New Oriental Schooling & Expertise Group Inc. (NYSE:EDU) Receives Consensus Ranking of “Average Purchase” from Analysts

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Shares of New Oriental Schooling & Expertise Group Inc. (NYSE:EDUGet Ranking) have obtained a consensus score of “Average Purchase” from the 9 analysts which might be masking the agency, MarketBeat studies. One funding analyst has rated the inventory with a maintain score and 7 have assigned a purchase score to the corporate. The typical 1-year value goal amongst brokerages which have up to date their protection on the inventory within the final 12 months is $36.60.

A number of equities analysis analysts just lately issued studies on the corporate. StockNews.com began protection on New Oriental Schooling & Expertise Group in a analysis notice on Wednesday, October twelfth. They issued a “maintain” score for the corporate. TheStreet downgraded New Oriental Schooling & Expertise Group from a “c-” score to a “d” score in a analysis notice on Monday, November twenty first.

New Oriental Schooling & Expertise Group Inventory Down 1.1 %

Shares of NYSE EDU opened at $44.19 on Friday. The enterprise has a fifty day easy shifting common of $33.87 and a 200-day easy shifting common of $28.06. New Oriental Schooling & Expertise Group has a 12 month low of $8.40 and a 12 month excessive of $46.63.

New Oriental Schooling & Expertise Group (NYSE:EDUGet Ranking) final introduced its quarterly earnings knowledge on Tuesday, January seventeenth. The corporate reported $0.10 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.22 by ($0.12). The corporate had income of $638.20 million throughout the quarter, in comparison with analysts’ expectations of $614.16 million. The corporate’s quarterly income was down 3.0% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the corporate posted $1.00 earnings per share. Equities analysis analysts forecast that New Oriental Schooling & Expertise Group will submit 0.7 EPS for the present 12 months.

Institutional Inflows and Outflows

A variety of hedge funds have just lately made modifications to their positions in EDU. JPMorgan Chase & Co. elevated its holdings in shares of New Oriental Schooling & Expertise Group by 22.4% throughout the 1st quarter. JPMorgan Chase & Co. now owns 3,182,422 shares of the corporate’s inventory valued at $3,659,000 after buying a further 582,351 shares over the last quarter. Financial institution of New York Mellon Corp grew its holdings in New Oriental Schooling & Expertise Group by 10.1% within the 1st quarter. Financial institution of New York Mellon Corp now owns 1,739,685 shares of the corporate’s inventory valued at $2,000,000 after shopping for a further 158,968 shares over the last quarter. American Century Corporations Inc. grew its holdings in New Oriental Schooling & Expertise Group by 1.0% within the 1st quarter. American Century Corporations Inc. now owns 483,904 shares of the corporate’s inventory valued at $556,000 after shopping for a further 4,888 shares over the last quarter. Acadian Asset Administration LLC grew its holdings in New Oriental Schooling & Expertise Group by 186.1% within the 1st quarter. Acadian Asset Administration LLC now owns 193,107 shares of the corporate’s inventory valued at $221,000 after shopping for a further 125,599 shares over the last quarter. Lastly, BlackRock Inc. grew its holdings in New Oriental Schooling & Expertise Group by 2.4% within the 1st quarter. BlackRock Inc. now owns 64,329,110 shares of the corporate’s inventory valued at $73,977,000 after shopping for a further 1,492,990 shares over the last quarter. Institutional traders and hedge funds personal 67.55% of the corporate’s inventory.

About New Oriental Schooling & Expertise Group

(Get Ranking)

New Oriental Schooling & Expertise Group Inc gives personal academic companies underneath the New Oriental model within the Individuals’s Republic of China. The corporate operates by means of Academic Providers and Take a look at Preparation Programs; On-line Schooling and Different Providers; Abroad Examine Consulting Providers; and Others segments.

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Analyst Recommendations for New Oriental Education & Technology Group (NYSE:EDU)

This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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