|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||23.00 - 23.26|
|52-week range||23.00 - 23.26|
|Beta (5Y monthly)||0.53|
|PE ratio (TTM)||N/A|
|Earnings date||24 Apr 2023 - 28 Apr 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
New Oriental Education & Technology (NYSE: EDU) shareholders beat a surging market this week. The Chinese education services specialist's shares rose 17% through Friday afternoon trading, according to data provided by S&P Global Market Intelligence, compared to a 4% surge in the S&P 500. New Oriental on Wednesday announced fiscal fourth-quarter results for the period that ended in late May. Sales fell sharply as the company reduced its footprint in some areas while expanding more deeply into some established markets in big Chinese cities.
Today, you will hear from Stephen Yang, executive president and chief financial officer. New Oriental does not undertake any obligation to update any forward-looking statements except as required under applicable law. In addition, a webcast of conference call will be available on the Oriental Investor Relations website at investor.neworiental.org.
In this article we are going to estimate the intrinsic value of New Oriental Education & Technology Group Inc...