Currently, there are 163.53M common shares owned by the public and among those 158.71M shares have been available to trade.
The company’s stock has a 5-day price change of 12.61% and -11.01% over the past three months. EDU shares are trading -15.00% year to date (YTD), with the 12-month market performance down to -36.47% lower. It has a 12-month low price of $44.46 and touched a high of $97.23 over the same period. EDU has an average intraday trading volume of 1.83 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.82%, -5.17%, and -18.88% respectively.
Institutional ownership of New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) shares accounts for 42.41% of the company’s 163.53M shares outstanding.
It has a market capitalization of $8.92B and a beta (3y monthly) value of 0.47. The stock’s trailing 12-month PE ratio is 23.14, while the earnings-per-share (ttm) stands at $2.36. The company has a PEG of 0.86 and a Quick Ratio of 1.68 with the debt-to-equity ratio at 0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.47% over the week and 4.29% over the month.
Earnings per share for the fiscal year are expected to increase by 26.15%, and 27.56% over the next financial year. EPS should grow at an annualized rate of 26.80% over the next five years, compared to 4.20% over the past 5-year period.
Looking at the support for the EDU, a number of firms have released research notes about the stock. Citigroup stated their Neutral rating for the stock in a research note on January 24, 2025, with the firm’s price target at $50. Morgan Stanley coverage for the New Oriental Education & Technology Group Inc. ADR (EDU) stock in a research note released on January 22, 2025 offered a Equal-Weight rating with a price target of $52. Macquarie was of a view on January 22, 2025 that the stock is Underperform, while JP Morgan gave the stock Neutral rating on January 22, 2025, issuing a price target of $85- $50. HSBC Securities on their part issued Buy rating on May 29, 2024.
