New Oriental Education & Tech Grp (EDU) – Research Analysts’ Recent Ratings Changes

New Oriental Education & Tech Grp (NYSE: EDU) recently received a number of ratings updates from brokerages and research firms:

  • 2/11/2019 – New Oriental Education & Tech Grp was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $76.64 price target on the stock.
  • 1/30/2019 – New Oriental Education & Tech Grp was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/24/2019 – New Oriental Education & Tech Grp was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 1/23/2019 – New Oriental Education & Tech Grp was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental’s ADSs, each of which represents four common shares, currently trade on the New York Stock Exchange under the symbol ”EDU.” “
  • 1/15/2019 – New Oriental Education & Tech Grp was given a new $75.00 price target on by analysts at Macquarie. They now have a “buy” rating on the stock.
  • 1/2/2019 – New Oriental Education & Tech Grp was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental’s ADSs, each of which represents four common shares, currently trade on the New York Stock Exchange under the symbol ”EDU.” “
  • 12/27/2018 – New Oriental Education & Tech Grp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental’s ADSs, each of which represents four common shares, currently trade on the New York Stock Exchange under the symbol ”EDU.” “
  • 12/13/2018 – New Oriental Education & Tech Grp was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating.

NYSE EDU traded up $1.56 on Monday, hitting $79.16. 23,901 shares of the company’s stock were exchanged, compared to its average volume of 1,790,798. New Oriental Education & Tech Grp has a 52 week low of $50.30 and a 52 week high of $108.24. The stock has a market capitalization of $11.06 billion, a PE ratio of 42.33, a PEG ratio of 1.41 and a beta of 1.52.

New Oriental Education & Tech Grp (NYSE:EDU) last released its earnings results on Tuesday, January 22nd. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.11. New Oriental Education & Tech Grp had a return on equity of 13.78% and a net margin of 8.32%. The firm had revenue of $597.07 million during the quarter, compared to analysts’ expectations of $578.50 million. During the same period in the prior year, the company earned $0.09 earnings per share. The company’s quarterly revenue was up 27.8% on a year-over-year basis. On average, equities research analysts expect that New Oriental Education & Tech Grp will post 1.63 earnings per share for the current year.



Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. increased its holdings in shares of New Oriental Education & Tech Grp by 32.9% during the fourth quarter. Advisors Asset Management Inc. now owns 2,623 shares of the company’s stock worth $144,000 after buying an additional 650 shares in the last quarter. Wedbush Securities Inc. increased its holdings in shares of New Oriental Education & Tech Grp by 21.6% during the fourth quarter. Wedbush Securities Inc. now owns 4,149 shares of the company’s stock worth $227,000 after buying an additional 736 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of New Oriental Education & Tech Grp by 20.5% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,089 shares of the company’s stock worth $279,000 after buying an additional 866 shares in the last quarter. Federated Investors Inc. PA acquired a new position in shares of New Oriental Education & Tech Grp during the third quarter worth $81,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in shares of New Oriental Education & Tech Grp by 2.8% during the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 44,333 shares of the company’s stock worth $2,392,000 after buying an additional 1,200 shares in the last quarter. Hedge funds and other institutional investors own 88.33% of the company’s stock.

New Oriental Education & Technology Group Inc provides private educational services under the New Oriental brand in the People's Republic of China. It operates through Language Training and Test Preparation Courses, and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to achieve better scores on entrance exams for admission into high schools or higher education institutions, as well as for children to teach English.

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