Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

Strange: Bullish EDU Analysts Actually See -8.77% Downside

Thu, Apr 20, 1:24 PM ET, by ETF Channel

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with New Oriental Education & Technology Group Inc (EDU). The average 12-month price target for EDU averaging the work of 4 analysts reveals an average price target of $56.92/share. That's a whopping -8.77% below where EDU has been trading recently at $62.40/share. With this kind of downside potential (should EDU fall to that price target), one might expect to see a high concentration of "hold" or even "sell" ratings on the stock. Yet, take a look at the bullishness:

Recent EDU Analyst Ratings Breakdown
Current 1 Month Ago 2 Month Ago 3 Month Ago
Strong buy ratings: 2 3 3 3
Buy ratings: 1 1 1 1
Hold ratings: 0 0 1 1
Sell ratings: 0 0 0 0
Strong sell ratings: 0 0 0 0
Average rating: 1.17 1.13 1.5 1.5

The average rating presented in the last row of the table above is from 1 to 5, where 1 would be a consensus Strong Buy and 5 would be a consensus Strong Sell. In the middle, 3 would be a Hold. So anything below 3 leans toward Buy as the average analyst sentiment. The average rating of 1.17 for EDU leans strongly towards the bullish end of the spectrum, yet the EDU price target paints a different picture. Clearly, there is something more to the story here that is worth investigating for investors looking at New Oriental Education & Technology Group Inc. Of course, the average price target is just that a mathematical average, and is only one metric. There are analysts with higher targets than the average, including one looking for a price of $62.00. And then on the other side of the spectrum one analyst has a target as low as $52.70. The standard deviation is $4.777.

But the whole reason to look at the average in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes much like with guessing the number of jelly beans in a jar, where the average guess tends to be very close. And so with EDU trading so far above that average target price of $56.92/share, the -8.77% downside to that average target does seem to be a paradox against the bullish analyst ratings. Might analysts be behind the curve with their targets and upward adjustments are forthcoming? Or, is it time for some of these analysts to turn bearish and downgrade on valuation? One thing is for sure: this apparent paradox makes for a good "signal" to investors in EDU to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for New Oriental Education & Technology Group Inc. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on EDU FREE.

Read the original article at ETF Channel: Strange: Bullish EDU Analysts Actually See -8.77% Downside


SDI Glossary: "Analyst" Definition
SDI Glossary: "Broker" Definition
SDI Glossary: "Bullish" Definition
SDI Glossary: "Channel" Definition
SDI Glossary: "price" Definition
This Article's Word Cloud:   Analyst   Channel   Education   Group   Hold   Month   Oriental   Sell   Strong   Technology   Zacks   above   adsbygoogle   analyst   analysts   article   average   below   bullish   consensus   downside   have   here   investors   just   leans   look   looking   mathematical   number   paradox   price   rating   ratings   right   sell   sentiment   share   spectrum   target   targets   that   their   these   this   time   trading   where   with   would

| More

Alexion Pharmaceuticals Moves Up In Analyst Rankings, Passing EOG Resources
Fri, Apr 28, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

iShares Residential Real Estate Capped Breaks Below 200-Day Moving Average - Notable for REZ
Fri, Apr 28, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the iShares Residential Real Estate Capped ETF (REZ) crossed ...

IBDL Crosses Above Key Moving Average Level
Fri, Apr 28, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the iBonds Dec 2020 Term Corporate ETF (IBDL) crossed ...

SPLV, DTE, PNW, ES: ETF Inflow Alert
Fri, Apr 28, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SPLV, DTE, PNW, ES Exchange traded funds (ETFs) trade just ...

PPC Crosses Above Average Analyst Target
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of Pilgrims Pride Corp. (PPC) have crossed above the average analyst ...

Forward Air Reaches Analyst Target Price
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of Forward Air Corp (FWRD) have crossed above the average analyst ...

Entegris Reaches Analyst Target Price
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of Entegris Inc (ENTG) have crossed above the average analyst 12-month ...

Z Crosses Above Average Analyst Target
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of Zillow Group Inc (Z) have crossed above the average analyst ...

