Sunlands Online Education Group – (NYSE:STG) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Analysts have set a twelve-month consensus price target of $10.51 for the company, according to Zacks. Zacks has also assigned Sunlands Online Education Group an industry rank of 194 out of 255 based on the ratings given to related companies.

Several equities analysts recently commented on STG shares. Goldman Sachs Group downgraded shares of Sunlands Online Education Group from a “buy” rating to a “neutral” rating in a research note on Monday, January 28th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Sunlands Online Education Group in a research note on Tuesday, February 19th. Finally, ValuEngine downgraded shares of Sunlands Online Education Group from a “buy” rating to a “hold” rating in a research note on Tuesday, February 19th.

Shares of NYSE:STG opened at $3.44 on Wednesday. The company has a market capitalization of $356.06 million and a P/E ratio of -4.00. Sunlands Online Education Group has a one year low of $2.25 and a one year high of $11.40.

Sunlands Online Education Group (NYSE:STG) last issued its quarterly earnings data on Friday, March 22nd. The company reported ($0.16) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.22) by $0.06. The company had revenue of $82.73 million during the quarter. On average, equities analysts expect that Sunlands Online Education Group will post -0.09 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC raised its stake in shares of Sunlands Online Education Group by 93.3% during the fourth quarter. Hsbc Holdings PLC now owns 3,445,088 shares of the company’s stock valued at $10,473,000 after acquiring an additional 1,662,589 shares during the last quarter. Castleark Management LLC raised its stake in shares of Sunlands Online Education Group by 155.9% during the third quarter. Castleark Management LLC now owns 198,434 shares of the company’s stock valued at $1,201,000 after acquiring an additional 120,900 shares during the last quarter. Finally, Symmetry Peak Management LLC raised its stake in shares of Sunlands Online Education Group by 118.2% during the third quarter. Symmetry Peak Management LLC now owns 43,641 shares of the company’s stock valued at $264,000 after acquiring an additional 23,641 shares during the last quarter. 26.33% of the stock is owned by hedge funds and other institutional investors.

About Sunlands Online Education Group

Sunlands Technology Group, through its subsidiaries, provides online education services in the People's Republic of China. The company offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of master of business administration programs.

Further Reading: What are gap-up stocks?

Get a free copy of the Zacks research report on Sunlands Online Education Group (STG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Sunlands Online Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunlands Online Education Group and related companies with MarketBeat.com's FREE daily email newsletter.