$0.01 Earnings Per Share Expected for RYB Education Inc – (RYB) This Quarter

Wall Street analysts predict that RYB Education Inc – (NYSE:RYB) will post $0.01 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for RYB Education’s earnings. RYB Education posted earnings per share of $0.15 in the same quarter last year, which would indicate a negative year-over-year growth rate of 93.3%. The business is scheduled to issue its next 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 year, with EPS estimates ranging from $0.17 to $0.26. For the next financial year, analysts expect that the business will post earnings of $0.65 per share, with EPS estimates ranging from $0.52 to $0.77. Zacks Investment Research’s EPS averages are a mean 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 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.11. The firm had revenue of $47.48 million during the quarter. RYB Education had a return on equity of 3.55% and a net margin of 2.48%.

A number of equities analysts recently issued reports on RYB shares. Jefferies Financial Group started coverage on RYB Education in a report on Monday, July 23rd. They issued a “buy” rating and a $27.00 price target for the company. ValuEngine raised RYB Education from a “hold” rating to a “buy” rating in a report on Saturday, July 28th. Zacks Investment Research cut RYB Education from a “buy” rating to a “hold” rating in a research note on Thursday, August 30th. Finally, Morgan Stanley upgraded RYB Education from an “equal weight” rating to an “overweight” rating and set a $24.00 price objective for the company in a research note on Tuesday, October 2nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $24.67.

RYB traded down $8.82 on Thursday, reaching $7.83. The company’s stock had a trading volume of 5,896,900 shares, compared to its average volume of 220,914. The company has a market capitalization of $492.72 million, a price-to-earnings ratio of 29.00 and a beta of 0.96. RYB Education has a fifty-two week low of $6.70 and a fifty-two week high of $28.94.

A number of hedge funds and other institutional investors have recently modified their holdings of RYB. BlackRock Inc. lifted its stake in 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 buying an additional 7,172 shares during the last quarter. Citadel Advisors LLC purchased a new stake in RYB Education in the second quarter valued at approximately $280,000. Wells Fargo & Company MN lifted its stake in 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 buying an additional 52,627 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in 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 purchasing an additional 14,073 shares during the last quarter. Institutional investors own 11.55% of the company’s stock.

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.

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