New Oriental Education & Tech Grp (NYSE:EDU) will release its earnings data before the market opens on Tuesday, July 23rd. New Oriental Education & Tech Grp has set its Q4 2019 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.
New Oriental Education & Tech Grp (NYSE:EDU) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $0.69 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.14. The firm had revenue of $796.70 million during the quarter, compared to analysts’ expectations of $788.52 million. New Oriental Education & Tech Grp had a return on equity of 14.88% and a net margin of 8.80%. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.57 EPS. On average, analysts expect New Oriental Education & Tech Grp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of EDU stock opened at $97.00 on Monday. The company has a current ratio of 1.63, a quick ratio of 1.61 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average of $92.75. New Oriental Education & Tech Grp has a one year low of $50.30 and a one year high of $101.46. The company has a market cap of $13.83 billion, a PE ratio of 51.87, a PEG ratio of 0.92 and a beta of 1.61.
A number of equities research analysts have recently issued reports on the company. ValuEngine upgraded Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Citigroup increased their target price on Vistra Energy from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Zacks Investment Research lowered General Finance from a “buy” rating to a “hold” rating in a report on Monday, July 15th. Deutsche Bank started coverage on Carter’s in a research note on Tuesday, April 16th. They issued a “hold” rating and a $99.00 price objective on the stock. Finally, TheStreet lowered Trinity Industries from a “b” rating to a “c” rating in a research note on Thursday, April 25th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $92.73.
New Oriental Education & Tech Grp Company Profile
New Oriental Education & Technology Group Inc provides private educational services under the New Oriental brand in the People's Republic of China. It operates through Language Training and Test Preparation Courses, and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to achieve better scores on entrance exams for admission into high schools or higher education institutions, as well as for children to teach English.
See Also: How do buyers and sellers choose a strike price?
Receive News & Ratings for New Oriental Education & Tech Grp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Oriental Education & Tech Grp and related companies with MarketBeat.com's FREE daily email newsletter.