107.00 0.00 (0.00%)
After hours: 4:48PM EDT
|Bid||107.15 x 800|
|Ask||107.17 x 800|
|Day's Range||105.05 - 107.49|
|52 Week Range||50.30 - 109.90|
|Beta (3Y Monthly)||1.48|
|PE Ratio (TTM)||71.33|
|Earnings Date||Oct 21, 2019 - Oct 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||117.22|
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Amid the continuing U.S.-China trade war, Chinese education leader New Oriental is showing tremendous relative strength. A new buy point looms.
Top-rated education technology leader and IBD 50 stock Chegg is among the best growth stocks to watch as it tests a new buy zone.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
TAL Education earnings and guidance disappointed Thursday after New Oriental Education & Technology broke out Tuesday despite mixed fiscal Q4 results.
After today's stock market close, Chipotle and Visa will report quarterly results. The Street expects Chipotle to grow earnings 31% and Visa 10%.
NEW YORK, NY / ACCESSWIRE / July 23, 2019 / New Oriental Education & Technology Group, Inc. (NYSE: EDU ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on July ...
Quarterly Net Revenues Increased by 20.2% Year-Over-Year Quarterly Student Enrollments Increased by 33.9% Year-Over-Year Quarterly Operating Income Attributable to New Oriental Increased by 36.0% Year-Over-Year ...
We're breaking down our five key tips for playing earnings season to avoid getting burned by big gaps down in price — like what we just saw with Netflix earnings.
(Bloomberg) -- Netease Inc. is planning an initial public offering in the U.S. of its Youdao arm that could raise at least $300 million, people familiar with the matter said, propelling its expansion into a crowded online education arena.The company is working with Morgan Stanley and Citigroup Inc. on the share sale with a goal to list as early as in the third quarter, said the people, asking not to be identified as the information is private. A deal could value Youdao at about $2 billion, one of the people said. The firm could file confidentially as soon as in coming weeks, according to another person.Netease -- Tencent Holdings Ltd.’s closest competitor in the world’s biggest mobile gaming market -- is delving deeper into adjacent sectors from e-commerce to media content. Its Youdao arm, founded in 2006, explored several business models before settling on becoming an internet education platform about five years ago. It now offers everything from online dictionaries to math courses and prep classes for important certification-tests.The company completed its first round of financing in April last year at a post-money valuation of $1.12 billion, according to its website. Deliberations are at a preliminary stage and details of the share sale including fundraising size and timeline could still change, the people said. Representatives for Netease, Morgan Stanley and Citi declined to comment.Netease is trying to court investors during a volatile time for capital-raising, roiled by U.S.-Chinese trade tensions and worries about a global downturn. But it wants to grab a bigger slice of a market that’s projected to boom in coming years, and make headway against rivals from New Oriental Education & Technology Group to VIPKid and iTutorGroup. Online revenue from children at nurseries and students attending kindergartens up to high school, also known as the K-12 group, could rise 38% a year though 2022, Bloomberg Intelligence cites iResearch as saying.“Revenue contribution from online courses will likely increase for reputable tuition providers as more students from lower-tiered Chinese cities pay for access,” Bloomberg Intelligence analysts Catherine Lim and Sheng Tan Zhu wrote Monday. “New digital teaching technology may raise the learning efficiency of online students and increase their academic performance, fueling stronger demand.”\--With assistance from Zheping Huang.To contact the reporters on this story: Lulu Yilun Chen in Hong Kong at firstname.lastname@example.org;Crystal Tse in Hong Kong at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org;Fion Li at email@example.comFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Portfolio Manager Danton Goei on how the trade war is contributing to a dislocation in some Chinese stocks, creating opportunities for value investors Continue reading...
