As a famous private off-campus training institution in China, New Oriental Education was successfully listed on the New York Stock Exchange on September 7, 2006, then went through a second listing on the Hong Kong Stock Exchange on November 9, 2020.
Similarly What does New Oriental Education do? As the largest provider of private educational services in China, New Oriental offers education for a lifetime, teaching skills that give students a crucial competitive advantage in the workplace and help improve their quality of life.
Is New Oriental Education stock a buy? There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should « hold » New Oriental Education & Technology Group stock.
Additionally, Why is New Oriental Education stock down?
New Oriental Education & Technology has dropped over 87% since the beginning of the year as a result of Chinese regulatory crackdowns on for-profit tutoring companies.
Will New Oriental Education stock go up?
Stock Price Forecast
The 10 analysts offering 12-month price forecasts for New Oriental Education & Technology Group Inc have a median target of 24.25, with a high estimate of 180.00 and a low estimate of 15.00. The median estimate represents a +119.46% increase from the last price of 11.05.
Is New Oriental education stock a buy? There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should « hold » New Oriental Education & Technology Group stock.
Will New Oriental education stock go up? Stock Price Forecast
The 10 analysts offering 12-month price forecasts for New Oriental Education & Technology Group Inc have a median target of 24.25, with a high estimate of 180.00 and a low estimate of 15.00. The median estimate represents a +119.46% increase from the last price of 11.05.
Will TAL Education recover? There’s a case to be made that as Tal Education has dipped down in terms of both price and earnings-per-share, it is set to recover and resume a climb upward. However, in the short-term, it’s likely that other setbacks will continue to plague Tal Education, even as it makes incremental gains in future weeks.
Is EDU a Chinese stock?
Chinese education stocks New Oriental Education & Technology Group (NYSE: EDU), TAL Education Group (NYSE: TAL), and Gaotu Techedu (NYSE: GOTU) are among the biggest beneficiaries.
Is Tal a buy? Out of 7 analysts, 2 (28.57%) are recommending TAL as a Strong Buy, 0 (0%) are recommending TAL as a Buy, 3 (42.86%) are recommending TAL as a Hold, 0 (0%) are recommending TAL as a Sell, and 2 (28.57%) are recommending TAL as a Strong Sell.
What is Oriental Education System?
Oriental System of learning is the traditional method of learning practised in India during British times. In this method of learning, knowledge was imparted orally. There were no textbooks and proper curriculum. Students were taught at the house of the teacher.
Will Chinese education stocks recover? Morgan Stanley analysts forecasted that Chinese education stocks can recover in the double-digits as it expects further government support for vocational training. It are eyeing New Oriental and TAL Education as they have “ample cash” to operate new businesses like non-academic tutoring.
Will New Oriental recover?
In short, there’s no reason to expect New Oriental and its industry peers to ever recover.
Why are Chinese education stocks down?
New regulations enacted to curb the popularity of for-profit education have had a devastating effect on the education stocks, with both New Oriental and 17 Education shares losing 78% of their value each over the past three months, and Gaotu Techedu falling 82%.
Why is education important? Education develops critical thinking. This is vital in teaching a person how to use logic when making decisions and interacting with people (e.g., boosting creativity, enhancing time management). Education helps an individual meet basic job qualifications and makes them more likely to secure better jobs.
Should I buy TAL Education stock? Out of 7 analysts, 2 (28.57%) are recommending TAL as a Strong Buy, 0 (0%) are recommending TAL as a Buy, 3 (42.86%) are recommending TAL as a Hold, 0 (0%) are recommending TAL as a Sell, and 2 (28.57%) are recommending TAL as a Strong Sell.
Should I invest in TAL?
TAL scores best on the Value dimension, with a Value rank ahead of 77.7% of US stocks. The strongest trend for TAL is in Growth, which has been heading up over the past 155 days. TAL’s current lowest rank is in the Growth metric (where it is better than 4.23% of US stocks).
Will TAL Education Group stock go up? Stock Price Forecast
The 6 analysts offering 12-month price forecasts for TAL Education Group have a median target of 4.35, with a high estimate of 5.50 and a low estimate of 2.50. The median estimate represents a +44.76% increase from the last price of 3.01.
Is NIO in danger of being delisted?
Nio’s delisting risk is modest at this time. Investors should care more about the company’s path to profitability. When it gets there this year at the earliest, shareholders may hold the stock as it lists on an Asian exchange. Investors should check that their broker supports holding stocks listed on foreign exchanges.
What happens if a Chinese stock is delisted? If any delisting actually happens, the fund won’t be able to switch to the Hong Kong shares like other funds. But again, that would be at least two years away. Invesco says it will “fully comply” with the sanctions when the day comes.
What happens if a stock is delisted?
Here’s what happens when a stock is delisted. A company receives a warning from an exchange for being out of compliance. That warning comes with a deadline, and if the company has not remedied the issue by then, it is removed from the exchange and instead trades over the counter (OTC), meaning through a dealer network.
