RISE Education Cayman Ltd (NASDAQ:REDU) has earned an average broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation.

Brokerages have set a one year consensus price objective of $12.00 for the company, according to Zacks. Zacks has also given RISE Education Cayman an industry rank of 76 out of 256 based on the ratings given to related companies.

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. grew its holdings in RISE Education Cayman by 9.0% during the fourth quarter. BlackRock Inc. now owns 68,128 shares of the company’s stock valued at $542,000 after purchasing an additional 5,619 shares during the last quarter. Northern Trust Corp grew its holdings in RISE Education Cayman by 11.7% during the fourth quarter. Northern Trust Corp now owns 12,337 shares of the company’s stock valued at $98,000 after purchasing an additional 1,295 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new position in RISE Education Cayman during the first quarter valued at approximately $86,000. Institutional investors own 13.22% of the company’s stock.

NASDAQ:REDU traded down $0.16 during mid-day trading on Friday, reaching $8.70. The stock had a trading volume of 2,774 shares, compared to its average volume of 35,284. The company has a 50 day moving average of $9.26. RISE Education Cayman has a fifty-two week low of $6.70 and a fifty-two week high of $13.68. The company has a market cap of $493.93 million, a PE ratio of 21.75 and a beta of 0.86. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.98 and a current ratio of 0.98.

RISE Education Cayman (NASDAQ:REDU) last released its quarterly earnings data on Thursday, May 16th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. RISE Education Cayman had a return on equity of 35.60% and a net margin of 10.77%. The firm had revenue of $49.92 million for the quarter.

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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