New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) has a beta value of 0.50 and has seen 3.4 million shares traded in the last trading session. The company, currently valued at $12.76B, closed the last trade at $77.10 per share which meant it lost -$5.21 on the day or -6.33% during that session. The EDU stock price is -27.37% off its 52-week high price of $98.20 and 53.7% above the 52-week low of $35.70. The 3-month trading volume is 1.76 million shares.

New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) trade information

Sporting -6.33% in the red in last session, the stock has traded in the red over the last five days, when the EDU stock price touched $77.10 or saw a rise of 9.29%. Year-to-date, New Oriental Education & Technology Group Inc. ADR shares have moved 5.21%, while the 5-day performance has seen it change -13.94%. Over the past 30 days, the shares of New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) have changed -11.90%.

New Oriental Education & Technology Group Inc. ADR (EDU) estimates and forecasts

Figures show that New Oriental Education & Technology Group Inc. ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 19.55% over the past 6 months, with this year growth rate of 59.60%, compared to 20.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 18.90% and 37.20% for the next quarter. Revenue growth from the last financial year stood is estimated to be 41.70%.

6 analysts offering their estimates for the company have set an average revenue estimate of $1.14 billion for the current quarter. 3 have an estimated revenue figure of $1.43 billion for the next quarter concluding in Aug 2024. Year-ago sales stood $860.57 million and $1.1 billion respectively for this quarter and the next, and analysts expect sales will grow by 32.00% for the current quarter and 30.40% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -11.25% over the past 5 years. Earnings growth for 2024 is a modest 57.39% while over the next 5 years, the company’s earnings are expected to increase by 0.29%.

EDU Dividends

New Oriental Education & Technology Group Inc. ADR is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.