New Oriental Education & Technology Group Inc. ADR (EDU) is expecting -21.27% growth in the next quarter: What can investors do to maximize their returns?

A new trading day began on Friday, with New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) stock price up 0.27% from the previous day of trading, before settling in for the closing price of $59.51. EDU’s price has ranged from $52.91 to $97.23 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Defensive Sector giant saw their annual sales surged by 9.62% over the last five years. Meanwhile, its annual earnings per share averaged 43.90%. With a float of $162.25 million, this company’s outstanding shares have now reached $165.51 million.

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 Activity

As we move forward, let’s examine how large-scale investors are investing 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 43.43%.

New Oriental Education & Technology Group Inc. ADR (EDU) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 43.90% 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

Here are New Oriental Education & Technology Group Inc. ADR’s current performance indicators. According to the last quarter’s results, the 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 2.29.

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 4.38 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 1.97 million was better than the volume posted last year of 1.82 million. As of the previous 9 days, the stock’s Stochastic %D was 25.15%. Additionally, its Average True Range was 2.23.

During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 3.30%, which indicates a significant decrease from 13.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.47% in the past 14 days, which was lower than the 55.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $68.57, while its 200-day Moving Average is $78.71. Now, the first resistance to watch is $60.39. This is followed by the second major resistance level at $61.12. The third major resistance level sits at $62.01. If the price goes on to break the first support level at $58.77, it is likely to go to the next support level at $57.88. Should the price break the second support level, the third support level stands at $57.15.

New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats

With a market capitalization of 9.88 billion, the company has a total of 169,697K Shares Outstanding. Currently, annual sales are 4,314 M while annual income is 309,590 K. The company’s previous quarter sales were 1,137 M while its latest quarter income was 26,970 K.