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New Oriental Education is likely to deliver a Q4 FY 2024 results beat, thanks to faster-than-expected learning center expansion, lower-than-expected marketing costs, and positive operating leverage. New Oriental Education is attractively valued at a PEG multiple of 0.74 times. My rating for EDU stock is revised to a Buy, considering the stock's current valuations and its fourth quarter results preview.
New Oriental (EDU) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
New Oriental Education & Technology Group Inc. (EDU) Q2 2024 Earnings Call Transcript
New Oriental's (EDU) fiscal second-quarter 2024 results are likely to reflect growth in demand for its global test preparation business, along with increased number of schools and learning centers.
New Oriental (EDU) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Does New Oriental Education (EDU) have what it takes to be a top stock pick for momentum investors? Let's find out.
The mean of analysts' price targets for New Oriental (EDU) points to a 28.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are AGS, TTI, PRDO, ERIE, EDU.
After getting hit hard in 2022 along with the rest of global equity markets, Chinese stocks are making a bull run.
ERIE, RCL, EDU, ACGL and RM have been added to the Zacks Rank #1 (Strong Buy) List on August 3, 2023.