NEW YORK, January 25, 2017 /PRNewswire/ --
Companies in the Education and Training Services industry include business and secretarial schools, technical and trade schools, and providers of tutoring, exam preparation, and other instruction. Demand is driven primarily by employment trends and personal income. Pre-market, Stock-Callers.com reviews the performances of these four stocks: New Oriental Education & Technology Group Inc. (NYSE: EDU), Houghton Mifflin Harcourt Co. (NASDAQ: HMHC), DeVry Education Group Inc. (NYSE: DV), and Apollo Education Group Inc. (NASDAQ: APOL). You can access our complimentary research reports on these stocks now at:
New Oriental Education
Beijing, the People's Republic of China headquartered New Oriental Education & Technology Group Inc.'s shares declined 0.93%, closing Tuesday's trading session at $47.74. The stock recorded a trading volume of 1.47 million shares. Shares of the Company have advanced 13.02% in the last month, 2.01% in the previous three months, and 13.40% since the start of this year. The stock is trading 2.51% above its 50-day moving average and 8.93% above its 200-day moving average. Additionally, shares of New Oriental Education & Technology Group, which provides private educational services under the New Oriental brand in the People's Republic of China, have a Relative Strength Index (RSI) of 52.37.
On January 17th, 2017, the Company reported that total net revenues increased by 22.7% y-o-y to US$341.2 million in Q2 FY17. The Company's operating income was US$0.2 million in Q2 FY17 compared to a loss from operations of US$10.4 million in Q2 FY16. Net income attributed to New Oriental increased by 76.1% y-o-y to US$10.4 million in Q2 FY17.
Yesterday, research firm Bank of America/ Merrill initiated a 'Neutral' rating on the Company's stock. Visit us today and download your complete report on EDU for free at:
Houghton Mifflin Harcourt
On Tuesday, shares in Boston, Massachusetts headquartered Houghton Mifflin Harcourt Co. recorded a trading volume of 363,895 shares. The stock rose 0.47%, ending the day at $10.60. The Company's shares are trading below their 50-day moving average by 3.84%. Furthermore, shares of Houghton Mifflin Harcourt, which provides content, services, and technology for educational institutions and consumers worldwide, have an RSI of 39.61.
On December 22nd, 2016, Houghton Mifflin Harcourt announced that Daniel Allen, the President and a partner of Anchorage Capital Group, L.L.C., has been appointed to the Company's Board of Directors, bringing the board's membership to nine directors. Anchorage is the investment manager to Houghton Mifflin Harcourt's largest shareholder, which beneficially owns approximately 16.62% of the Company's common stock, taking into account shares to be acquired upon exercise of warrants. Allen's appointment is pursuant to a nomination agreement between Houghton Mifflin Harcourt and the Anchorage's shareholders. The complimentary research report on HMHC can be accessed at:
Downers Grove, Illinois headquartered DeVry Education Group Inc.'s stock finished the day 0.15% lower at $32.90 with a total trading volume of 818,412 shares. The Company's shares have gained 3.62% in the last one month, 46.08% over the previous three months, and 5.45% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.84% and 42.81%, respectively. Additionally, shares of DeVry Education Group, which provides educational services worldwide, have an RSI of 56.98.
On January 20th, 2017, DeVry Education announced that it will hold a conference call to discuss its Q2 FY17 financial results on February 02nd, 2017 at 5:00 p.m. ET. The conference call will be led by Lisa Wardell, President and CEO; and Patrick Unzicker, CFO. Register for free on Stock-Callers.com and download the PDF research report on DV at:
Shares in Phoenix, Arizona headquartered Apollo Education Group Inc. ended yesterday's session 0.50% higher at $10.00. The stock recorded a trading volume of 635,767 shares. The Company's shares have advanced 0.91% in the last one month, 12.74% in the previous three months, and 1.01% since the start of this year. The stock is trading 3.14% and 12.21% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Apollo Education Group, which provides private education services in the US and internationally, have an RSI of 62.06.
As per a SEC filing dated January 24th, 2017, the Higher Learning Commission ("HLC"), the principal accreditor of University of Phoenix and Apollo's other domestically accredited institutions, notified on January 23rd, 2017, that it had approved the change of control applications filed by the Company's HLC accredited institutions in connection with Apollo's pending merger with AP VIII Queso Holdings, L.P. Subject to the satisfaction of all other closing conditions set forth in the Merger Agreement, Apollo expects to consummate the Merger on February 01st, 2017. Get free access to your research report on APOL at:
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 firstname.lastname@example.org. 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.
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
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA