE:EDUGet Free Report) last announced its earnings results on Tuesday, October 28th. The company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.13). New Oriental Education & Technology Group had a net margin of 7.36% and a return on equity of 10.77%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm posted $1.60 EPS. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Sell-side analysts expect that New Oriental Education & Technology Group will post 2.75 earnings per share for the current fiscal year.

New Oriental Education & Technology Group Dividend Announcement

The company also recently declared a special dividend, which will be paid on Friday, December 5th. Investors of record on Tuesday, November 18th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, November 18th. New Oriental Education & Technology Group’s dividend payout ratio (DPR) is 25.55%.

About New Oriental Education & Technology Group

(Get Free Report)

New Oriental Education & Technology Group, Inc is a holding company, which engages in the provision of private educational services. It operates through the following segments: Educational Services and Test Preparation Courses, Private Label Products and Livestreaming E-Commerce, Overseas Study Consulting Services, and Educational Materials and Distribution.

Featured Articles

Analyst Recommendations for New Oriental Education & Technology Group (NYSE:EDU)

Receive News & Ratings for New Oriental Education & Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Oriental Education & Technology Group and related companies with MarketBeat.com's FREE daily email newsletter.