The Insider Activity Of New Oriental Education & Technology Group Inc. (EDU) Is Worth Monitoring

New Oriental Education & Technology Group Inc. (NYSE:EDU) finished Wednesday with an addition of $0.18 to close at $2.34, an upside of 8.33 percent. An average of 50,948,520 shares of common stock have been traded in the last five days. There was a gain of $0.21 in the past week. The last 20 days have seen an average of 43,728,902 shares traded, while the 50-day average volume stands at 53,785,820.

EDU stock has increased by 17.00% in the last month. The company shares reached their 1-month lowest point of $1.78 on 09/20/21. With the stock rallying to its 52-week high on 02/16/21, shares of the company touched a low of $1.68 and a high of $19.97 in 52 weeks. In spite of this, the price is down -88.28% from the 52-week high.


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Valuation Metrics

New Oriental Education & Technology Group Inc. (EDU) has a trailing price-to-earnings (P/E) ratio of 11.47, which compares with the 24.50 for the broader industry and 24.47 for the sector. In the last five years, New Oriental Education & Technology Group Inc.’s PE ratio has ranged between 82.00 and 8.416. The stock’s beta is 0.92. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.95, the price-to-book (PB) ratio at 0.80.

The company’s most recent quarterly dividend payment was $0.45 a share, representing a up of 11.11 from $0.40 last year.

The quick ratio of New Oriental Education & Technology Group Inc. for the recent quarter was 1.90, and the current ratio was 1.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.06 and a total debt to equity ratio of 0.06 for the recent quarter. On the profitability front, the trailing 12-month gross margin is 52.40% against a 5-year average of 55.7%. New Oriental Education & Technology Group Inc.’s EBITDA margin is 8.87%, while its operating margin for the same period stands at 2.70%. Its gross profit as reported stood at $2.24 billion compared to revenue of $4.28 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, New Oriental Education & Technology Group Inc.’s return on assets was 3.60%, compared to 7.2% over the last five years. In the past year, the return on investment has been -0.10%, and the 5-year average is 9.5%. Meanwhile, the return on equity (ROE) for the past 12 months has been 7.60% and the 5-year average holds at 14.0%. For the broader industry, ROE averaged 11.73 over the past year.

Technical Picture

From a technical analysis perspective, let’s take a brief look at New Oriental Education & Technology Group Inc. (EDU) price momentum. RSI 9-day as of the close on 13 October was 66.04%, suggesting the stock is Neutral, with historical volatility in this time frame at 69.76%.

As of today, EDU’s price is $2.21 +9.86% or $0.21 from its 5-day moving average. EDU is currently trading +21.87% higher than its 20-day SMA and -78.92% lower than its 100-day SMA. However, the stock’s current price level is +5.41% above the SMA50 and -86.35% below the SMA200.

The stochastic %K and %D were 77.02% and 78.43%, respectively, and the average true range (ATR) was 0.18. With the 14-day stochastic at 85.25% and the average true range at 0.18, the RSI (14) stands at 57.52%. The stock has reached 0.10 on the 9-day MACD Oscillator while the 14-day reading was at 0.19.

Analyst Ratings

Morgan Stanley upgraded New Oriental Education & Technology Group Inc. (NYSE: EDU) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a an Equal-weight.The consensus rating for New Oriental Education & Technology Group Inc. (EDU) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell EDU, while 6 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 6 others rate it as a “buy”.

What is EDU’s price target for the next 12 months?

Analysts predict a range of price targets between $1.83 and $18.80, with a median target of $3.49. Taking a look at these predictions, the average price target given by analysts for New Oriental Education & Technology Group Inc. (EDU) stock is $5.31.

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