OneSmart International Edun Gr (ONE) Lifted to Hold at Zacks Investment Research

OneSmart International Edun Gr (NYSE:ONE) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

According to Zacks, “OneSmart International Education Group Limited offers education services. The School provides K-12 after-school education services. It also offers one to one education, examination question analysis, mistakes settlement, tutoring, culture programs and other services. OneSmart International Education Group Limited is based in China. “

Several other analysts have also recently commented on the company. Deutsche Bank cut OneSmart International Edun Gr from a “buy” rating to a “hold” rating and raised their target price for the company from $12.60 to $15.60 in a research report on Tuesday, July 24th. Morgan Stanley cut OneSmart International Edun Gr from an “overweight” rating to an “equal weight” rating in a research report on Friday, June 29th.

ONE opened at $8.95 on Wednesday. OneSmart International Edun Gr has a 12 month low of $8.56 and a 12 month high of $16.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.76 and a current ratio of 0.97.

OneSmart International Edun Gr (NYSE:ONE) last posted its earnings results on Tuesday, July 31st. The business services provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.07). The company had revenue of $128.63 million during the quarter. analysts anticipate that OneSmart International Edun Gr will post 0.23 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of ONE. Carlyle Group L.P. acquired a new stake in OneSmart International Edun Gr in the 1st quarter valued at approximately $248,939,000. UBS Group AG acquired a new stake in OneSmart International Edun Gr in the 1st quarter valued at approximately $41,051,000. Yiheng Capital LLC acquired a new stake in OneSmart International Edun Gr in the 1st quarter valued at approximately $33,325,000. Standard Life Aberdeen plc acquired a new stake in OneSmart International Edun Gr in the 2nd quarter valued at approximately $26,150,000. Finally, Keenan Capital LLC acquired a new stake in OneSmart International Edun Gr in the 1st quarter valued at approximately $10,980,000. Hedge funds and other institutional investors own 22.40% of the company’s stock.

OneSmart International Edun Gr Company Profile

OneSmart International Education Group Limited provides tutoring services for kindergarten and primary, middle, and high schools in the People's Republic of China. It offers young children services, including Chinese language and computer programming under the HappyMath brand; and English tutoring services focusing on early childhood under the brand FasTrack English brand.

See Also: Asset Allocation

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