While New Oriental Education & Technology Group Inc. ADR has overperformed by 4.59%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EDU fell by -34.43%, with highs and lows ranging from $97.23 to $44.46, whereas the simple moving average fell by -27.94% in the last 200 days.
On January 24, 2025, Citigroup Downgraded New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) to Neutral. A report published by Morgan Stanley on January 22, 2025, Downgraded its rating to ‘Equal-Weight’ for EDU. Macquarie also Downgraded EDU shares as ‘Underperform’, setting a target price of $44 on the company’s shares in a report dated January 22, 2025. JP Morgan January 22, 2025d the rating to Neutral on January 22, 2025, and set its price target from $85 to $50. HSBC Securities initiated its ‘Buy’ rating for EDU, as published in its report on May 29, 2024. Morgan Stanley also rated the stock as ‘Overweight’.
Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
Further, the quarter-over-quarter increase in sales is 19.44%, showing a positive trend in the upcoming months.
New Oriental Education & Technology Group Inc. ADR’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 10.40% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.68, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and EDU has an average volume of 1.79M. On a monthly basis, the volatility of the stock is set at 3.79%, whereas on a weekly basis, it is put at 3.59%, with a gain of 5.82% over the past seven days. Furthermore, long-term investors anticipate a median target price of $69.67, showing growth from the present price of $49.47, which can serve as yet another indication of whether EDU is worth investing in or should be passed over.
How Do You Analyze New Oriental Education & Technology Group Inc. ADR Shares?
Education & Training Services giant New Oriental Education & Technology Group Inc. ADR (EDU) is based in the China and is one of the largest companies in the market. When comparing New Oriental Education & Technology Group Inc. ADR shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 20.99, there is a growth in quarterly earnings of 8.22%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.99%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 42.83% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
EDU shares are owned by institutional investors to the tune of 42.83% at present.
