The stock of New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) has decreased by -0.05 when compared to last closing price of 85.54. Despite this, the company has experienced a 0.83% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-01-24 that New Oriental Education & Technology Group Inc. (EDU) Q2 2024 Earnings Call Transcript
Is It Worth Investing in New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Right Now?
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) has a higher price-to-earnings ratio of 46.66x compared to its average ratio, The 36-month beta value for EDU is at 0.49. Analysts have varying views on the stock, with 15 analysts rating it as a “buy,” 8 rating it as “overweight,” 0 as “hold,” and 2 as “sell.”
The public float for EDU is 165.46M, and currently, shorts hold a 2.59% of that float. The average trading volume for EDU on April 17, 2024 was 1.66M shares.
EDU’s Market Performance
The stock of New Oriental Education & Technology Group Inc. ADR (EDU) has seen a 0.83% increase in the past week, with a -6.92% drop in the past month, and a 12.43% gain in the past quarter. The volatility ratio for the week is 3.38%, and the volatility levels for the past 30 days are at 2.73% for EDU. The simple moving average for the past 20 days is -3.26% for EDU’s stock, with a 23.19% simple moving average for the past 200 days.
Analysts’ Opinion of EDU
Morgan Stanley, on the other hand, stated in their research note that they expect to see EDU reach a price target of $81. The rating they have provided for EDU stocks is “Overweight” according to the report published on November 07th, 2023.
EDU Trading at -4.32% 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 -12.93% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares sank -6.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.04% upper at present.
During the last 5 trading sessions, EDU rose by +0.83%, which changed the moving average for the period of 200-days by +118.95% in comparison to the 20-day moving average, which settled at $88.07. In addition, New Oriental Education & Technology Group Inc. ADR saw 16.68% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EDU
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.55 for the gross margin
The net margin for New Oriental Education & Technology Group Inc. ADR stands at 0.09. The total capital return value is set at 0.08. Equity return is now at value 8.23, with 4.65 for asset returns.
Based on New Oriental Education & Technology Group Inc. ADR (EDU), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 3.15. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is -9.89.
Currently, EBITDA for the company is 190.91 million with net debt to EBITDA at -4.28. When we switch over and look at the enterprise to sales, we see a ratio of 3.55. The receivables turnover for the company is 87.92for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
In conclusion, New Oriental Education & Technology Group Inc. ADR (EDU) has had a better performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
