RYB Education (RYB) Issues Quarterly Earnings Results, Beats Expectations By $0.11 EPS
RYB Education (NYSE:RYB) announced its earnings results on Tuesday. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.11, Fidelity Earnings reports.
Shares of NYSE:RYB opened at $20.57 on Wednesday. RYB Education has a 52 week low of $15.50 and a 52 week high of $31.80. The company has a market capitalization of $558.07 million and a price-to-earnings ratio of 76.19.
RYB has been the topic of several recent research reports. Credit Suisse Group reaffirmed a “neutral” rating on shares of RYB Education in a research note on Thursday, May 31st. Zacks Investment Research raised shares of RYB Education from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th. ValuEngine raised shares of RYB Education from a “hold” rating to a “buy” rating in a research note on Saturday, July 28th. Finally, Jefferies Financial Group initiated coverage on shares of RYB Education in a research note on Monday, July 23rd. They set a “buy” rating and a $27.00 target price on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. RYB Education presently has a consensus rating of “Buy” and a consensus target price of $24.50.
RYB Education, Inc provides early childhood education service in the People's Republic of China. The company offers kindergarten services to 2-6-year-old children; and play-and-learn centers services for the joint participation of 0-6-year-old children and their families to promote children's development and prepare them for their entry into kindergartens and primary schools.
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