New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) has a beta value of 0.24 and has seen 0.94 million shares traded in the recent trading session. The company, currently valued at $8.86B, closed the recent trade at $54.16 per share which meant it gained $5.11 on the day or 10.42%% during that session. The EDU stock price is -61.12% off its 52-week high price of $87.26 and 24.93% above the 52-week low of $40.66. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.78 million shares traded. The 3-month trading volume is 1.19 million shares.
The consensus among analysts is that New Oriental Education & Technology Group Inc. ADR (EDU) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight.
New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) trade information
Sporting 10.42%% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EDU stock price touched $54.16 or saw a rise of 0.37%. Year-to-date, New Oriental Education & Technology Group Inc. ADR shares have moved -24.01%, while the 5-day performance has seen it change 13.45%. Over the past 30 days, the shares of New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) have changed 15.33%. Short interest in the company has seen 6.47 million shares shorted with days to cover at 8.64.
Wall Street analysts have a consensus price target for the stock at $59.8, which means that the shares’ value could jump 9.43% from the levels at last check today.. The projected low price target is $32.0 while the price target rests at a high of $119.5. In that case, then, we find that the latest price level in today’s session is -120.64% off the targeted high while a plunge would see the stock lose 40.92% from the levels at last check today..
New Oriental Education & Technology Group Inc. ADR (EDU) estimates and forecasts
The company’s shares have lost -7.91% over the past 6 months.
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 4.20% over the past 5 years. Earnings growth for 2025 is a modest 20.23% while over the next 5 years, the company’s earnings are expected to increase by 21.89%.
EDU Dividends
New Oriental Education & Technology Group Inc. ADR is expected to release its next earnings report on 2025-Apr-23 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
New Oriental Education & Technology Group Inc. ADR (NYSE:EDU)’s Major holders
Insiders own 2.09% of the company shares, while shares held by institutions stand at 44.67% with a share float percentage of 45.62%. Investors are also buoyed by the number of investors in a company, with New Oriental Education & Technology Group Inc. ADR having a total of 260.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 6.47 million shares worth more than $502.64 million. As of 2024-06-30, MORGAN STANLEY held 3.9106% of shares outstanding.
The other major institutional holder is BANK OF AMERICA CORP /DE/, with the holding of over 3.97 million shares as of 2024-06-30. The firm’s total holdings are worth over $308.3 million and represent 2.3986% of shares outstanding.
