09901 NEW ORIENTAL-S
- 63.950
- -4.700-6.85%
NEW ORIENTAL-S News
Hong Kong Market Overview | The Hang Seng Index has risen six times in a row! Domestic housing stocks strengthened across the board, and Shimao Group soared more than 60%
Auto stocks improved. Evergrande Auto rose nearly 12%, and Zero Run rose more than 8%; big financial stocks generally rose, AIA Insurance rose more than 6%, and the Bank of China rose nearly 5%.
New Oriental-S (09901.HK): Maintaining profit forecasts and rapid expansion brings long-term growth elasticity
Key investment events: FY24Q3's revenue was US$1.21 billion (yoy +60.1%), exceeding previous performance guidelines (US$1.07 to US$1.09 billion). All business lines grew across the board, and network expansion accelerated. Division of labor
Changes in US dollar bonds | New Oriental EDU 2.125 07/02/25 price fell 1.619% to 95.430
The current price of EDU 2.125 07/02/25 issued by New Oriental on April 29th fell -1.619% with a yield of 6.244%.
Last Week's Worst-Performing Stocks: Are These 10 Large-Cap Stocks In Your Portfolio? (April 21-27, 2024)
With the earnings season in full swing, these ten large-cap stocks were the worst performers last week. Are they in your portfolio?LKQ Corporation (NASDAQ:LKQ) stock tumbled 12.3% after the company re
New Oriental-S (09901.HK): More focus on revenue trends and industry changes
The company released FY24Q3 financial report FY24Q3 (November 2023-February 24) revenue of $1.2 billion, up 60%; OP (operating profit) of 110 million, up 71%; non-GAA
New Oriental-S (9901.HK): The boom in quality education continues to put pressure on Oriental selection profits
Revenue exceeded expectations, profit growth slowed. The company released FY24Q3 results as of February 29, 2024. Q3 net revenue increased 60.1% year-on-year to US$1.21 billion, exceeding the previous quarter's guidance of 42% -45
Earnings Miss: New Oriental Education & Technology Group Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts
US stocks closed | PCE suspends inflation concerns, Google's performance soared more than 10% after that, and Nvidia rose more than 6%
The S&P Index rose 2.67% this week, and the NASDAQ rose 4.23%, all of which recorded the biggest weekly gain since November last year; the China General Index rose nearly 9% weekly, the biggest increase since July last year.
New Oriental Education Shares Are Trading Higher Amid Overall China Strength.
New Oriental Education Shares Are Trading Higher Amid Overall China Strength.
New Oriental needs a new story: revenue soared in a single quarter, but the stock price dived 14% in one day
US stocks closed on April 25, Beijing time, and the New Oriental (EDU.NYSE) stock price fell nearly 14%. After the opening of the Hong Kong stock market on the same day, the intraday stock price of New Oriental-S (9901.HK) once fell by more than 16%. At the beginning of March, its US stock price once reached 98.2 US dollars/share, a record high since the “double decline”. Since then, it has been in a state of constant decline.
New Oriental-S (09901.HK): Revenue continues to exceed the upper limit of the guideline, and selection drags down net profit to mother
Incident: According to the FY2024Q3 financial report, FY24Q3 achieved revenue of US$1,257 million, an increase of 60% over the previous year. The previous guidance was a 42%-45% increase, mainly due to new education businesses and Oriental selection of its own products and live streaming
New Oriental Education & Technology Group Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
New Oriental-S (9901.HK) FY2024 Third Quarterly Report Review: Revenue Exceeding Expectations, Profit Disturbed by Multiple Short-Term Factors
Incident: On the evening of April 24, New Oriental released its three-quarter report for the 2024 fiscal year. From December 2023 to February 2024, net revenue of US$1,207 million/yoy +60.1%, net profit to mother was zero
New Oriental-S (9901.HK): Accelerating the expansion of outlets and increasing the profitability of the main education business
Investment proposal: Taking into account the impact of short-term Oriental selection discounts and increased compensation, reduce the company's FY2024-2026 non-GAAP net profit to 4.15 (-20%) /5.91 (-15%) /7.8, respectively
BOC International: Maintaining the New Oriental-S (09901) “Buy” Rating and Lowering the Target Price to HK$89
The Zhitong Finance App learned that BOC International released a research report stating that the target price of the New Oriental-S (09901) was lowered to HK$89 without considering Oriental Selection (01797), corresponding to the price-earnings ratio of 33 and 27 times in FY2024/25 and 48% profit growth in FY2025, maintaining a “buy” rating. Due to increased investment in Oriental Selection, the Group's operating margin forecast was lowered from 14% and to 12.8%. The bank indicated that it raised revenue by 4% and 24% for the 2024/25 fiscal year, driven by Oriental Selection and the volume of cultural tourism revenue. After the quarterly results were released, the stock price closed down 14%, mainly due to profit
Changes in Hong Kong stocks | Oriental Selection (01797) rebounded more than 7%, and New Oriental increased its holdings by 1 million shares Goldman Sachs is optimistic that its gross operating margin improved in the fourth fiscal quarter
Oriental Selection (01797) rebounded by more than 7%, and fell by more than 10% yesterday. As of press release, it rose 7.27% to HK$17.12, with a turnover of HK$129 million.
Citi: Maintaining the New Oriental Education (EDU.US) rating, adjusted from buy to buy rating, and adjusted the target price from $66.00 to $127.00.
Citi: Maintaining the New Oriental Education (EDU.US) rating, adjusted from buy to buy rating, and adjusted the target price from $66.00 to $127.00.
New Oriental Education Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 04/25/2024 60.72% Citigroup $66 → $127 Maintains Buy 03/28/2024 20.22% Morgan Stanley $85 → $95 Maintains
Oriental Selection (01797.HK) received 1 million additional shares from New Oriental
Glonghui, April 26 | According to the Stock Exchange's latest equity disclosure data, on April 24, 2024, Oriental Selection (01797.HK) received New Oriental Education & Technology Group Inc. increased its holdings by 1 million shares at an average price of HK$17.3879 per share on the market, involving approximately HK$17.3879 million. After the increase in holdings, the latest number of shares held by New Oriental Education & Technology Group Inc. is 587,538
The Nasdaq Golden Dragon China Index initially closed up 0.8%. New Oriental, a popular Chinese securities stock, partially recovered its losses last day. JD rose 1.2%, Baidu rose 0.7%, NetEase and Xiaopeng rose 0.1%, while Pinduoduo fell 1.3%, Ideal 1.7%,
The Nasdaq Golden Dragon China Index initially closed up 0.8%. New Oriental, a popular Chinese securities stock, partially recovered its losses last day. JD rose 1.2%, Baidu rose 0.7%, NetEase and Xiaopeng rose 0.1%, while Pinduoduo fell 1.3%, Ideal 1.7%, Station B fell 1.8%, and Canan Technology fell 6.2%.
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