Bright Scholar Education Holdings Limited [BEDU] stock is down -0.82 while the S&P 500 has risen 0.26% on Wednesday, 12/02/20. While at the time of this article, BEDU ATR is sitting at 0.25, with the beta value at 1.00. This stock’s volatility for the past week remained at 3.96%, while it was 3.82% for the past 30-day period. BEDU has fallen -$0.05 from the previous closing price of $6.10 on volume of 47930.0 shares.
On 3, December 2020, Bright Scholar Announces its St. Michael’s School Wins the Sunday Times Welsh Independent School of the Decade Award. According to news published on Yahoo Finance, Bright Scholar Education Holdings Limited (“Bright Scholar” or the “Company”) (NYSE: BEDU), a global premier education service company, today announced that St. Michael’s School in Llanelli, a Bright Scholar overseas school, has been named “The Welsh Independent School of the Decade” by Sunday Times Schools Guide published online on November 29, 2020. The prestigious award was bestowed by the Sunday Times and the Parent Power publication, acknowledging its consistent academic excellence over the past 10 years.
Analyst Birdseye View:
The most recent analyst activity for Bright Scholar Education Holdings Limited [NYSE:BEDU] stock was on December 12, 2019, when it was Downgrade with a Neutral rating from Goldman, which also lowered its 12-month price target on the stock from $10.80 to $9.80. Before that, on January 10, 2020, Morgan Stanley Recapitulated an Equal-weight rating and elevated its amount target to $9.50. On May 24, 2019, Morgan Stanley Downgrade an Underweight rating. On March 29, 2019, Goldman Upgrade a Buy rating. On December 03, 2018, Goldman Initiated a Neutral rating. On March 08, 2018, JP Morgan Initiated an Overweight rating. On January 08, 2018, Morgan Stanley Downgrade an Equal-weight rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $5.51 and a peak of $9.75. Right now, according to Wall Street analyst the average 12-month amount target is $7.15. At the most recent market close, shares of Bright Scholar Education Holdings Limited [NYSE:BEDU] were valued at $6.05. According to the average price forecast, investors can expect a potential return of -4.06%.
Bright Scholar Education Holdings Limited [NYSE:BEDU] most recently reported quarterly sales of 93.03 billion, which represented growth of -8.40%. This company’s Gross Margin is currently 36.30%, its Operating Margin is 9.10%, its Pretax Margin is +7.24, and its Net Margin is +4.78. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.72, 5.87, 5.18 and 2.79 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 64.83 and the whole liability to whole assets at 46.62. It shows enduring liability to the whole principal at 50.07 and enduring liability to assets at 0.36 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 5.94 points at 1st support level, the second support level is making up to 5.78. But as of 1st resistance point, this stock is sitting at 6.33 and at 6.56 for 2nd resistance point.
Bright Scholar Education Holdings Limited [BEDU] reported its earnings at -$0.08 per share in the fiscal quarter closing of 8/30/2020. The Analysts for Wall Street were expecting to report its earnings at $0.02/share signifying the difference of -0.1 and -500.00% surprise value. Comparing the previous quarter ending of 5/30/2020, the stated earnings were $0.07 calling estimates for $0.08/share with the difference of -0.01 depicting the surprise of -12.50%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Bright Scholar Education Holdings Limited [NYSE:BEDU] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.20. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.95 and showing 30.20 of P/E (TTM) ratio.