New Oriental Education & Technology Group Inc. ADR (EDU) concluded trading on Thursady at a closing price of $89.95, with 1.17 million shares of worth about $104.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 71.07% during that period and on Thursady the price saw a gain of about 1.97%. Currently the company’s common shares owned by public are about 165.51M shares, out of which, 165.46M shares are available for trading.
Stock saw a price change of -1.39% in past 5 days and over the past one month there was a price change of 24.95%. Year-to-date (YTD), EDU shares are showing a performance of 22.75% which increased to 124.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $33.98 but also hit the highest price of $93.29 during that period. The average intraday trading volume for New Oriental Education & Technology Group Inc. ADR shares is 1.94 million. The stock is currently trading 7.58% above its 20-day simple moving average (SMA20), while that difference is up 14.85% for SMA50 and it goes to 49.90% higher than SMA200.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) currently have 165.51M outstanding shares and institutions hold larger chunk of about 41.37% of that.
The stock has a current market capitalization of $14.89B and its 3Y-monthly beta is at 0.47. PE ratio of stock for trailing 12 months is 49.09, while it has posted earnings per share of $1.83 in the same period. Its PEG reads 169.28 and has Quick Ratio of 1.84 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EDU, volatility over the week remained 3.33% while standing at 4.24% over the month.
Analysts are in expectations that New Oriental Education & Technology Group Inc. ADR (EDU) stock would likely to be making an EPS of $0.78 in the current quarter, while forecast for next quarter EPS is $0.64 and it is $3.98 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.72 which is $0.84 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.06 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 79.97% while it is estimated to increase by 37.23% in next year. EPS is likely to grow at an annualized rate of 0.29% for next 5-years, compared to annual growth of -11.25% made by the stock over the past 5-years.
Coverage by Morgan Stanley stated New Oriental Education & Technology Group Inc. ADR (EDU) stock as an Overweight in their note to investors on November 07, 2023, suggesting a price target of $81 for the stock. Stock get a Buy rating from BofA Securities on July 29, 2022.