The LRCX Paradox: Analysts Bullish But Forecast -1.12% Fall
Fri, Apr 28, 9:15 AM ET, by ETF Channel

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a ...

PYPL Crosses Above Average Analyst Target
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of PayPal Holdings Inc (PYPL) have crossed above the average analyst ...

TREE Crosses Above Average Analyst Target
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of LendingTree Inc (TREE) have crossed above the average analyst 12-month ...

Everbridge Reaches Analyst Target Price
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of Everbridge Inc (EVBG) have crossed above the average analyst 12-month ...

IPGP Crosses Above Average Analyst Target
Fri, Apr 28, 9:15 AM ET, by ETF Channel

In recent trading, shares of IPG Photonics Corp (IPGP) have crossed above the average analyst ...

TRI Crosses Above Average Analyst Target
Fri, Apr 28, 8:54 AM ET, by ETF Channel

In recent trading, shares of Thomson Reuters Corp (TRI) have crossed above the average analyst ...

FTXR's Underlying Holdings Imply 11% Gain Potential
Fri, Apr 28, 8:54 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

PII Crosses Above Average Analyst Target
Fri, Apr 28, 8:54 AM ET, by ETF Channel

In recent trading, shares of Polaris Industries Inc. (PII) have crossed above the average analyst ...

WST Crosses Above Average Analyst Target
Fri, Apr 28, 8:54 AM ET, by ETF Channel

In recent trading, shares of West Pharmaceutical Services, Inc. (WST) have crossed above the average ...

TWI Crosses Above Average Analyst Target
Fri, Apr 28, 8:54 AM ET, by ETF Channel

In recent trading, shares of Titan International Inc (TWI) have crossed above the average analyst ...

Aqua America Reaches Analyst Target Price
Fri, Apr 28, 8:54 AM ET, by ETF Channel

In recent trading, shares of Aqua America Inc (WTR) have crossed above the average analyst ...

NOK Crosses Above Average Analyst Target
Fri, Apr 28, 8:54 AM ET, by ETF Channel

In recent trading, shares of Nokia Corp (NOK) have crossed above the average analyst 12-month ...

Lowe's Companies Reaches Analyst Target Price
Fri, Apr 28, 8:54 AM ET, by ETF Channel

In recent trading, shares of Lowe's Companies Inc (LOW) have crossed above the average analyst ...

LEMB: Large Outflows Detected at ETF
Thu, Apr 27, 11:54 AM ET, by ETF Channel

Symbols mentioned in this story: LEMB Exchange traded funds (ETFs) trade just like stocks, but ...

iShares Core MSCI Emerging Markets ETF Experiences Big Inflow
Thu, Apr 27, 11:54 AM ET, by ETF Channel

Symbols mentioned in this story: IEMG, NTES, CTRP, YUMC Exchange traded funds (ETFs) trade just ...

KIE, FNF, FAF, PRI: ETF Outflow Alert
Thu, Apr 27, 11:54 AM ET, by ETF Channel

Symbols mentioned in this story: KIE, FNF, FAF, PRI Exchange traded funds (ETFs) trade just ...

SPDR S&P Oil & Gas Exploration & Production ETF Experiences Big Inflow
Thu, Apr 27, 11:54 AM ET, by ETF Channel

Symbols mentioned in this story: XOP, RICE, EQT, COG Exchange traded funds (ETFs) trade just ...

15.9% of MGV Holdings Seeing Recent Insider Buys
Thu, Apr 27, 9:34 AM ET, by ETF Channel

A look at the weighted underlying holdings of the Vanguard Mega Cap Value ETF (MGV) ...

CCL Crosses Above Average Analyst Target
Thu, Apr 27, 9:24 AM ET, by ETF Channel

In recent trading, shares of Carnival Corp (CCL) have crossed above the average analyst 12-month ...

PBE's Holdings Could Mean 23% Gain Potential
Thu, Apr 27, 9:24 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

We Did The Math UOP Can Go To $33
Thu, Apr 27, 9:24 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

The Math Shows MLPX Can Go To $16
Thu, Apr 27, 9:24 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

The MZOR Paradox: Analysts Bullish But Forecast -14.85% Fall
Thu, Apr 27, 9:14 AM ET, by ETF Channel

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a ...

