Wall Street Consensus Watch on New Oriental Education & Technology Group, Inc. (NYSE:EDU)

In the most recent trading session, New Oriental Education & Technology Group, Inc. (NYSE:EDU) shares saw a move of -0.46%. Covering Wall Street analysts have a consensus target price of $55.76 on the stock. Target predictions might differ vastly from analyst to analyst. This target is applying estimates from analysts polled by Thomson Reuters. 

Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. New Oriental Education & Techno currently has a P/E Ratio of 33.39. Investors might also evaluate a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio under one, it may be seen as undervalued. If a company has a PEG Ratio over one, it may represent that the company is overvalued. A PEG Ratio near one may be viewed as fair value. Currently, the company has a PEG Ratio of 0.00.

Looking at stock performance, company shares have recently traded $0.77 away from the 50-day moving average of $49.42 and $5.79 away from the 200-day moving average of $44.40. The stock has been recently noted -5.98% off of the 52-week high of 53.38 and +83.18% off of the 52-week low of 27.40. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.