During the last session, New Oriental Education & Technology Group Inc. ADR (NYSE:EDU)’s traded shares were 0.75 million, with the beta value of the company hitting 0.26. At the end of the trading day, the stock’s price was $52.35, reflecting an intraday loss of -1.08% or -$0.57. The 52-week high for the EDU share is $87.26, that puts it down -66.69 from that peak though still a striking 22.33% gain since the share price plummeted to a 52-week low of $40.66. The company’s market capitalization is $8.56B, and the average intraday trading volume over the past 10 days was 0.84 million shares, and the average trade volume was 1.09 million shares over the past three months.
New Oriental Education & Technology Group Inc. ADR (EDU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.48. EDU has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.42.
New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) trade information
New Oriental Education & Technology Group Inc. ADR (EDU) registered a -1.08% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.08% in intraday trading to $52.35, hitting a weekly high. The stock’s 5-day price performance is 1.69%, and it has moved by 7.67% in 30 days. Based on these gigs, the overall price performance for the year is -18.43%. The short interest in New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) is 6.32 million shares and it means that shorts have 7.5 day(s) to cover.
The consensus price target of analysts on Wall Street is $59.8, which implies an increase of 12.46% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $32 and $119.5 respectively. As a result, EDU is trading at a discount of -128.27% off the target high and 38.87% off the low.
New Oriental Education & Technology Group Inc. ADR (EDU) estimates and forecasts
In the rating firms’ projections, revenue will increase 12.52% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.19B as predicted by 10 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 1.55B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.14B and 1.44B respectively. In this case, analysts expect current quarter sales to grow by 4.41% and then jump by 8.31% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.20%. While earnings are projected to return 20.51% in 2025, the next five years will return 22.28% per annum.
EDU Dividends
New Oriental Education & Technology Group Inc. ADR is due to release its next quarterly earnings on 2025-Apr-23. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
New Oriental Education & Technology Group Inc. ADR (NYSE:EDU)’s Major holders
New Oriental Education & Technology Group Inc. ADR insiders own 2.09% of total outstanding shares while institutional holders control 44.62%, with the float percentage being 45.57%. MORGAN STANLEY is the largest shareholder of the company, while 257.0 institutions own stock in it. As of 2024-06-30, the company held over 6.47 million shares (or 3.9106% of all shares), a total value of $502.64 million in shares.
The next largest institutional holding, with 3.97 million shares, is of BANK OF AMERICA CORP /DE/’s that is approximately 2.3986% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $308.3 million.
Also, the Mutual Funds coming in first place with the largest holdings of New Oriental Education & Technology Group Inc. ADR (EDU) shares are Delaware Group Global & Intl Fd.s-Macquarie Emerging Markets Fd. and ACAP Strategic Fund . Data provided on Feb 28, 2025 indicates that Delaware Group Global & Intl Fd.s-Macquarie Emerging Markets Fd. owns about 800.0 shares. This amounts to just over 0.47 percent of the company’s overall shares, with a $41.88 million market value. The same data shows that the other fund manager holds slightly less at 537.22, or about 0.32% of the stock, which is worth about $28.12 million.