Maxwell Technologies Reaches Analyst Target Price
Thu, Apr 27, 9:14 AM ET, by ETF Channel

In recent trading, shares of Maxwell Technologies, Inc. (MXWL) have crossed above the average analyst ...

Bloomin' Brands Reaches Analyst Target Price
Thu, Apr 27, 9:14 AM ET, by ETF Channel

In recent trading, shares of Bloomin' Brands Inc (BLMN) have crossed above the average analyst ...

H.B. Fuller Reaches Analyst Target Price
Thu, Apr 27, 9:14 AM ET, by ETF Channel

In recent trading, shares of H.B. Fuller Company (FUL) have crossed above the average analyst ...

NMFC Crosses Above Average Analyst Target
Thu, Apr 27, 9:14 AM ET, by ETF Channel

In recent trading, shares of New Mountain Finance Corp (NMFC) have crossed above the average ...

Tanger Factory Outlet Centers a Top Ranked SAFE Dividend Stock With 4.4% Yield (SKT)
Thu, Apr 27, 8:14 AM ET, by ETF Channel

Tanger Factory Outlet Centers, Inc. (SKT) has been named to the Dividend Channel ''S.A.F.E. ...

MPC Named A Top Socially Responsible Dividend Stock
Thu, Apr 27, 8:14 AM ET, by ETF Channel

Marathon Petroleum Corp. (MPC) has been named a Top Socially Responsible Dividend Stock by Dividend ...

TechnipFMC Takes Over #129 Spot From Abbott Laboratories
Wed, Apr 26, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

FEZ: Large Inflows Detected at ETF
Wed, Apr 26, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: FEZ Exchange traded funds (ETFs) trade just like stocks, but ...

RSX, MBT, YNDX, VEON: ETF Outflow Alert
Wed, Apr 26, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: RSX, MBT, YNDX, VEON Exchange traded funds (ETFs) trade just ...

UPRO, MDT, MCD, ABBV: Large Outflows Detected at ETF
Wed, Apr 26, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: UPRO, MDT, MCD, ABBV Exchange traded funds (ETFs) trade just ...

SSO, MRK, UNH, AMGN: Large Outflows Detected at ETF
Wed, Apr 26, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SSO, MRK, UNH, AMGN Exchange traded funds (ETFs) trade just ...

PowerShares High Yield Equity Dividend Achievers Portfolio Experiences Big Outflow
Wed, Apr 26, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: PEY, PPL, CNP, ED Exchange traded funds (ETFs) trade just ...

EWP: ETF Inflow Alert
Wed, Apr 26, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: EWP Exchange traded funds (ETFs) trade just like stocks, but ...

EWZ: ETF Outflow Alert
Wed, Apr 26, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: EWZ Exchange traded funds (ETFs) trade just like stocks, but ...

15.2% of DVY Holdings Seeing Recent Insider Buys
Wed, Apr 26, 10:34 AM ET, by ETF Channel

A look at the weighted underlying holdings of the iShares Select Dividend ETF (DVY) shows ...

Healthstream Reaches Analyst Target Price
Wed, Apr 26, 10:34 AM ET, by ETF Channel

In recent trading, shares of Healthstream Inc (HSTM) have crossed above the average analyst 12-month ...

CDW Reaches Analyst Target Price
Wed, Apr 26, 10:24 AM ET, by ETF Channel

In recent trading, shares of CDW Corp (CDW) have crossed above the average analyst 12-month ...

ICHR Crosses Above Average Analyst Target
Wed, Apr 26, 10:24 AM ET, by ETF Channel

In recent trading, shares of Ichor Holdings Ltd (ICHR) have crossed above the average analyst ...

BIDU Crosses Above Average Analyst Target
Wed, Apr 26, 10:24 AM ET, by ETF Channel

In recent trading, shares of Baidu, Inc. (BIDU) have crossed above the average analyst 12-month ...

  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

Strange: Bullish EDU Analysts Actually See -8.77% Downside | Self Directed Investor | Copyright © 2008 - 2017, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of serious individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.