On November 20, 2023, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) opened at $70.35, higher 4.47% from the last session. During the day, the shares moved up to $72.50 and dropped to $69.65 before settling in for the closing price of $68.30. Price fluctuations for EDU have ranged from $24.58 to $70.55 over the past 52 weeks.
During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 6.01%. Company’s average yearly earnings per share was noted 70.23% at the time writing. With a float of $165.48 million, this company’s outstanding shares have now reached $165.51 million.
Let’s determine the extent of company efficiency that accounts for 55506 employees. In terms of profitability, gross margin is +52.98, operating margin of +6.34, and the pretax margin is +10.29.
New Oriental Education & Technology Group Inc. ADR (EDU) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Education & Training Services industry is another important factor to consider. The insider ownership of New Oriental Education & Technology Group Inc. ADR is 0.02%, while institutional ownership is 40.76%.
New Oriental Education & Technology Group Inc. ADR (EDU) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 8/30/2023, the company posted $0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.81) by -$0.7. This company achieved a net margin of +5.92 while generating a return on equity of 4.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 70.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.29% during the next five years compared to -11.40% drop over the previous five years of trading.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Trading Performance Indicators
Check out the current performance indicators for New Oriental Education & Technology Group Inc. ADR (EDU). In the past quarter, the stock posted a quick ratio of 1.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 3.43 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
Looking closely at New Oriental Education & Technology Group Inc. ADR (NYSE: EDU), its last 5-days average volume was 1.5 million, which is a drop from its year-to-date volume of 1.78 million. As of the previous 9 days, the stock’s Stochastic %D was 71.74%. Additionally, its Average True Range was 2.46.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 96.56%, which indicates a significant increase from 86.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.26% in the past 14 days, which was lower than the 37.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.23, while its 200-day Moving Average is $48.25. However, in the short run, New Oriental Education & Technology Group Inc. ADR’s stock first resistance to watch stands at $72.68. Second resistance stands at $74.02. The third major resistance level sits at $75.53. If the price goes on to break the first support level at $69.83, it is likely to go to the next support level at $68.32. Now, if the price goes above the second support level, the third support stands at $66.98.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats
There are currently 169,697K shares outstanding in the company with a market cap of 11.81 billion. Presently, the company’s annual sales total 2,998 M according to its annual income of 177,340 K. Last quarter, the company’s sales amounted to 1,100 M and its income totaled 165,390 K.