New Oriental Education & Technology (EDU) Jumps: Stock Up 5.6%

New Oriental Education & Technology Group Inc. EDU was a big mover last session, as the company saw its shares rise roughly 6% on the day. This led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 10.7% in the last one month.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

New Oriental Education & Technology currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Another top-ranked education stock is Lincoln Educational Services Corporation LINC, sporting the same Zacks Rank as New Oriental.

Is EDU going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
LINCOLN EDUCATL (LINC): Free Stock Analysis Report
 
NEW ORIENTAL ED (EDU): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Advertisement