Analysts expect that RYB Education Inc – (NYSE:RYB) will post $0.01 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for RYB Education’s earnings. RYB Education reported earnings per share of $0.15 during the same quarter last year, which would suggest a negative year-over-year growth rate of 93.3%. The firm is scheduled to report its next quarterly earnings results on Wednesday, December 5th.

On average, analysts expect that RYB Education will report full-year earnings of $0.22 per share for the current fiscal year, with EPS estimates ranging from $0.17 to $0.26. For the next financial year, analysts expect that the company will post earnings of $0.65 per share, with EPS estimates ranging from $0.52 to $0.77. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for RYB Education.

RYB Education (NYSE:RYB) last announced its quarterly earnings results on Tuesday, August 28th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.11 by $0.11. RYB Education had a return on equity of 3.55% and a net margin of 2.48%. The company had revenue of $47.48 million for the quarter.

Several equities analysts have commented on the company. Zacks Investment Research upgraded RYB Education from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Thursday, October 11th. Morgan Stanley upgraded RYB Education from an “equal weight” rating to an “overweight” rating and set a $24.00 price target on the stock in a report on Tuesday, October 2nd. ValuEngine downgraded RYB Education from a “buy” rating to a “hold” rating in a report on Wednesday, August 29th. Finally, Jefferies Financial Group assumed coverage on RYB Education in a report on Monday, July 23rd. They set a “buy” rating and a $27.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $24.67.

Several institutional investors and hedge funds have recently bought and sold shares of RYB. BlackRock Inc. boosted its position in shares of RYB Education by 2,686.1% in the second quarter. BlackRock Inc. now owns 7,439 shares of the company’s stock valued at $146,000 after acquiring an additional 7,172 shares during the period. Citadel Advisors LLC bought a new stake in shares of RYB Education in the second quarter valued at approximately $280,000. Wells Fargo & Company MN boosted its position in shares of RYB Education by 3,508.5% in the third quarter. Wells Fargo & Company MN now owns 54,127 shares of the company’s stock valued at $1,140,000 after acquiring an additional 52,627 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of RYB Education by 9.5% in the second quarter. Bank of America Corp DE now owns 162,118 shares of the company’s stock valued at $3,185,000 after acquiring an additional 14,073 shares during the period. 11.55% of the stock is owned by institutional investors.

Shares of RYB stock opened at $17.19 on Thursday. RYB Education has a 12 month low of $15.50 and a 12 month high of $30.50. The company has a market cap of $482.68 million, a price-to-earnings ratio of 63.67 and a beta of 0.96.

About RYB Education

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.

Featured Story: Fiduciary

Get a free copy of the Zacks research report on RYB Education (RYB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for RYB Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RYB Education and related companies with MarketBeat.com's FREE daily email newsletter.