New Oriental Education & Technology Group, Inc. (NYSE:EDU) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $64.54.

Several equities research analysts have commented on the stock. The Goldman Sachs Group upgraded shares of New Oriental Education & Technology Group from a “neutral” rating to a “buy” rating and dropped their price target for the company from $67.00 to $65.00 in a research note on Thursday, June 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of New Oriental Education & Technology Group in a research report on Tuesday, July 21st. Finally, New Street Research set a $56.50 price objective on New Oriental Education & Technology Group in a report on Thursday.

Hedge Funds Weigh In On New Oriental Education & Technology Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd boosted its holdings in shares of New Oriental Education & Technology Group by 7,314.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 519 shares of the company’s stock valued at $28,000 after acquiring an additional 512 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in New Oriental Education & Technology Group by 106.9% during the first quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock worth $31,000 after purchasing an additional 279 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in New Oriental Education & Technology Group in the fourth quarter worth approximately $72,000. Raymond James Financial Inc. acquired a new stake in New Oriental Education & Technology Group in the second quarter worth approximately $111,000. Finally, Leonteq Securities AG bought a new position in New Oriental Education & Technology Group during the 4th quarter valued at $155,000.

New Oriental Education & Technology Group Stock Performance

Shares of EDU opened at $56.67 on Friday. The firm has a fifty day moving average of $47.62 and a 200-day moving average of $53.10. The company has a market cap of $8.96 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 0.82 and a beta of 0.19. New Oriental Education & Technology Group has a 1 year low of $43.27 and a 1 year high of $64.97.

New Oriental Education & Technology Group (NYSE:EDU) last released its quarterly earnings data on Tuesday, April 14th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $1.42 billion for the quarter. New Oriental Education & Technology Group had a net margin of 8.39% and a return on equity of 11.34%. Analysts predict that New Oriental Education & Technology Group will post 3.86 EPS for the current year.

New Oriental Education & Technology Group News Roundup

Here are the key news stories impacting New Oriental Education & Technology Group this week:

• Positive Sentiment: New Oriental unveiled a new capital-return plan, strengthening the investment case by signaling that management intends to return more cash to shareholders. The announcement was the primary catalyst behind the stock’s advance. New Oriental Education & Technology Group Is Up After New Capital Return Plan Unveiled
• Positive Sentiment: Fiscal fourth-quarter revenue reached $1.53 billion, exceeding the $1.46 billion analyst consensus. The company also forecast fiscal 2027 revenue of $6.5 billion to $6.7 billion, above the roughly $6.3 billion consensus estimate, indicating continued growth expectations. New Oriental Fiscal Q4 Earnings Snapshot
• Positive Sentiment: Management highlighted artificial-intelligence initiatives and growth opportunities, while commentary on financial performance and shareholder returns supported a more favorable view of the company’s longer-term prospects. New Oriental Earnings Call Highlights AI Growth, Returns
• Neutral Sentiment: Analysts and investors are reassessing EDU’s valuation after the earnings release, with the combination of above-consensus revenue, forward guidance and capital returns improving the company’s undervalued-growth narrative. New Oriental Earnings and Guidance Test Its Undervalued Case
• Negative Sentiment: Quarterly EPS was $0.60, below the $0.66 consensus estimate by $0.06. The earnings shortfall and net margin of 7.82% remain key risks, although the revenue beat and stronger guidance appear to have outweighed them. New Oriental Quarterly Earnings Report

About New Oriental Education & Technology Group

New Oriental Education & Technology Group (NYSE: EDU) is one of China’s leading providers of private educational services, specializing in language training, test preparation and consulting for overseas study. The company’s offerings span a range of subjects, including English language instruction, preparatory courses for examinations such as the TOEFL, GRE and GMAT, and K-12 after-school tutoring. New Oriental’s curriculum is delivered through a combination of in-person learning centers and digital platforms, enabling students across various regions to access its educational resources.

Founded in 1993 by Michael Yu Minhong in Beijing, New Oriental began as a small language school and quickly expanded its footprint.