Wall street estimates Earnings report Bright Scholar Education (NYSE:BEDU)

0
825

Earnings results for Bright Scholar Education (NYSE:BEDU)

Bright Scholar Education Holdings Limited is expected* to report earnings on 11/11/2020 after market close. The report will be for the fiscal Quarter ending Aug 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.03. The reported EPS for the same quarter last year was $-0.05.

Analyst Opinion on Bright Scholar Education (NYSE:BEDU)

2 Wall Street analysts have issued ratings and price targets for Bright Scholar Education in the last 12 months. Their average twelve-month price target is $9.65, predicting that the stock has a possible upside of 49.38%. The high price target for BEDU is $9.80 and the low price target for BEDU is $9.50. There are currently 2 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Bright Scholar Education has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $9.65, Bright Scholar Education has a forecasted upside of 49.4% from its current price of $6.46. Bright Scholar Education has received no research coverage in the past 90 days.

Dividend Strength: Bright Scholar Education (NYSE:BEDU)

Bright Scholar Education pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends. Bright Scholar Education has only been increasing its dividend for 1 years. The dividend payout ratio of Bright Scholar Education is 36.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bright Scholar Education will have a dividend payout ratio of 20.00% next year. This indicates that Bright Scholar Education will be able to sustain or increase its dividend.

Insiders buying/selling: Bright Scholar Education (NYSE:BEDU)

In the past three months, Bright Scholar Education insiders have not sold or bought any company stock. Only 10.69% of the stock of Bright Scholar Education is held by institutions.

Earnings and Valuation of Bright Scholar Education (NYSE:BEDU

Earnings for Bright Scholar Education are expected to grow by 44.74% in the coming year, from $0.38 to $0.55 per share. The P/E ratio of Bright Scholar Education is 20.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 20.87. The P/E ratio of Bright Scholar Education is 20.19, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 53.48. Bright Scholar Education has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here