New Oriental Education & Technology Group Inc

New Oriental Education & Technology

Morgan Stanley has just issued a Overweight rating for New Oriental Education & Technology (NYSE:EDU) shares. New Oriental Education & Technology Group's quarterly revenue was up 23.2% compared to the same quarter past year. This is a boost from New Oriental Education & Technology Group's previous special dividend of $0.40. The total value of its holdings increased 2,817.6%. New Oriental Education & Technology Group had a return on equity of 17.02% and a net margin of 15.25%. BlackRock Inc. raised its position in New Oriental Education & Technology Group by 5,434.7% in the first quarter. OppenheimerFunds Inc. now owns 9,328,992 shares of the company's stock worth $563,284,000 after buying an additional 134,050 shares during the last quarter.

Media headlines about New Oriental Education & Technology Group (NYSE:EDU) have trended positive on Saturday, according to Accern. Schmidt P J Investment Management Inc acquired 11,829 shares as Intercontinentalexchange Inc (ICE)'s stock rose 1.58%. (NYSE:EDU), from Services sector has been on the upside of the performance spectrum. Sponsored ADR representing 1 ..." on August 20, 2011, also with their article: "New Oriental Education: The raw numbers" published on April 24, 2017, published: "New Oriental Education & Technology Group Inc. Kylin Management Llc who had been investing in New Oriental Ed & Tech Grp I for a number of months, seems to be bullish on the $12.25 billion market cap company. The 50 day moving average was up $4.01 and the 200 day average was up $16.35. Brean Capital initiated New Oriental Education & Tech Grp (ADR) (NYSE:EDU) rating on Thursday, July 21. The firm had revenue of $486.40 million for the quarter, compared to the consensus estimate of $477.81 million. Analysts expect next quarter's EPS will be $0.17 with next year's EPS anticipated to be $3.17. The firm's quarterly revenue was up 23.2% on a year-over-year basis. About 1.60 million shares traded or 22.14% up from the average. The firm earned "Buy" rating on Wednesday, October 21 by Jefferies. Shareholders of record on Wednesday, September 6th will be given a dividend of $0.45 per share. In the last earnings report the EPS was $1.74 and is projected to be $2.37 for the current year with 157,679,000 shares outstanding. They issued a "buy" rating and a $75.00 price target on the stock. More interesting news about New Oriental Education & Tech Grp (ADR) (NYSE:EDU) were released by: and their article: "New Oriental Education & Technology Group Inc".

Investment analysts at Morgan Stanley has begun coverage on New Oriental Education & Technology (NYSE:EDU) with a key Overweight rating. Goldman Sachs Group, Inc. The firm earned "Outperform" rating on Thursday, January 14 by Credit Suisse. The rating was maintained by JP Morgan on Wednesday, September 9 with "Overweight". Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock.

New Oriental Education & Technology Group a well-known provider of private educational services in the People's Republic of China. The Company operates through seven segments, including language training and test preparation, primary and secondary school education, online education, content development and distribution, pre-school education, overseas study consulting services and study tour.



Latest news

Pinoys win gold in men's 200m and decathlon in SEA Games
Tanalaksiumy and Nurul Faizah Asma Mazlan clocked 3:.43.31s to emerge as third fastest among four contesting teams in the event. Thailand will collide with the survivor between Vietnam and Indonesia for the gold.

How Republicans are responding to Trump's government shutdown threat
Congressional Republicans might suffer - but they will suffer just as much, if not more, by opposing Trump on a border wall . McConnell's office highlighted Trump's volatility when it downplayed reports of the McConnell-Trump feud.

Street named after Cersei Lannister gets renamed, because people were offended
Game of Thrones airs in the United States on HBO every Sunday where it is simulcast in the UK on Sky Atlantic at 2am. The City of Greater Geelong chose to rename the road following a decision from the Office of Geographic Names.

Henderson shoots 63 in home LPGA event
Not just covered, they're like eight people deep, which is truly awesome ", said Henderson. "Everybody was everywhere. And after a course-record 8-under-par 63, Brooke Henderson could sum up her day with just two words.

President Trump tells Senate Republicans 'the world is watching' on health care
The downside of procrastinating is it would complicate lawmakers' already jam-packed legislative schedule through the end of 2017. But the Kentuckian is a wily operator, much more experienced at manipulating the levers in Washington than is the president.

Other news