NG

New Oriental Education & Technology Group

EDU
NYSEConsumer Discretionary
$46.67
USD
+1.47(+3.25%)
At close: Jun 12, 20:00 UTC

Open

$46.81

Prev. Close

$46.81

High

$46.83

Low

$46.67

Market Snapshot

Market Cap

$7.42B

P/E Ratio

17.7

EPS

2.40

Revenue

$4.82B

Why EDU moved

Goldman Sachs upgraded New Oriental Education, highlighting its strong US$5.4 billion net cash position and promising opportunities for margin expansion within the education technology sector.

About

New Oriental Education & Technology Group Inc is a CN-based company operating in Diversified Consumer Services industry. New Oriental Education & Technology Group Inc is a holding company principally engaged in the provision of a variety of educational programs, services and products. The firm primarily operates four segments. Educational Services and Test Preparation Courses segment is mainly engaged in the provision of educational services and test preparation courses and online education services. Private Label Products and Livestreaming E-Commerce segment is mainly engaged in the sale of private label products and livestreaming e-commerce business through East Buy. Overseas Study Consulting Services segment mainly helps students through the application and admission process for overseas educational institutions, provides college, graduate and career counseling advice, and counsels and assists students with the immigration process for overseas studies, such as obtaining visas and arranging housing. Other segment is mainly engaged in educational materials and distribution and other businesses.

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