RYB Education Inc – (RYB) Given $7.83 Consensus Target Price by Analysts

RYB Education Inc – (NYSE:RYB) has been given a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation. RYB Education’s rating score has declined by 50% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Brokerages have set a one year consensus price objective of $7.83 for the company and are anticipating that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also given RYB Education an industry rank of 88 out of 255 based on the ratings given to related companies.

Several brokerages have recently commented on RYB. Zacks Investment Research cut shares of RYB Education from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd. Jefferies Financial Group cut shares of RYB Education from a “buy” rating to a “hold” rating and lowered their target price for the stock from $11.25 to $7.15 in a report on Thursday, March 28th. Credit Suisse Group cut shares of RYB Education from a “neutral” rating to an “underperform” rating and set a $7.69 target price on the stock. in a report on Friday, March 22nd. Finally, ValuEngine cut shares of RYB Education from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd.

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of RYB Education during the fourth quarter worth approximately $111,000. Two Sigma Advisers LP bought a new position in shares of RYB Education during the fourth quarter worth approximately $152,000. Deutsche Bank AG bought a new position in shares of RYB Education during the fourth quarter worth approximately $240,000. Two Sigma Investments LP bought a new position in shares of RYB Education during the fourth quarter worth approximately $647,000. Finally, Wells Fargo & Company MN increased its holdings in shares of RYB Education by 3,508.5% during the third quarter. Wells Fargo & Company MN now owns 54,127 shares of the company’s stock worth $1,140,000 after purchasing an additional 52,627 shares during the period. 12.30% of the stock is currently owned by institutional investors.

Shares of NYSE:RYB opened at $7.71 on Friday. RYB Education has a 52-week low of $5.60 and a 52-week high of $23.79.

RYB Education (NYSE:RYB) last issued its quarterly earnings data on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.05. The firm had revenue of $45.00 million during the quarter. RYB Education had a negative net margin of 1.14% and a negative return on equity of 1.62%. As a group, sell-side analysts expect that RYB Education will post 0.03 EPS for the current fiscal year.

RYB Education Company Profile

RYB Education, Inc provides early childhood education service in the People's Republic of China. The company offers kindergarten services to 2-6-year-old children; and play-and-learn centers services for the joint participation of 0-6-year-old children and their families to promote children's development and prepare them for their entry into kindergartens and primary schools.

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