The price-to-earnings ratio for New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) is above average at 44.59x, Company’s 36-month beta value is 0.48.Analysts have differing opinions on the stock, with 15 analysts rating it as a “buy,” 8 as “overweight,” 0 as “hold,” and 2 as “sell.”
The public float for EDU is 165.46M, and currently, short sellers hold a 2.77% ratio of that floaft. The average trading volume of EDU on May 08, 2024 was 1.78M shares.
EDU) stock’s latest price update
The stock price of New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) has jumped by 2.02 compared to previous close of 81.64. Despite this, the company has seen a gain of 6.25% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that New Oriental (EDU) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
EDU’s Market Performance
New Oriental Education & Technology Group Inc. ADR (EDU) has experienced a 6.25% rise in stock performance for the past week, with a -1.78% drop in the past month, and a 2.36% rise in the past quarter. The volatility ratio for the week is 3.66%, and the volatility levels for the past 30 days are at 3.97% for EDU.. The simple moving average for the past 20 days is -0.63% for EDU’s stock, with a 14.77% 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 -5.25% 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 -15.18% of loss for the given period.
Volatility was left at 3.97%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares sank -3.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.68% lower at present.
During the last 5 trading sessions, EDU rose by +6.68%, which changed the moving average for the period of 200-days by +70.71% in comparison to the 20-day moving average, which settled at $83.67. In addition, New Oriental Education & Technology Group Inc. ADR saw 13.66% 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
- 0.53 for the gross margin
The net margin for New Oriental Education & Technology Group Inc. ADR stands at 0.08. The total capital return value is set at 0.09. Equity return is now at value 8.20, with 4.67 for asset returns.
Based on New Oriental Education & Technology Group Inc. ADR (EDU), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 6.06.
Currently, EBITDA for the company is 190.91 million with net debt to EBITDA at -4.13. When we switch over and look at the enterprise to sales, we see a ratio of 3.01. The receivables turnover for the company is 100.86for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.
Conclusion
In a nutshell, New Oriental Education & Technology Group Inc. ADR (EDU) has experienced a better performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. 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.
