What is the stock price trajectory of New Oriental Education & Technology Group Inc. (EDU)?

New Oriental Education & Technology Group Inc. [EDU] stock prices are up up 0.50% to $22.16 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EDU shares have lost -13.77% over the last week, with a monthly amount drifted -14.14%, and not seem to be holding up well over a long-time horizon.

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On 27, July 2022, New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2022 and Adoption of up to US$400 Million Share Repurchase Program. In a post published today on Yahoo Finance, New Oriental Education & Technology Group Inc. (the “Company” or “New Oriental”) (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended May 31, 2022.

From an analyst’s perspective:

New Oriental Education & Technology Group Inc. [NYSE: EDU] stock has seen the most recent analyst activity on July 29, 2022, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $36.60 from $18.80. Previously, Macquarie upgraded its rating to Outperform on July 28, 2022. On June 23, 2022, downgrade downgraded it’s rating to Neutral. JP Morgan upgraded its rating to a Overweight and increased its price target to $24 on June 13, 2022. UBS upgraded its rating to a Buy. JP Morgan upgraded its rating to Neutral for this stock on May 02, 2022, and downed its price target to $14. In a note dated April 27, 2022, CLSA upgraded an Outperform rating on this stock and revised its target price from $15 to $11.20.

The stock price of New Oriental Education & Technology Group Inc. [EDU] has been fluctuating between $8.40 and $29.80 over the past year. Currently, Wall Street analysts expect the stock to reach $34.09 within the next 12 months. New Oriental Education & Technology Group Inc. [NYSE: EDU] shares were valued at $22.16 at the most recent close of the market. An investor can expect a potential return of 53.84% based on the average price forecast.

Analyzing the EDU fundamentals

The most recent quarter, New Oriental Education & Technology Group Inc. [NYSE:EDU] reported sales of 4.11 billion, representing a drop of -56.00%. Gross Margin for this corporation currently stands at +43.51% with Operating Margin at -31.64%, Pretax Margin comes in at -33.25%, and Net Margin reading is -38.25%. To continue investigating profitability, this company’s Return on Assets is posted at -14.68, Equity is -27.56, Total Capital is -16.87, and Invested Capital is -22.05. An extended look at the Principal structure reveals enduring liabilities to the total capital of 15.51 and enduring liabilities to assets of 11.28.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.95 points at the first support level, and at 21.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.54, and for the 2nd resistance point, it is at 22.91.

New Oriental Education & Technology Group Inc. [EDU] reported earnings per share of -$0.94 for its fiscal quarter that ended on 5/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.44/share, meaning a difference of $-0.5 and a surprise factor of -113.60%. By comparison, the stated earnings for the previous quarter ended on 5/30/2021 were $0.38 per share as compared to estimates of $0.35 per share, a difference of $0.03 representing a surprise of 8.60%.

Ratios To Look Out For

It’s worth pointing out that New Oriental Education & Technology Group Inc. [NYSE:EDU]’s Current Ratio is 2.60. Also, the Quick Ratio is 2.60, while the Cash Ratio stands at 2.45. Considering the valuation of this stock, the price to sales ratio is 0.74.