New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) currently has a daily average trading volume of 1.97M but it saw 1277168 shares traded in last market. With a market cap of 6.96B USD, the company’s current market price of $42.57 came falling about -0.84 while comparing to the previous closing price of $42.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $90.14 and as low as $40.66. In the recent trading on the day, stock has struck highest price mark of $42.0 while lowest mark touched by it was $43.72.
Taking a look at 20-day trading activity of New Oriental Education & Technology Group Inc. ADR (EDU) gives us an average price of $47.54, while its current price level is -52.77% below from 52-week high level whereas it is 4.70% 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 $48.79 while that of 200 days or SMA-200 reads an average of $61.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.67% during that period while stretching the period over a month that decreases to 3.86%. 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 35.74 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 -10.92% down while it is -9.87% when we observe its performance for the past one month. Year-to-date it is -33.67% down and over the past year, the stock is showing a downside performance of -49.30%.
The company is expected to be releasing its next quarterly report on 2025-Jan-20, for which analysts forecasted an EPS of 0.74 while estimate for next year EPS is 2.9. In next quarter, company is expected to be making quarterly sales of $1.22B as analysts are expecting the sales for current fiscal year at $4.98B and seeing the company making $5.88B in sales next year. Moreover, analysts are in estimates of $1.23B 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 49.04% 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 18.06 while having a 12.06 of forward P/E ratio. Stock’s beta reads 0.28. Stock has a price to book (P/B) ratio of 1.88 while price to sale or P/S ratio amounts to 1.44. Its return on asset (ROA) is 5.30% on average.
