Positive Media Coverage Somewhat Unlikely to Impact RISE Education Cayman (REDU) Stock Price
Press coverage about RISE Education Cayman (NASDAQ:REDU) has trended positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RISE Education Cayman earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the company an impact score of 47.3709942626317 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- RISE Education Cayman Ltd (REDU) Given $18.00 Consensus Target Price by Analysts (americanbankingnews.com)
- RISE Education Cayman (REDU) versus RYB Education (RYB) Critical Contrast (americanbankingnews.com)
- RISE Education Cayman Ltd (REDU) Expected to Announce Earnings of $0.14 Per Share (americanbankingnews.com)
- RISE Education Announces Second Quarter 2018 Unaudited Financial Results (finance.yahoo.com)
- RISE Education Cayman (REDU) Issues Earnings Results, Meets Estimates (americanbankingnews.com)
Several equities analysts have recently weighed in on the company. UBS Group assumed coverage on RISE Education Cayman in a research report on Thursday, June 7th. They issued a “buy” rating for the company. ValuEngine upgraded RISE Education Cayman from a “hold” rating to a “buy” rating in a research report on Saturday, July 28th. Zacks Investment Research upgraded RISE Education Cayman from a “sell” rating to a “hold” rating in a research report on Thursday, June 28th. Finally, Credit Suisse Group initiated coverage on RISE Education Cayman in a research report on Tuesday, May 29th. They set an “outperform” rating for the company. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $16.25.
RISE Education Cayman (NASDAQ:REDU) last announced its quarterly earnings data on Thursday, August 16th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.12. The firm had revenue of $45.37 million during the quarter. equities research analysts expect that RISE Education Cayman will post 0.48 EPS for the current year.
About RISE Education Cayman
RISE Education Cayman Ltd, through its subsidiaries, provides junior English language training services under the RISE brand name in the People's Republic of China. The company offers a range of educational programs, services, and products, including educational courses, sale of course materials, franchise services, and study tours.
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