Alert: Positive Investment/Fundamental Signals (12/9/24)-New Oriental Education & Technol (NYSE: EDU)

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New Oriental Education & Technol (NYSE: EDU) has recently enjoyed meaningful positive changes in fundamentals: the consensus estimate for May, 2025 increased significantly, the consensus estimate for May, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

New Oriental Education & Technol (NYSE: EDU) has recently enjoyed meaningful positive changes in investment behavior: the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

New Oriental Education & Technol has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. New Oriental Education & Technol has a neutral Appreciation Score of 42 but a poor Power Rating of 23, with the Negative Value Trend Rating the result.

Recent Price Action

New Oriental Education & Technol (NYSE: EDU) stock closed at $68.23 on 12/9/24 after a very large increase of 9.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 220% of normal. The stock has risen 17.0% during the last week but has been weak relative to the market over the last nine months.

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