China Distance Education Holdings Ltd. (NYSE:DL) will be issuing its Q416 quarterly earnings data on Tuesday, November 29th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $35.70 million for the quarter.

China Distance Education Holdings (NYSE:DL) last announced its quarterly earnings data on Tuesday, August 23rd. The company reported $0.23 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.12. China Distance Education Holdings had a return on equity of 45.12% and a net margin of 24.01%. The firm had revenue of $30.80 million for the quarter, compared to the consensus estimate of $28.10 million. During the same quarter last year, the business posted $0.16 earnings per share. On average, analysts expect China Distance Education Holdings to post $0.72 EPS for the current fiscal year and $0.81 EPS for the next fiscal year.

Earnings History for China Distance Education Holdings (NYSE:DL)

China Distance Education Holdings Ltd. (NYSE:DL) opened at 13.40 on Friday. China Distance Education Holdings Ltd. has a 12 month low of $8.97 and a 12 month high of $15.83. The stock has a market cap of $446.51 million, a P/E ratio of 17.03 and a beta of 1.87. The company’s 50-day moving average price is $13.29 and its 200-day moving average price is $11.79.

Several brokerages recently issued reports on DL. Credit Suisse Group AG upgraded China Distance Education Holdings from an “underperform” rating to a “neutral” rating in a research report on Friday, September 2nd. Piper Jaffray Cos. reiterated a “buy” rating and set a $14.00 target price on shares of China Distance Education Holdings in a research report on Wednesday, August 24th. Finally, TheStreet cut China Distance Education Holdings from a “buy” rating to a “hold” rating in a research report on Monday, August 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $12.18.

Several large investors have recently added to or reduced their stakes in DL. The Manufacturers Life Insurance Company purchased a new stake in China Distance Education Holdings during the third quarter worth $123,000. D. E. Shaw & Co. Inc. boosted its stake in China Distance Education Holdings by 17.5% in the third quarter. D. E. Shaw & Co. Inc. now owns 57,567 shares of the company’s stock worth $744,000 after buying an additional 8,562 shares in the last quarter. Bamco Inc. NY purchased a new stake in China Distance Education Holdings during the third quarter worth $1,163,000. Morgan Stanley boosted its stake in China Distance Education Holdings by 94.9% in the third quarter. Morgan Stanley now owns 149,307 shares of the company’s stock worth $1,929,000 after buying an additional 72,688 shares in the last quarter. Finally, FIL Ltd boosted its stake in China Distance Education Holdings by 3.5% in the second quarter. FIL Ltd now owns 1,257,400 shares of the company’s stock worth $13,002,000 after buying an additional 42,100 shares in the last quarter. Institutional investors and hedge funds own 19.64% of the company’s stock.

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China Distance Education Holdings Company Profile

China Distance Education Holdings Limited (CDEL) is a holding company, which is engaged in providing online and offline education services, and selling related products in the People’s Republic of China (PRC). The Company focuses on professional education, and helping professionals that aim to obtain and maintain professional licenses.

5 Day Chart for NYSE:DL

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