New Oriental Education & Technology Group Inc. (EDU): Check on its recent ratings

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New Oriental Education & Technology Group Inc. (NYSE:EDU) changes shares on Monday trading session, with a change of -2.56% or -$3.51 shares. The trading starts at $135.95 and closed at $136.90 throughout the day. The trading session low price was $130.38 and day high was $136.65 on Monday, June 22. After the session, the Consumer Defensive sector daily volume shifted to 1.36 million while its average volume is 1.64M. In other hand, the EDU market cap reached to $20.05B. While, its current target price is $133.39 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 5.06% and up 13.67% for month. Its quarterly performance was 28.44% above, while its half year performance is up 8.46%. EDU yearly performance stood at positive 41.00% and rise 10.01% for year-to-date. Current recommendation for New Oriental Education & Technology Group Inc. is 1.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EDU EPS (TTM) for 12-month is 2.78. EPS for this year is -20.40%, while for the next year its value is 4.22. Sales growth for the current quarter is 1.72 while its EPS Q/Q reached 40.30%. It has an EPS of 1.80% up for past five years and for the next five years will be up 27.85%.

Let’s take a look on the analyst recommendations on EDU for the current month and previous month. For the current month, 30 of 31 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $130.00-$169.00. Average target price for EDU was reached at $147.27.

Blackrock Inc., Davis Selected Advisers, LP and Ubs Asset Management Americas Inc are the top three holders in New Oriental Education & Technology Group Inc. (EDU) stock. On Mar 30, 2020, Blackrock Inc. has 8.61 million shares which valued 932.38 million. On Mar 30, 2020, Davis Selected Advisers, LP owned 6.78 million shares which valued at 733.35 million. On Mar 30, 2020, Ubs Asset Management Americas Inc has a total of 5.48 million shares which valued at 593.46 million. In the end, Ubs Asset Management Americas Inc have 3.46% shares outstanding of New Oriental Education & Technology Group Inc. (EDU) on Mar 30, 2020. The insider ownership moved to 0.20% and institutional holding shifted to 86.70%.

The company posted an EPS (TTM) of 2.78. According to the most recent quarter report on (May 2020), 10 analysts estimated an average EPS of 0.35, while 0.6 EPS posted a year ago period. Analyst Estimated EPS for EDU published in the report was 0.28-0.41 during the same period. Comparing with last year, the average estimated EPS was 0.6 which is lower than 0.93 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EDU rise 9.55% for period of 200 days. SMA for 50 days was 9.52% which is showing green signal, while SMA-20 was 6.03%. The moving average value for New Oriental Education & Technology Group Inc. (EDU) is 124.44 and 124.35 for 200 and 50 days respectively.