Wall Street analysts forecast that Bright Scholar Education Holdngs Ltd-ADR (NYSE:BEDU) will post $0.02 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Bright Scholar Education Holdngs’ earnings. The business is scheduled to report its next quarterly earnings report after the market closes on Wednesday, November 7th.
On average, analysts expect that Bright Scholar Education Holdngs will report full-year earnings of $0.33 per share for the current fiscal year, with EPS estimates ranging from $0.32 to $0.33. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.43 per share, with EPS estimates ranging from $0.39 to $0.47. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Bright Scholar Education Holdngs.
BEDU has been the topic of a number of recent analyst reports. ValuEngine cut shares of Bright Scholar Education Holdngs from a “buy” rating to a “hold” rating in a research note on Monday, July 16th. Morgan Stanley cut shares of Bright Scholar Education Holdngs from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, October 2nd. Zacks Investment Research cut shares of Bright Scholar Education Holdngs from a “hold” rating to a “sell” rating in a research note on Thursday, October 4th. Finally, TheStreet cut shares of Bright Scholar Education Holdngs from a “c-” rating to a “d” rating in a research note on Monday, August 13th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Bright Scholar Education Holdngs presently has a consensus rating of “Hold” and an average price target of $17.00.
BEDU traded up $0.49 during trading on Friday, hitting $12.90. The stock had a trading volume of 299,394 shares, compared to its average volume of 262,126. The stock has a market capitalization of $1.55 billion, a P/E ratio of 51.60 and a beta of 0.82. Bright Scholar Education Holdngs has a twelve month low of $9.13 and a twelve month high of $23.99.
Bright Scholar Education Holdngs Company Profile
Bright Scholar Education Holdings Limited operates K-12 schools in China. Its schools comprise international schools, bilingual schools, and kindergartens. The company also offers a range of complementary education services, including international camps and after-school programs. As of May 31, 2018, it had a network of 67 schools with approximately 35,275 students.
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