New Oriental Education & Tech Grp (EDU) Trading Up 6.5% Following Strong Earnings

Author

21 May, 2017

PNC Financial Services Group Inc. now owns 3,237 shares of the company's stock worth $149,000 after buying an additional 926 shares during the period. 86,538 are owned by Kbc Group Inc Nv. They now have a United States dollars 24 price target on the stock. About 857,918 shares traded. Stellar Biotechnologies Inc (NASDAQ:SBOT) has declined 42.79% since October 6, 2016 and is downtrending. It has by 0.00% the S&P500. New Oriental Education & Tech Grp had a return on equity of 16.46% and a net margin of 14.96%. About 1.32 million shares traded or 22.22% up from the average. It has by 0.00% the S&P500.The move comes after 8 months negative chart setup for the $11.95B company. If the $76.68 price target is reached, the company will be worth $956.00M more. During the same period in the prior year, the business posted $0.34 earnings per share. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.01. Its down 0.04, from 1.16 in 2016Q3. It dived, as 59 investors sold FISV shares while 308 reduced holdings. A total of 2.37 million shares exchanged hands as contrast to its average trading volume of 2.81 million shares. New South Cap holds 3.11% or 1.23 million shares. Yhb Advisors Inc owns 2,129 shares. Blackrock Japan stated it has 921,087 shares. Echo Street Capital Mgmt Limited Liability Corporation owns 124,254 shares. 600 were accumulated by Gp One Trading Lp.

The company reported its EPS on 04/24/2017. Ls Invest accumulated 2,983 shares. Therefore 38% are positive. They set a neutral rating for the company. Morgan Stanley downgraded the shares of IPG in report on Thursday, January 5 to "Equal-Weight" rating. As per Monday, August 31, the company rating was maintained by Oppenheimer. The rating was upgraded by FBR Capital on Friday, September 11 to "Outperform". The rating was initiated by Brean Capital with "Buy" on Thursday, July 21. Jefferies Group LLC now has a $74.80 price objective on the stock. Zacks has "Buy" rating and $21 target. Part of the data in this report is derived from Zacks Research and FactSet. The stock has "Buy" rating by Pivotal Research on Monday, October 17. The rating was initiated by Wedbush on Friday, September 9 with "Outperform".

Ariel Investments Llc increased Philip Morris Intl Inc. Kilroy Realty Corp (NYSE:KRC) was raised too. About 850,798 shares traded. $536,580 worth of Interpublic Group of Companies Inc (NYSE:IPG) was sold by CARROLL CHRISTOPHER F. KRAKOWSKY PHILIPPE sold $3.15 million worth of stock.

Analysts gives Cousins Properties Inc (NYSE:CUZ) a mean recommendation of 2.80. Janus Capital Management Llc sold 480,678 shares as Fiserv Inc (FISV)'s stock 0.00%.

Compiling all of the recommendations for the firm, New Oriental Education & Technology Group, Inc. Creative Planning now owns 2,956 shares of the company's stock worth $137,000 after buying an additional 1,069 shares in the last quarter. We in no way are suggesting that readers make any decision on New Oriental Education & Technology Group, Inc. Over the long run, the price of a stock will generally go up in lock step with its earnings (assuming the P/E ratio is constant). The Company operates through seven segments, which include 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.

Jefferies Group LLC restated their buy rating on shares of New Oriental Education & Tech Grp (NYSE:EDU) in a research note released on Tuesday, April 25th. Therefore 90% are positive. Public Employees Retirement Association of Colorado boosted its position in shares of New Oriental Education & Tech Grp by 19.6% in the third quarter. The firm has "Buy" rating given on Thursday, February 4 by Mizuho. Finally, Goldman Sachs Group Inc raised New Oriental Education & Tech Grp from a "neutral" rating to a "buy" rating in a report on Tuesday. The firm has "Overweight" rating by JP Morgan given on Wednesday, January 18. They issued a "buy" rating and a $75.00 price objective on the stock.

