With 1.26 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.92 million shares. The 52-week range on EDU shows that it touched its highest point at $97.23 and its lowest point at $44.46 during that stretch. It currently has a 1-year price target of $68.62. Beta for the stock currently stands at 0.47.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EDU was down-trending over the past week, with a drop of -1.58%, but this was down by -11.75% over a month. Three-month performance dropped to -2.47% while six-month performance fell -24.06%. The stock lost -40.41% in the past year, while it has lost -16.34% so far this year. A look at the trailing 12-month EPS for EDU yields 2.36 with Next year EPS estimates of 3.65. For the next quarter, that number is 0.75. This implies an EPS growth rate of 26.15% for this year and 27.56% for next year. EPS is expected to grow by 26.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.20%.
Float and Shares Shorts:
At present, 163.53 million EDU shares are outstanding with a float of 155.98 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EDU since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.37699 being high and $2.18607 being low. For EDU, this leads to a yearly average estimate of $2.30062. Based on analyst estimates, the high estimate for the next quarter is $0.37 and the low estimate is $0.22. The average estimate for the next quarter is thus $0.3.
