New Oriental Education & Technology Group I (EDU): Today's Featured Diversified Services Winner

New Oriental Education & Technology Group I ( EDU) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 0.2%. By the end of trading, New Oriental Education & Technology Group I rose 86 cents (7.1%) to $12.90 on average volume. Throughout the day, 4.6 million shares of New Oriental Education & Technology Group I exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in a price between $12.19-$13.04 after having opened the day at $12.25 as compared to the previous trading day's close of $12.04. Other companies within the Diversified Services industry that increased today were: 51job ( JOBS), up 20.3%, WageWorks ( WAGE), up 12.6%, Oxygen Biotherapeutics ( OXBT), up 10%, and Daegis ( DAEG), up 7.9%.

New Oriental Education & Technology Group Inc. provides private educational services primarily in China. New Oriental Education & Technology Group I has a market cap of $1.88 billion and is part of the services sector. The company has a P/E ratio of 11.9, below the average diversified services industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7. Shares are down 49.9% 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 four rate it a hold.

TheStreet Ratings rates New Oriental Education & Technology Group I as a hold. 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.

On the negative front, China HGS Real Estate ( HGSH), down 20.3%, Digital Generation ( DGIT), down 16.8%, Spar Group ( SGRP), down 10.4%, and World Energy Solutions ( XWES), down 9.7%, were all laggards within the diversified services industry with KBR ( KBR) being today's diversified services industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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