New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) currently has a daily average trading volume of 1.93M but it saw 1039049 shares traded in last market. With a market cap of 7.78B USD, the company’s current market price of $47.59 came rising about 0.59 while comparing to the previous closing price of $47.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $90.14 and as low as $44.46. In the recent trading on the day, stock has struck highest price mark of $46.95 while lowest mark touched by it was $48.56.
Taking a look at 20-day trading activity of New Oriental Education & Technology Group Inc. ADR (EDU) gives us an average price of $48.85, while its current price level is -47.21% below from 52-week high level whereas it is 7.04% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $49.89 while that of 200 days or SMA-200 reads an average of $62.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.09% during that period while stretching the period over a month that increases to 3.23%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.76 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 24, 2025 while assigning a price target of $50. Morgan Stanley also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $83 and $52.
Over the week, EDU’s stock price is moving -8.34% down while it is 0.63% when we observe its performance for the past one month. Year-to-date it is -25.85% down and over the past year, the stock is showing a downside performance of -47.07%.
The company is expected to be releasing its next quarterly report on 2025-Jan-20, for which analysts forecasted an EPS of 0.75 while estimate for next year EPS is 2.92. In next quarter, company is expected to be making quarterly sales of $1.23B as analysts are expecting the sales for current fiscal year at $4.99B and seeing the company making $5.95B in sales next year. Moreover, analysts are in estimates of $1.24B for current-quarter revenue.
Currently, New Oriental Education & Technology Group Inc. ADR’s total number of outstanding shares is 163.53M with 2.09% of that held by the insiders while 46.24% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.31% and return on equity (ROE) at 10.40%. It has a price to earnings ratio (P/E ratio) of 20.19 while having a 13.24 of forward P/E ratio. Stock’s beta reads 0.37. Stock has a price to book (P/B) ratio of 2.10 while price to sale or P/S ratio amounts to 1.62. Its return on asset (ROA) is 5.30% on average.
