New Oriental Education & Technology Group Inc (EDU) Stock AnalysisEDUNew Oriental Education & Technology Group Inc

New Oriental Education & Technology Group Inc is a holding company principally engaged in the provision of a variety of educational programs, services and products. The Company primarily operates four segments. Educational Services and Test Preparation Courses segment is mainly engaged in the provision of educational services and test preparation courses and online education services. Private Label Products and Livestreaming E-Commerce segment is mainly engaged in the sale of private label products and livestreaming e-commerce business through East Buy. Overseas Study Consulting Services segment mainly helps students through the application and admission process for overseas educational institutions, provides college, graduate and career counseling advice, and counsels and assists students with the immigration process for overseas studies, such as obtaining visas and arranging housing. Other segment is mainly engaged in educational materials and distribution and other businesses. It operates in the Academic & Educational Services sector.

New Oriental Education & Technology Group Inc is a good buy right now, trading at $60.88 with a forward P/E of 12.25, which is attractive compared to the sector average. The company recently reported a 23% year-over-year revenue increase to $1.53 billion in Q4, exceeding expectations by $60 million, and has a strong gross margin of 53.10%. The main risk is the recent EPS surprise of -2.33%, indicating potential volatility ahead.

25 analysts cover EDU: 23 rate it Buy, 0 Hold and 2 Sell. The average price target is 68.00.