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 Fool.com with their article: "New Oriental Education: The raw numbers" published on April 24, 2017, Quotes.Wsj.com 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: Quotes.Wsj.com 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 Inc.is 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.

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