Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.6%. By the end of trading, New Oriental Education & Technology Group I rose $1.11 (8%) to $14.92 on average volume. Throughout the day, 3.9 million shares of New Oriental Education & Technology Group I exchanged hands as compared to its average daily volume of 5.1 million shares. The stock ranged in a price between $13.84-$15 after having opened the day at $13.99 as compared to the previous trading day's close of $13.81. Other companies within the Services sector that increased today were:
), up 57.3%,
), up 34.8%,
), up 21.5%, and
), up 17%.
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New Oriental Education & Technology Group Inc. provides private educational services primarily in China. New Oriental Education & Technology Group I has a market cap of $2.29 billion and is part of the
industry. The company has a P/E ratio of 14.4, below the average diversified services industry P/E ratio of 17 and below the S&P 500 P/E ratio of 17.7. Shares are down 40% year to date as of the close of trading on Thursday. Currently there are four analysts that rate New Oriental Education & Technology Group I a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates New Oriental Education & Technology Group I as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.
- You can view the full New Oriental Education & Technology Group I Ratings Report.
On the negative front,
), down 21.7%,
), down 11.4%,
), down 10.7%, and
), down 10.4%, were all laggards within the services sector with
) being today's services sector laggard.
- Use our services section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider
) while those bearish on the services sector could consider
- Find other investment ideas from our top rated ETFs lists.
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