June 21, 2022, New Oriental Education & Technology Group Inc. (NYSE: EDU) trading session started at the price of $19.91, that was -3.76% drop from the session before. During the day, the shares moved up to $20.78 and dropped to $19.20 before settling in for the closing price of $21.57. A 52-week range for EDU has been $8.40 – $88.10.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 23.70%. When this article was written, the company’s average yearly earnings per share was at -21.90%. With a float of $147.26 million, this company’s outstanding shares have now reached $173.24 million.
Let’s determine the extent of company efficiency that accounts for 88126 employees. In terms of profitability, gross margin is +52.37, operating margin of +3.49, and the pretax margin is +7.37.
New Oriental Education & Technology Group Inc. (EDU) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Oriental Education & Technology Group Inc. stocks. The insider ownership of New Oriental Education & Technology Group Inc. is 0.20%, while institutional ownership is 65.30%.
New Oriental Education & Technology Group Inc. (EDU) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 5/30/2021, it has been observed that the corporation posted $0.38 earnings per share (EPS) during the time that was better than consensus figure (set at $0.35) by $0.03. This company achieved a net margin of +7.82 while generating a return on equity of 8.74. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.81% during the next five years compared to 69.90% growth over the previous five years of trading.
New Oriental Education & Technology Group Inc. (NYSE: EDU) Trading Performance Indicators
You can see what New Oriental Education & Technology Group Inc. (EDU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.17, a number that is poised to hit -1.46 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. (EDU)
Looking closely at New Oriental Education & Technology Group Inc. (NYSE: EDU), its last 5-days average volume was 17.24 million, which is a jump from its year-to-date volume of 4.55 million. As of the previous 9 days, the stock’s Stochastic %D was 75.76%. Additionally, its Average True Range was 1.79.
During the past 100 days, New Oriental Education & Technology Group Inc.’s (EDU) raw stochastic average was set at 81.32%, which indicates a significant increase from 74.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 150.16% in the past 14 days, which was higher than the 116.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.00, while its 200-day Moving Average is $16.90. However, in the short run, New Oriental Education & Technology Group Inc.’s stock first resistance to watch stands at $21.29. Second resistance stands at $21.83. The third major resistance level sits at $22.87. If the price goes on to break the first support level at $19.71, it is likely to go to the next support level at $18.67. Now, if the price goes above the second support level, the third support stands at $18.13.
New Oriental Education & Technology Group Inc. (NYSE: EDU) Key Stats
There are 169,697K outstanding shares of the company, which has a market capitalization of 3.60 billion. As of now, sales total 4,277 M while income totals 334,410 K. Its latest quarter income was 614,090 K while its last quarter net income were -122,440 K.
