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Technical Reports on Education Services Stocks -- New Oriental Education & Technology, DeVry Education, Houghton Mifflin Harcourt, and CheggNEW YORK, March 9, 2017 /PRNewswire/ -- Stock-Callers.com revisits the Education and Training Services space, which includes business and secretarial schools; technical and trade schools; and providers of tutoring, exam preparation, and other instruction. Equities under review are New Oriental Education & Technology Group Inc. (NYSE: EDU), DeVry Education Group Inc. (NYSE: DV), Houghton Mifflin Harcourt Co. (NASDAQ: HMHC), and Chegg Inc. (NYSE: CHGG). Download the free research reports on these stocks today: http://stock-callers.com/registration
Beijing, the People's Republic of China headquartered New Oriental Education & Technology Group Inc.'s shares declined 0.71%, closing Wednesday's trading session at $50.46. The stock recorded a trading volume of 678,839 shares. The Company's shares have advanced 6.84% in the last month, 14.94% over the previous three months, and 19.86% since the start of this year. The stock is trading 5.35% above its 50-day moving average and 11.22% above its 200-day moving average. Additionally, shares of New Oriental Education & Technology, which provides private educational services under the New Oriental brand in the People's Republic of China, have a Relative Strength Index (RSI) of 55.00. On February 28th, 2017, New Oriental Education and Technology Group announced that it will hold its annual general meeting of shareholders on March 30th, 2017 at 9:00 a.m. (local time), at 42/F, Edinburgh Tower, The Landmark, 15 Queen's Road Central, Hong Kong, China. No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders of record and beneficial owners of the Company's American depositary shares to discuss Company affairs with management. See our free and comprehensive research report on EDU at: http://stock-callers.com/registration/?symbol=EDU
On Wednesday, shares in Downers Grove, Illinois headquartered DeVry Education Group Inc. recorded a trading volume of 424,232 shares. The stock fell 0.90%, ending the day at $33.10. The Company's shares have advanced 0.15% in the past month, 10.52% in the previous three months, and 6.09% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.26% and 30.69%, respectively. Furthermore, shares of DeVry Education, which provides educational services worldwide, have an RSI of 53.94. On February 16th, 2017, DeVry Education announced that its board of directors has approved its tenth share repurchase program, which allows DeVry Group to repurchase up to $300 million of its common stock through December 31st, 2020. In conjunction with the new program, which replaces DeVry Group's previously approved $100 million share repurchase authorization, the Company will cease its bi-annual cash dividend payment. DV free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=DV p>Boston, Massachusetts headquartered Houghton Mifflin Harcourt Co.'s stock finished the day 0.50% lower at $9.95 with a total trading volume of 709,929 shares. The Company's shares are trading below their 50-day moving average by 7.90%. Shares of the Company, which provides content, services, and technology solutions for educational institutions and consumers, have an RSI of 37.69. On February 27th, 2017, Houghton Mifflin Harcourt announced that Brian Shipman has joined the Company as Senior Vice President and head of Investor Relations. Shipman will be responsible for leading communications with the financial and investor community regarding the Company's financial performance, key business metrics and growth strategy. Sign up for your complimentary report on HMHC at: http://stock-callers.com/registration/?symbol=HMHC
Shares in Santa Clara, California headquartered Chegg Inc. ended yesterday's session 0.25% lower at $7.92. The stock recorded a trading volume of 320,129 shares. The Company's shares have advanced 13.14% in the last one month, 1.28% over the previous three months, and 7.32% since the start of this year. The stock is trading 5.02% and 17.22% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Chegg, which operates student-first connected learning platform that help students transition from high school to college to career, have an RSI of 53.83. On February 13th, 2017, Chegg reported total net revenues of $63.1 million for Q4 2016, down 7% on a y-o-y basis. Chegg Services' revenues grew 54% y-o-y to $44.3 million, or 70% of total net revenues, compared to 42% in Q4 2015. The Company's gross profit was $42.5 million for Q4 2016, while its net loss was $1.5 million for Q4 2016. The Company's adjusted EBITDA was $13.9 million for Q4 2016. On February 14th, 2017, research firm Barrington Research reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $11 a share to $12.50 a share. Register for free on Stock-Callers.com and download the latest research report on CHGG at: http://stock-callers.com/registration/?symbol=CHGG -- Stock Callers: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. SC has not been compensated; directly or indirectly; for producing or publishing this document. PRESS RELEASE PROCEDURES: The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. NO WARRANTY SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. NOT AN OFFERING This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
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