Shares of RYB Education Inc – (NYSE:RYB) have been assigned a consensus broker rating score of 3.35 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell recommendation and one has issued a hold recommendation on the company. RYB Education’s rating score has declined by 11.7% from 90 days ago as a result of various analysts’ ratings changes.
Analysts have set a 12-month consensus price target of $6.75 for the company, according to Zacks. Zacks has also assigned RYB Education an industry rank of 39 out of 256 based on the ratings given to related companies.
A number of equities analysts recently issued reports on the company. Jefferies Financial Group cut RYB Education from a “buy” rating to a “hold” rating and decreased their target price for the stock from $11.25 to $7.15 in a report on Thursday, March 28th. Credit Suisse Group cut RYB Education from a “neutral” rating to an “underperform” rating and set a $7.69 price target for the company. in a research report on Friday, March 22nd. Morgan Stanley cut RYB Education from an “equal weight” rating to an “underweight” rating and set a $7.00 price target for the company. in a research report on Friday, May 24th. Finally, Zacks Investment Research cut RYB Education from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd.
Several hedge funds and other institutional investors have recently bought and sold shares of RYB. Yiheng Capital LLC bought a new position in RYB Education during the fourth quarter valued at about $4,050,000. D. E. Shaw & Co. Inc. grew its stake in shares of RYB Education by 161.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 304,546 shares of the company’s stock valued at $1,779,000 after purchasing an additional 188,072 shares during the period. Two Sigma Investments LP bought a new stake in shares of RYB Education in the 4th quarter valued at approximately $647,000. Deutsche Bank AG bought a new stake in shares of RYB Education in the 4th quarter valued at approximately $240,000. Finally, Two Sigma Advisers LP bought a new stake in shares of RYB Education in the 4th quarter valued at approximately $152,000. 9.75% of the stock is owned by institutional investors and hedge funds.
Shares of RYB stock traded down $0.04 during mid-day trading on Friday, hitting $6.70. 15,700 shares of the stock traded hands, compared to its average volume of 26,945. RYB Education has a twelve month low of $5.60 and a twelve month high of $22.94. The stock has a market capitalization of $193.19 million, a price-to-earnings ratio of -111.67 and a beta of 1.69. The stock’s 50-day simple moving average is $6.80. The company has a current ratio of 0.93, a quick ratio of 0.88 and a debt-to-equity ratio of 0.62.
RYB Education (NYSE:RYB) last issued its earnings results on Tuesday, May 28th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.07). The company had revenue of $34.26 million during the quarter. RYB Education had a negative return on equity of 1.28% and a negative net margin of 0.88%. Equities analysts forecast that RYB Education will post 0.09 earnings per share for the current 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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