EDU New Oriental
- 82.170
- -1.570-1.87%
- 82.170
- 0.0000.00%
New Oriental News
Nayax Posts Weak Q1 Results, Joins GameStop, Iris Energy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Thursday.Shares of Nayax Ltd. (NASDAQ:NYAX) fell sharply in today's pre-market trading following weak
Changes in Hong Kong stocks | Xile Education (01769) rose more than 12%, leading education stocks, higher education, high-quality enterprises, and there is room for repair in the current valuation center
Education stocks were strong in early trading. As of press release, China Education Holdings (01769) rose 11.97% to HK$5.52; China Education Holdings (00839) rose 6.01% to HK$5.47; Zhonghui Group (00382) rose 5.66% to HK$2.8; and New Oriental-S (09901) rose 3.5% to HK$69.55.
[Broker Focus] China Merchants Securities maintains New Oriental (09901) “Highly Recommended” rating and believes it benefits from brand advantages
Jinwu Financial News | According to the China Merchants Securities Research Report, New Oriental (09901) FY24Q3 achieved revenue of 1.21 billion US dollars year-on-year, an increase of 60% year-on-year, exceeding unanimous market expectations. The adjusted net profit to mother was US$120 million, slightly lower than the market's agreed expectations. The profit margin of the education business continues to expand, and in the short term, it is slightly affected by the decline in gross margin of the self-operated live streaming business. The bank expects the company to benefit from brand advantages and continue to recover rapidly after the transformation. Short-term profit margins may be under pressure due to the promotion of proprietary products and staff wages in the live streaming business, but the profit margin of the education business continues to expand. As the red line of non-subject supervision continues to be clarified,
Research Alert: CFRA Maintains Buy Opinion On Shares Of New Oriental Education & Technology
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our revised target price of USD90 (from
China Galaxy Securities: Expected poor opportunities for recommending higher education and gaming sectors in the context of improving Hong Kong stock expectations
Along with the recent overall strengthening of the Hong Kong stock market, China Galaxy Securities proposes to focus on higher education and gaming sectors with large differences in expectations and attractive valuations.
[Broker Focus] Zheshang Securities maintains New Oriental (09901) “buy” rating, indicating that the education business profit margin repair path is still clear
Jinwu Financial News | According to the Zheshang Securities Research Report, New Oriental (09901) FY2024Q3's revenue was US$1.21 billion, up 60% year on year, higher than the 42%-45% year-on-year growth range of the company's second-quarter guidance. Apart from the continued recovery in the education business, Dongfang Selection showed a high increase in this quarter, driven by Proprietary Brand Day and launched with Huixing, which is the main reason why the revenue side exceeded expectations this time. FY2024q3non-GAAP operating profit and margin were US$141 million and 11.7%, respectively; FY2024q3non-GAAP net profit to mother
Changes in Hong Kong stocks | Excellent Education Group (03978) rose more than 11%, leading the education stock industry's revenue exceeded expectations, and education policy improved marginally
Education stocks were the highest, with Excellence Education Group (03978) rising 11.6% to HK$3.56; New Oriental-S (09901) rising 5.21% to HK$63.65; and Thinking Music Education (01769) rising 4.61% to HK$4.77.
[Broker Focus] The target price of Shanghai Shengxin Oriental (09901) is still optimistic about the long-term development prospects of the industry until HK$87.1
Jinwu Financial News | According to the First Shanghai Development Research Report, as of February 29, '24, New Oriental (09901) FY24Q3 was +60.1% year-on-year to US$1.27 billion, higher than the previous company's performance guidelines (US$1,071-US$1,094 million). Net operating profit of USD 113 million, +70.6% year over year; non-GAAP operating profit of USD 141 million, +60.3% year over year; profit to mother of USD 87 million, +6.8% year over year. Non-GAAP net profit was $105 million, +9.8% YoY. The bank refers to maintaining long-term development for the industry
Express News | NYSE Order Imbalance 77536.0 Shares on Sell Side
Trending Industry Today: Bilibili Leads Gains In Online Education Stocks
May 2nd - The industry of $Online Education(BK2435.US)$ is trending up in regular trading hours with 9 constituents up, 4 constituents down and Bilibili leading Gains.$Bilibili(BILI.US)$ gets a 15.71%
Deutsche Bank, Daqo New Energy And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining over 50 points on Monday.Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) fell sharply in today's pre-market trading after
Last Week's Worst-Performing Stocks: Are These 10 Large-Cap Stocks In Your Portfolio? (April 21-27, 2024)
With the earnings season in full swing, these ten large-cap stocks were the worst performers last week. Are they in your portfolio?LKQ Corporation (NASDAQ:LKQ) stock tumbled 12.3% after the company re
Earnings Miss: New Oriental Education & Technology Group Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts
US stocks closed | PCE suspends inflation concerns, Google's performance soared more than 10% after that, and Nvidia rose more than 6%
The S&P Index rose 2.67% this week, and the NASDAQ rose 4.23%, all of which recorded the biggest weekly gain since November last year; the China General Index rose nearly 9% weekly, the biggest increase since July last year.
Express News | New Oriental Education Shares Are Trading Higher Amid Overall China Strength
Trending Stocks Today: Freight Technologies Shoots up 32.42% Pre-Market
April 26th - US stocks trending pre-market: Gainers: $Freight Technologies(FRGT.US)$ shoots up 32.42% to $1.21 with a turnover of $5.28 million. $Snap Inc(SNAP.US)$ soars 25.17% to $14.27 with a turno
New Oriental Education & Technology Group Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
[Broker Focus] Shen Wan Hongyuan maintains New Oriental (09901) purchase rating, indicating speeding up production capacity expansion and increasing profit measurement
Jinwu Financial News | According to Shen Wan Hongyuan Research Report, New Oriental (09901) announced results for the third quarter of FY24 (3QFY24, 2023.12-2024.2), with revenue of US$1.27 billion, up 60.1% year on year, and non-GAAP net profit of US$105 million, up 9.8% year on year. Revenue exceeded expectations, and its high growth continued to be driven by the literacy training business and study abroad business. According to the bank, because the company further increased the speed of network expansion, the company's operating profit margin remained flat year-on-year due to preemptive costs such as rent and hiring additional teachers. However, the bank believes that it has been reported in multiple quarters
Trending Industry Today: EAST BUY Leads Gains In Online Education Stocks
April 26th - The industry of $Online Education(BK1193.HK)$ is trending higher today with 5 constituents up and EAST BUY leading Gains.$EAST BUY(01797.HK)$ up 8.27% to HK$17.28 with a turnover of HK$32
[Broker Focus] Northeast Securities maintains the New Oriental-S (09901) “buy” rating, indicating that its advantages are prominent in the current supply and demand pattern
Jinwu Financial News | According to the Northeast Securities Research Report, New Oriental-S (09901) released Summary] FY2024Q3 Quarterly Report. From December 2023 to February 2024, the company achieved net revenue of US$1.27 billion/+60.1%, operating profit of US$113 million/ +70.6%, net profit to mother of US$87 million/ +6.8%, non-GAAP operating profit of US$141 million/ +60.3%, non-GAAP net profit of US$105 million/ +9.8%; the revenue side exceeded the previous period Guideline 10.71-10
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