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Wednesday, September 27, 2023

Is New Oriental Education & Technology Group Inc. (NYSE: EDU) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for New Oriental Education & Technology Group Inc. (EDU) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.03%, to $58.18. The New Oriental Education & Technology Group Inc. has recorded 14,672 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2023.

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Stocks Info

EDU belongs to the Consumer Defensive sector of the NYSE while operating in the Education & Training Services industry. At the end of the last regular session, the stock closed at $58.16 and fluctuated between $58.22 as its day high and $54.61 as its day low. The current market capitalization of New Oriental Education & Technology Group Inc. is $9.20B. A total of 1.93 million shares were traded on the day, compared to an average of 1.64M shares.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. EDU’s most recent ex-dividend date was 9/1/2017 when it declared a $4.50 quarterly dividend that was paid in cash on 10/6/2017. Previously, the company paid the dividend on 10/7/2015 with an ex-dividend date of 9/2/2015. The EDU stock dividend was $4.00 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for EDU in the last 3 months, the mean price target is $64.31 with high estimates of $85.00 and low estimates of $50.00. In terms of 52-week highs and lows, EDU has a high of $57.94 and a low of $17.01.

As of this writing, EDU has an earnings estimate of $0.8 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.82 per share and a lower estimate of $0.77. The company reported an EPS of $0.06 in the last quarter, which was -81.80% lower than expectations of $0.33.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. EDU’s latest balance sheet shows that the firm has $4.19B in Cash & Short Term Investments as of fiscal 2022. There were $680.41M in debt and $1.71B in liabilities at the time. Its Book Value Per Share was $24.89, while its Total Shareholder’s Equity was $3.79B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EDU is Buy with a score of 5.00.

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