Equities research analysts expect Bright Scholar Education Holdngs Ltd-ADR (NYSE:BEDU) to report earnings of $0.17 per share for the current quarter, according to Zacks. Zero analysts have made estimates for Bright Scholar Education Holdngs’ earnings. Bright Scholar Education Holdngs posted earnings per share of $0.15 during the same quarter last year, which indicates a positive year-over-year growth rate of 13.3%. The business is expected to issue its next quarterly earnings results after the market closes on Thursday, January 17th.

On average, analysts expect that Bright Scholar Education Holdngs will report full-year earnings of $0.42 per share for the current year, with EPS estimates ranging from $0.39 to $0.45. For the next financial year, analysts expect that the company will report earnings of $0.51 per share, with EPS estimates ranging from $0.46 to $0.55. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Bright Scholar Education Holdngs.

Bright Scholar Education Holdngs (NYSE:BEDU) last issued its quarterly earnings data on Wednesday, November 7th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Bright Scholar Education Holdngs had a return on equity of 11.17% and a net margin of 14.39%. The company had revenue of $57.05 million for the quarter.

A number of brokerages recently commented on BEDU. Zacks Investment Research lowered shares of Bright Scholar Education Holdngs from a “hold” rating to a “sell” rating in a report on Thursday, October 4th. ValuEngine upgraded shares of Bright Scholar Education Holdngs from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. Finally, Goldman Sachs Group began coverage on shares of Bright Scholar Education Holdngs in a report on Monday, December 3rd. They set a “neutral” rating and a $12.50 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Bright Scholar Education Holdngs presently has an average rating of “Hold” and an average price target of $14.75.

Shares of NYSE:BEDU traded up $0.27 during midday trading on Friday, reaching $11.43. 371,100 shares of the company were exchanged, compared to its average volume of 405,462. Bright Scholar Education Holdngs has a fifty-two week low of $8.82 and a fifty-two week high of $23.99. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 38.10 and a beta of 1.15.

Institutional investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP grew its position in Bright Scholar Education Holdngs by 182.9% in the third quarter. GSA Capital Partners LLP now owns 29,600 shares of the company’s stock valued at $367,000 after purchasing an additional 19,138 shares in the last quarter. Taikang Asset Management Hong Kong Co Ltd bought a new position in Bright Scholar Education Holdngs in the third quarter valued at $2,483,000. Highland Capital Management LLC bought a new position in Bright Scholar Education Holdngs in the third quarter valued at $339,000. OppenheimerFunds Inc. grew its position in Bright Scholar Education Holdngs by 10.9% in the second quarter. OppenheimerFunds Inc. now owns 518,700 shares of the company’s stock valued at $8,627,000 after purchasing an additional 50,840 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in Bright Scholar Education Holdngs in the third quarter valued at $1,674,000. 13.23% of the stock is owned by institutional investors and hedge funds.

Bright Scholar Education Holdngs Company Profile

Bright Scholar Education Holdings Limited operates K-12 schools in China. Its schools comprise international schools, bilingual schools, and kindergartens. The company also offers a range of complementary education services, including international camps and after-school programs, as well as international education consulting services.

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