New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) kicked off on Monday, down -3.22% from the previous trading day, before settling in for the closing price of $67.29. Over the past 52 weeks, EDU has traded in a range of $52.89-$98.20.
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A company in the Consumer Defensive sector has jumped its sales by 9.62% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 44.03%. With a float of $162.25 million, this company’s outstanding shares have now reached $164.32 million.
In an organization with 55506 employees, it is important to assess its efficiency. 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) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Education & Training Services Industry. The insider ownership of New Oriental Education & Technology Group Inc. ADR is 1.97%, while institutional ownership is 43.46%.
New Oriental Education & Technology Group Inc. ADR (EDU) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 5/31/2024, the organization reported 1.13 earnings per share (EPS), higher than consensus estimate (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 44.03% 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
Take a look at New Oriental Education & Technology Group Inc. ADR’s (EDU) current performance indicators. Last quarter, stock had a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50.
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 4.36 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
Let’s dig in a bit further. During the last 5-days, its volume was 1.24 million. That was inferior than the volume of 1.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.19%. Additionally, its Average True Range was 2.96.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 19.35%, which indicates a significant increase from 7.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.58% in the past 14 days, which was lower than the 55.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $72.48, while its 200-day Moving Average is $79.30. However, in the short run, New Oriental Education & Technology Group Inc. ADR’s stock first resistance to watch stands at $66.38. Second resistance stands at $67.64. The third major resistance level sits at $68.58. If the price goes on to break the first support level at $64.18, it is likely to go to the next support level at $63.24. Assuming the price breaks the second support level, the third support level stands at $61.98.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats
The company with the Market Capitalisation of 10.78 billion has total of 169,697K Shares Outstanding. Its annual sales at the moment are 4,314 M in contrast with the sum of 309,590 K annual income. Company’s last quarter sales were recorded 1,137 M and last quarter income was 26,970 K.