Beyond the size of the market, JD.com's (NASDAQ:JD) market share may be at risk. The company long has been a distant number two to Alibaba (NYSE:BABA). That said, evidence sprouted that JD.com was taking share, as Luce Emerson wrote back in 2017. However, that no longer appears to be the case, fading one of the declining reasons to buy JD stock.Source: Shutterstock Still, Alibaba is expected to lose market share again. But that share isn't going to JD.com. Rather, smaller rivals like Pinduoduo (NASDAQ:PDD) have stepped in. Additionally, other companies taking advantage of Tencent Holdings (OTCMKTS:TCEHY) app WeChat took market share for themselves.As we've seen in the U.S., technology allows smaller operators to compete head-to-head with massively larger firms. That's likely going to be the case in China as well. Therefore, JD.com stock faces risks as the underlying competition defends its existing turf.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rising Costs Hurts JD.com StockThe other concern is below the operating line. Part of the reason JD stock has rallied is because margins have expanded, notably in the first quarter. Years of investments have deflated profit, but that's starting to change. With JD heading to real profitability -- analysts expect over $1 in adjusted EPS in 2020 -- investor confidence has risen. * 7 A-Rated Stocks to Buy for the Rest of 2019 The question is whether that can hold. Some signs suggest that it might not. Management said in February that it would add 15,000 employees this year. Those plans appear to have changed.Multiple sources reported in April that the company was cutting 8% of its workforce. Soon afterwards, CEO Richard Liu wrote an internal letter citing huge losses in the company's logistics unit as the rationale for cutting the pay of delivery couriers. Liu elsewhere complained about "slackers" in his business, a complaint that drew scrutiny in the Chinese media. It also sparked discussions on social media amid debates over work-life balance in Chinese tech.To be sure, layoffs aren't necessarily bad news. And they don't mean that JD.com or JD Logistics are headed for declining earnings. JD.com hasn't just reduced its staff and delivery courier pay; it cut 10% of its executive workforce in February. Management explained this as a move to speed decision-making. Some pruning after growth makes sense.But the pressure on the logistics business is worrisome. Logistics is the bread-and-butter of Alibaba, JD.com's key competitor. Margins overall for JD.com are quite low: there's no room for pressure if the company must reverse its pay decision or cut the hours of staff elsewhere. It's not difficult to get the sense that JD.com is pushing its employees as hard as it can. And with adjusted operating margins under 2%, it has little recourse if they push back. The Case for JD StockAgain, this is not to say that JD stock is headed for a flameout. This still is the number-two e-commerce play in a still-growing market at a valuation that looks reasonable.But back above $30, the case does get a bit thinner. Plus, execution becomes more important. Below $20 late last year, JD.com stock was simply too cheap, priced for all but a worst-case scenario.But with the JD stock price more than 50% higher, that's not the case.And there are challenges to watch here. The Chinese economy still may not be that healthy. JD Logistics needs to get better; as Liu himself pointed out, the business only has two years' worth of cash left. Smaller competitors are coming. JD.com has a large enough, and profitable enough, business to thrive in this new environment. Unfortunately, the room for error is not what it used to be.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks to Buy for the Rest of 2019 * 7 Education Stocks to Buy for the Future of Academia * 5 Stocks to Buy as You Rebalance Your Portfolio The post JD Stock Has to Clear the Hurdles Facing Chinese Tech appeared first on InvestorPlace.
Today we are going to look at New Oriental Education & Technology Group Inc. (NYSE:EDU) to see whether it might be an...
Word of a China trade truce is prompting investors to take a fresh look at the region. There are a number of ways to play this turn of events.
The Dow Jones Industrial Average has seen poor Q2 performance by Walgreens Boot Alliance, United Health and Boeing. Small caps are rising bullishly again.
New Oriental Education and Strategic Education stocks are up over 59% year to date on higher enrollment numbers, projected growth and education program innovation
EDU stock is one of several stocks to watch in the IBD 50. After a 67% run this year, New Oriental Education is setting up in a new base.
Stock futures: The stock market is looking ahead to Trump-Xi China trade talks. But IBD 50 stocks Lululemon Athletica, ServiceNow, Baozun and New Oriental Education are in buy range.