New Oriental Education & Technology Group Inc. ADR (EDU) kicked off at the price of $70.00: Venture capitalists have an exciting new opportunity

On Monday, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) opened lower -1.97% from the last session, before settling in for the closing price of $71.41. Price fluctuations for EDU have ranged from $49.94 to $98.20 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 9.62% over the last five years. Company’s average yearly earnings per share was noted 43.29% at the time writing. With a float of $162.24 million, this company’s outstanding shares have now reached $164.32 million.

The firm has a total of 55506 workers. Let’s measure their productivity. In terms of profitability, gross margin is 52.45%, operating margin of 8.12%, and the pretax margin is 11.45%.

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 1.98%, while institutional ownership is 43.87%.

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 5/31/2024, the company posted 1.13 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.81) by 0.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 43.29% 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 4.28% growth 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 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.86, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 4.35 in one year’s time.

Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)

Analysing the last 5-days average volume posted by the [New Oriental Education & Technology Group Inc. ADR, EDU], we can find that recorded value of 1.13 million was lower than the volume posted last year of 1.81 million. As of the previous 9 days, the stock’s Stochastic %D was 63.72%. Additionally, its Average True Range was 3.23.

During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 34.54%, which indicates a significant decrease from 71.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.74% in the past 14 days, which was higher than the 55.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $73.45, while its 200-day Moving Average is $79.28. Now, the first resistance to watch is $70.73. This is followed by the second major resistance level at $71.46. The third major resistance level sits at $72.66. If the price goes on to break the first support level at $68.80, it is likely to go to the next support level at $67.60. Now, if the price goes above the second support level, the third support stands at $66.87.

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 11.59 billion. Presently, the company’s annual sales total 4,314 M according to its annual income of 309,590 K. Last quarter, the company’s sales amounted to 1,137 M and its income totaled 26,970 K.