Zacks Investment Research upgraded shares of Four Seasons Edu (Cayman) (NYSE:FEDU) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.
According to Zacks, “Four Seasons Education Inc. provides educational services. The Company offers after-school mathematics and online education services for elementary school students. Four Seasons Education Inc. is based in China. “
Other equities research analysts have also issued reports about the company. Citigroup lowered Four Seasons Edu (Cayman) from a buy rating to a neutral rating in a research note on Friday, August 3rd. Morgan Stanley lowered Four Seasons Edu (Cayman) from an overweight rating to an equal weight rating in a research note on Friday, June 29th.
Shares of FEDU stock opened at $4.65 on Wednesday. Four Seasons Edu has a 52-week low of $4.21 and a 52-week high of $10.73.
Four Seasons Edu (Cayman) (NYSE:FEDU) last issued its quarterly earnings results on Thursday, August 2nd. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.02). The company had revenue of $13.47 million during the quarter. analysts predict that Four Seasons Edu will post 0.17 earnings per share for the current fiscal year.
An institutional investor recently raised its position in Four Seasons Edu (Cayman) stock. OppenheimerFunds Inc. raised its position in shares of Four Seasons Edu (Cayman) Inc (NYSE:FEDU) by 89.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 581,533 shares of the company’s stock after purchasing an additional 274,703 shares during the period. OppenheimerFunds Inc. owned about 4.88% of Four Seasons Edu (Cayman) worth $3,856,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 60.70% of the company’s stock.
Four Seasons Edu (Cayman) Company Profile
Four Seasons Education (Cayman) Inc, together with its subsidiaries, provides after-school education services in the People's Republic of China. The company's education services comprise standard programs; personalized Ivy programs; and special programs, including competition workshops and courses delivered to K-12 schools.
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