Wall Street analysts predict that RISE Education Cayman Ltd (NASDAQ:REDU) will post $0.11 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for RISE Education Cayman’s earnings. RISE Education Cayman posted earnings per share of $0.12 in the same quarter last year, which would indicate a negative year-over-year growth rate of 8.3%. The business is scheduled to issue its next earnings results on Thursday, August 15th.

On average, analysts expect that RISE Education Cayman will report full-year earnings of $0.47 per share for the current year. For the next financial year, analysts expect that the business will post earnings of $0.56 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that that provide coverage for RISE Education Cayman.

RISE Education Cayman (NASDAQ:REDU) last posted its earnings results on Thursday, May 16th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm had revenue of $49.92 million during the quarter. RISE Education Cayman had a net margin of 10.77% and a return on equity of 35.60%.

Separately, Morgan Stanley lowered shares of RISE Education Cayman from an “overweight” rating to an “equal weight” rating and set a $9.78 target price for the company. in a report on Monday, March 25th.

Shares of NASDAQ:REDU traded up $0.16 during trading on Tuesday, hitting $9.29. 49,580 shares of the stock traded hands, compared to its average volume of 61,386. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $500.50 million, a P/E ratio of 23.23 and a beta of 0.87. The business’s fifty day simple moving average is $9.41. RISE Education Cayman has a 52-week low of $6.70 and a 52-week high of $14.92.

Large investors have recently bought and sold shares of the company. Truvestments Capital LLC purchased a new position in shares of RISE Education Cayman during the 1st quarter valued at approximately $86,000. Northern Trust Corp increased its holdings in shares of RISE Education Cayman by 11.7% during the 4th 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 in the last quarter. Finally, BlackRock Inc. increased its holdings in shares of RISE Education Cayman by 9.0% during the 4th quarter. BlackRock Inc. now owns 68,128 shares of the company’s stock valued at $542,000 after purchasing an additional 5,619 shares in the last quarter. 13.65% of the stock is owned by hedge funds and other institutional investors.

About RISE Education Cayman

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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