RISE Education Cayman Ltd (NASDAQ:REDU) has earned a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation. RISE Education Cayman’s rating score has declined by 50% in the last 90 days as a result of various analysts’ upgrades and downgrades.

Brokerages have set a one year consensus target price of $12.00 for the company and are expecting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given RISE Education Cayman an industry rank of 91 out of 255 based on the ratings given to its competitors.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of RISE Education Cayman from a “sell” rating to a “hold” rating in a report on Wednesday, December 19th. Morgan Stanley cut shares of RISE Education Cayman from an “overweight” rating to an “equal weight” rating and set a $9.78 price objective for the company. in a report on Monday, March 25th.

Shares of RISE Education Cayman stock traded down $0.16 on Thursday, hitting $10.28. The company had a trading volume of 26,350 shares, compared to its average volume of 27,241. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.10 and a quick ratio of 1.09. The stock has a market capitalization of $556.05 million, a PE ratio of 25.70 and a beta of 0.70. RISE Education Cayman has a 52 week low of $6.70 and a 52 week high of $18.18.

RISE Education Cayman (NASDAQ:REDU) last posted its quarterly earnings data on Thursday, March 14th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.03). The company had revenue of $51.51 million during the quarter. RISE Education Cayman had a net margin of 11.31% and a return on equity of 37.63%. On average, analysts forecast that RISE Education Cayman will post 0.47 earnings per share for the current fiscal year.

A number of large investors have recently modified their holdings of the stock. Truvestments Capital LLC bought a new stake in RISE Education Cayman during the first quarter worth approximately $86,000. Northern Trust Corp lifted its position in shares of RISE Education Cayman by 11.7% in the 4th quarter. Northern Trust Corp now owns 12,337 shares of the company’s stock valued at $98,000 after acquiring an additional 1,295 shares in the last quarter. BlackRock Inc. lifted its position in shares of RISE Education Cayman by 9.0% in the 4th quarter. BlackRock Inc. now owns 68,128 shares of the company’s stock valued at $542,000 after acquiring an additional 5,619 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of RISE Education Cayman by 108.9% in the 3rd quarter. Morgan Stanley now owns 2,169,350 shares of the company’s stock valued at $25,664,000 after acquiring an additional 1,130,703 shares in the last quarter. Hedge funds and other institutional investors own 15.29% of the company’s stock.

RISE Education Cayman Company Profile

RISE Education Cayman Ltd, through its subsidiaries, provides junior English language training services under the RISE brand name in the People's Republic of China. The company offers a range of educational programs, services, and products, including educational courses, sale of course materials, franchise services, and study tours.

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