New Oriental Education & Technology (EDU) Looks Attractive: Stock Adds 5.4% in Session

Zacks Equity Research

Tue, Nov 19, 2013, 4:11 AM

New Oriental Education & Technology Group Inc. (EDU) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now risen about 13% since Nov 12.

This education and training services company has seen 5 positive revisions in the last one month and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for New Oriental Education & Technology. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

New Oriental Education & Technology currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other educational services stocks with a favorable Zacks Rank include Xueda Education Group (XUE), ITT Educational Services Inc. (ESI) and Grand Canyon Education, Inc. (LOPE). While Xueda Education and ITT Educational Services hold a Zacks Rank #1 (Strong Buy), Grand Canyon Education carries a Zacks Rank #2 (Buy).

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NEW ORIENTAL EDUCATION AND TECH (EDU): Free Stock Analysis Report

XUEDA EDUCATION GROUP (XUE): Free Stock Analysis Report

ITT EDUCATIONAL SERVICES INC (ESI): Free Stock Analysis Report

GRAND CANYON EDUCATION INC (LOPE): Free Stock Analysis Report

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New Oriental Education & Technology (EDU) Looks Attractive: Stock Adds 5.4% in Session

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