New Oriental Education & Technology Group Inc. ADR (NYSE: EDU)’s stock price has gone rise by 1.30 in comparison to its previous close of 60.86, however, the company has experienced a 3.07% increase in its stock price over the last five trading days. zacks.com reported 2024-08-20 that New Oriental (EDU) declares a special cash dividend of approximately $100 million for common shareholders and ADS holders.
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 33.22x compared to its average ratio, The 36-month beta value for EDU is at 0.45. 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.”
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The public float for EDU is 162.25M, and currently, shorts hold a 3.33% of that float. The average trading volume for EDU on September 11, 2024 was 1.91M shares.
EDU’s Market Performance
EDU’s stock has seen a 3.07% increase for the week, with a -7.41% drop in the past month and a -20.68% fall in the past quarter. The volatility ratio for the week is 2.57%, and the volatility levels for the past 30 days are at 2.84% for New Oriental Education & Technology Group Inc. ADR The simple moving average for the last 20 days is -5.00% for EDU’s stock, with a simple moving average of -21.16% for the last 200 days.
Analysts’ Opinion of EDU
Many brokerage firms have already submitted their reports for EDU stocks, with HSBC Securities repeating the rating for EDU by listing it as a “Buy.” The predicted price for EDU in the upcoming period, according to HSBC Securities is $110 based on the research report published on May 29, 2024 of the current year 2024.
Morgan Stanley gave a rating of “Overweight” to EDU, setting the target price at $81 in the report published on November 07th of the previous year.
EDU Trading at -11.22% 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 -36.59% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.57%, as shares sank -11.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.69% lower at present.
During the last 5 trading sessions, EDU rose by +2.05%, which changed the moving average for the period of 200-days by -14.33% in comparison to the 20-day moving average, which settled at $65.10. In addition, New Oriental Education & Technology Group Inc. ADR saw -15.03% 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:
- 0.08 for the present operating margin
- 0.52 for the gross margin
The net margin for New Oriental Education & Technology Group Inc. ADR stands at 0.07. The total capital return value is set at 0.08. Equity return is now at value 8.39, with 4.45 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 5.24.
Currently, EBITDA for the company is 473.13 million with net debt to EBITDA at -2.43. When we switch over and look at the enterprise to sales, we see a ratio of 2.16. The receivables turnover for the company is 126.53for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
In conclusion, New Oriental Education & Technology Group Inc. ADR (EDU) has had a mixed 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.