Benchmark began new coverage on New Oriental Education & Technology Group, Inc. giving the company a "buy" rating. The firm has "Neutral" rating given on Thursday, July 21 by Nomura. On average, analysts predict that New Oriental Education & Tech Grp will post $1.73 earnings per share for the current fiscal year.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.


More news


  • Trump Boasted About Firing 'Nut Job' Comey to Russian Officials

    "I believe that's why the deputy attorney general went out and wrote his very, very strong letter", Trump said. One official had read quotations to the Times and another had confirmed the broad outlines of the discussion.
    All the beautiful photos from Pippa Middleton's wedding

    All the beautiful photos from Pippa Middleton's wedding

    Matthews! Pippa's sister Kate, the Duchess of Cambridge, will be there with her husband, Prince William, and Prince Harry. Middleton, whose sister is the Duchess of Cambridge, was to marry hedge fund manager James Matthews on Saturday.
    Monaco eager for Mbappe to stay amid Madrid links

    Monaco eager for Mbappe to stay amid Madrid links

    Monaco are desperate to keep in-demand forward Kylian Mbappe for at least another season, chief executive Vadim Vasilyev said. He has helped lead Monaco to their first title for 17 years and also into the semi-finals of the Champions League.
  • Who's In, Who's Out — FBI Director

    Who's In, Who's Out — FBI Director

    Gowdy, who had wide support from within the law enforcement community, said that he "would not be the right person" for the job. Joe Lieberman of CT on the shortlist of possible successors to fired FBI Director James B.

    Iran's Rouhani sweeps to second term

    In Tehran, more than five million people came out to vote, twice the number of 2013. There are videos of people dancing in the streets on social media.
    Celtics' Thomas out for rest of playoffs with hip injury

    Celtics' Thomas out for rest of playoffs with hip injury

    The two-time All-Star did not travel to Cleveland with the team and is now evaluating treatment options. Locked and loaded from the start, the Cavaliers were precise on both ends in the Game 2 bludgeoning.
  • President Trump Receives Royal Welcome in Saudi Arabia

    President Trump Receives Royal Welcome in Saudi Arabia

    Chris Murphy, D-Conn., denounced the latest deal in a HuffPost blog post. Apparently, the savings were enough to sway the Saudis.
    Protesters Beaten in 'Brutal Attack' During Turkish President's United States Visit

    Protesters Beaten in 'Brutal Attack' During Turkish President's United States Visit

    Cavusoglu said Thursday that the Trump administration "did not show any reaction" to the Turkish warning. John McCain also chimed in, calling for the Turkish ambassador to be removed from the U.S.

    North Korea vows to strengthen nuclear program as USA increases pressure

    Defense Secretary Jim Mattis speaks at the Pentagon, Friday, May 19, 2017, to give an update on the Islamic State group. The North also probably has a way to go before it can miniaturize a nuclear warhead to mount on such a missile.
  • Donald Trump 'belongs in an institution — Federal Bureau of Investigation director's father

    Among Republicans, 23 percent expressed disapproval of Trump in the latest poll, up from 16 percent in the same poll last week. Mark Warner, announced Friday that Comey will testify in an open setting before the committee.
    Learjet crash near New York City kills 2 crew members

    Learjet crash near New York City kills 2 crew members

    Emergency responders reached the scene shortly after the crash and worked for more than an hour to extinguish the blaze. According to CBS New York, the plane's registered owner is A&C Big Sky Aviation LLC in Billings, Montana.
    US, Saudi Arabia sign historic weapons deal worth almost  $110 billion

    US, Saudi Arabia sign historic weapons deal worth almost $110 billion

    Speaking on the possibility of a meeting between Hasina and Trump in Riyadh , Foreign Minister AH Mahmood said, "Let's see". Trump is set to deliver a speech Sunday in Riyadh about Islam to leaders from dozens of Arab and Muslim-majority nations.