Alert: Positive Investment/Fundamental Signals (10/8/24)-New Oriental Education & Technol (NYSE: EDU)

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Extremely important positive changes in investment behavior have recently occurred for New Oriental Education & Technol (NYSE: EDU). Positive developments: positive upside/downside volume developed, its longer term price trend turned up, and its shorter term price trend turned up. Negative development: the stock’s recent price decline challenged its longer term uptrend.

New Oriental Education & Technol (NYSE: EDU). Significant positive changes in fundamentals have recently occurred: the consensus estimate for May, 2025 increased significantly, and the consensus estimate for May, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of F. 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

EDU is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

New Oriental Education & Technol has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. New Oriental Education & Technol has a poor Power Rating of 30 and a poor Appreciation Score of 28, producing the Lowest Value Trend Rating.

Recent Price Action

On 10/8/24, New Oriental Education & Technol (NYSE: EDU) stock declined by -4.8%, closing at $75.78. Trading volume in this decline was normal. Relative to the market the stock has been weak over the last nine months and is unchanged during the last week.

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