Equities analysts expect RISE Education Cayman Ltd (NASDAQ:REDU) to announce $0.11 earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have made estimates for RISE Education Cayman’s earnings. RISE Education Cayman posted earnings per share of $0.12 in the same quarter last year, which suggests a negative year-over-year growth rate of 8.3%. The firm is expected to issue its next earnings results on Thursday, August 15th.
On average, analysts expect that RISE Education Cayman will report full year earnings of $0.47 per share for the current financial year. For the next year, analysts expect that the firm will report earnings of $0.56 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that follow RISE Education Cayman.
RISE Education Cayman (NASDAQ:REDU) last announced its earnings results on Thursday, May 16th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $49.92 million for the quarter. RISE Education Cayman had a net margin of 10.77% and a return on equity of 35.60%.
Separately, Morgan Stanley lowered RISE Education Cayman from an “overweight” rating to an “equal weight” rating and set a $9.78 price target on the stock. in a research report on Monday, March 25th.
A number of institutional investors have recently bought and sold shares of the business. Truvestments Capital LLC bought a new stake in shares of RISE Education Cayman in the first quarter worth $86,000. BlackRock Inc. lifted its position in RISE Education Cayman by 9.0% during the fourth quarter. BlackRock Inc. now owns 68,128 shares of the company’s stock valued at $542,000 after purchasing an additional 5,619 shares during the last quarter. Finally, Northern Trust Corp lifted its position in RISE Education Cayman by 11.7% during the fourth quarter. Northern Trust Corp now owns 12,337 shares of the company’s stock valued at $98,000 after purchasing an additional 1,295 shares during the last quarter. 13.65% of the stock is owned by hedge funds and other institutional investors.
Shares of RISE Education Cayman stock traded up $0.16 on Tuesday, reaching $9.29. 49,580 shares of the company were exchanged, compared to its average volume of 61,386. The business has a fifty day simple moving average of $9.41. The stock has a market cap of $500.50 million, a price-to-earnings ratio of 23.23 and a beta of 0.87. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.98 and a quick ratio of 0.98. RISE Education Cayman has a fifty-two week low of $6.70 and a fifty-two week high of $14.92.
RISE Education Cayman Company Profile
RISE Education Cayman Ltd, through its subsidiaries, provides junior English language training services under the RISE brand name in the People's Republic of China. The company offers a range of educational programs, services, and products, including educational courses, sale of course materials, franchise services, and study tours.
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