Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / EDU - New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)

EDU - New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)

New Oriental Education & Technology Group Inc. Sponsored ADR representing 1

2024-07-12 02:54:08 ET

Summary

  • 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.

Elevator Pitch

My rating for New Oriental Education & Technology Group Inc. ( EDU ) shares is a Buy. I previously looked at EDU's financial prospects and shareholder capital return in my July 7, 2023 initiation piece ....

For further details see:

New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)
Stock Information
Company Name: New Oriental Education & Technology Group Inc. Sponsored ADR representing 1
Stock Symbol: EDU
Market: NYSE
Website: neworiental.org
Menu
EDU EDU Quote EDU Short EDU News EDU Articles EDU Message Board
Get EDU Alerts

News, Short Squeeze, Breakout and More Instantly...