Is There a Dimmer Outlook Ahead for New Oriental Education & Technology Group Inc. (EDU)? – News Heater
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Is There a Dimmer Outlook Ahead for New Oriental Education & Technology Group Inc. (EDU)?

New Oriental Education & Technology Group Inc. (NYSE:EDU) went down by -3.76% from its latest closing price compared to the recent 1-year high of $88.10. The company’s stock price has collected 21.40% of gains in the last five trading sessions. The Wall Street Journal reported on 02/22/22 that Chinese Tutoring Companies Take Big Financial Hit Amid Crackdown

Is It Worth Investing in New Oriental Education & Technology Group Inc. (NYSE :EDU) Right Now?

Plus, the 36-month beta value for EDU is at 0.14. Opinions of the stock are interesting as 8 analysts out of 12 who provided ratings for New Oriental Education & Technology Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $23.65, which is $11.82 above the current price. EDU currently public float of 147.26M and currently shorts hold a 8.71% ratio of that float. Today, the average trading volume of EDU was 6.02M shares.

EDU’s Market Performance

EDU stocks went up by 21.40% for the week, with a monthly jump of 65.42% and a quarterly performance of 71.57%, while its annual performance rate touched -74.37%. The volatility ratio for the week stands at 11.58% while the volatility levels for the past 30 days are set at 8.90% for New Oriental Education & Technology Group Inc. The simple moving average for the period of the last 20 days is 36.41% for EDU stocks with a simple moving average of 22.75% for the last 200 days.

Analysts’ Opinion of EDU

Many brokerage firms have already submitted their reports for EDU stocks, with JP Morgan repeating the rating for EDU by listing it as a “Overweight.” The predicted price for EDU in the upcoming period, according to JP Morgan is $24 based on the research report published on June 13th of the current year 2022.

JP Morgan gave a rating of “Neutral” to EDU, setting the target price at $14 in the report published on May 02nd of the current year.

EDU Trading at 61.94% from the 50-Day Moving Average

After a stumble in the market that brought EDU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.44% of loss for the given period.

Volatility was left at 8.90%, however, over the last 30 days, the volatility rate increased by 11.58%, as shares surge +66.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +74.45% upper at present.

During the last 5 trading sessions, EDU rose by +21.40%, which changed the moving average for the period of 200-days by -10.13% in comparison to the 20-day moving average, which settled at $15.63. In addition, New Oriental Education & Technology Group Inc. saw -1.14% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for EDU

Current profitability levels for the company are sitting at:

  • +3.49 for the present operating margin
  • +52.37 for the gross margin

The net margin for New Oriental Education & Technology Group Inc. stands at +7.82. The total capital return value is set at 2.56, while invested capital returns managed to touch 6.37. Equity return is now at value -23.30, with -12.20 for asset returns.

Based on New Oriental Education & Technology Group Inc. (EDU), the company’s capital structure generated 44.01 points at debt to equity in total, while total debt to capital is 30.56. Total debt to assets is 21.30, with long-term debt to equity ratio resting at 33.55. Finally, the long-term debt to capital ratio is 23.30.

When we switch over and look at the enterprise to sales, we see a ratio of -0.03, with the company’s debt to enterprise value settled at 0.16. The receivables turnover for the company is 36.38 and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.

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