New Oriental Education & Technology Group Inc. (EDU) Price Targets: What Do They Mean?

As of Friday close, New Oriental Education & Technology Group Inc.’s (NYSE:EDU) stock was up $1.3, moving up 13.29 percent to $11.08. The average number of shares traded per day over the past five days has been 4,431,080 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.12 fall in that time frame. In the last twenty days, the average volume was 6,208,325, while in the previous 50 days, it was 5,483,028.

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Since last month, EDU stock retreated -1.77%. Shares of the company fell to $9.29 on 05/12/22, the lowest level in the past month. A 52-week high of $132.50 was reached on 01/03/22 after having rallying from a 52-week low of $8.40. Since the beginning of this year, EDU’s stock price has dropped by -47.24% or -$9.92, and marked a new high 1 time. However, the stock has declined by -91.64% since its 52-week high.

Valuation Metrics

The stock’s beta is 0.80. Besides these, the trailing price-to-sales (P/S) ratio of 0.51, the price-to-book (PB) ratio of 0.48.

The latest dividend of $4.50 per share was paid out, which is 12.5% more than last year’s $4.00.

Financial Health

In the recent quarter, New Oriental Education & Technology Group Inc.’s quick ratio stood at 2.50, while its current ratio was 2.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.03, and the total debt-to-equity ratio was 0.03. On the profitability front, the trailing twelve-month gross margin is 45.00% percent. In the recent year, EBITDA margin amounted to 8.87%, whereas operating margins totaled -26.90%. Based on annual data, EDU earned $2.24 billion in gross profit and brought in $4.28 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.10%. Return on equity (ROE) for the past 12 months was -23.30%.

EDU’s revenue rose 16.32% during the quarter, while net income inched up to $4.28 billion. During the quarter, the company generated -$141.19 million in EBITDA. The liabilities of New Oriental Education & Technology Group Inc. were 2.56 billion at the end of its most recent quarter, and its total debt was $2.16 billion.

Technical Picture

This quick technical analysis looks at New Oriental Education & Technology Group Inc.’s (EDU) price momentum. With a historical volatility rate of 116.33%, the RSI 9-day stood at 49.48% on 13 May.

With respect to its five-day moving average, the current New Oriental Education & Technology Group Inc. price is down by -9.18% percent or -$1.12. However, the stock is currently trading approximately -14.11% below its SMA50 and -49.86% below its SMA200.

Stochastic coefficient K was 19.95% and Stochastic coefficient D was 12.03%, while ATR was 0.94. Given the Stochastic reading of 43.24% for the 14-day period, the RSI (14) reading has been calculated as 48.13%. As of today, the MACD Oscillator reading stands at -1.07, while the 14-day reading stands at -1.12.

Analyst Ratings

JP Morgan upgraded its rating on New Oriental Education & Technology Group Inc. (NYSE: EDU) to a Neutral in a note to investors on May 02, 2022. The analysts firm previously had an Underweight rating on the stock.New Oriental Education & Technology Group Inc. (EDU) has been rated Overweight by analysts. According to 0 brokerage firms, EDU is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate New Oriental Education & Technology Group Inc. stock as buy, with 6 recommending it as overweight.

With a median target price of $22.40, the current consensus forecast for the stock is $11.20 – $126.00. Based on these forecasts, analysts predict New Oriental Education & Technology Group Inc. (EDU) will achieve an average price target of $30.85.


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