The leading market experts have placed a mean price target of $49.00 on New Oriental Education & Technology Group, Inc. (NYSE:EDU) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.08 a share for the upcoming quarter and $1.80 for the current fiscal.
The technical analysis of New Oriental Education & Techno plainly substantiates that the 50-day moving average of New Oriental Education & Techno is $42.28, and stock is trading $0.60 points away or +1.41% from its 50-day moving average of $42.28. Further it is trading $5.40 or +14.40% away its 200-day moving average of $37.48. New Oriental Education & Technology Group, Inc. (NYSE:EDU) 52-week high is $45.37 and the 52-week low is $18.09.
This explains if the stock moves $-2.49, it will post a 52-week high. In event of +137.04% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of New Oriental Education & Techno, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, New Oriental Education & Technology Group, Inc. (NYSE:EDU) ratio came in at 29.99.
The stock last ended the trading session at $42.88 and registered a market cap of $6.73B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. New Oriental Education & Technology Group, Inc. (NYSE:EDU) PEG ratio is at 1.32.
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