Equities research analysts expect RYB Education Inc – (NYSE:RYB) to post earnings of $0.01 per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for RYB Education’s earnings. RYB Education posted earnings of $0.15 per share in the same quarter last year, which suggests a negative year over year growth rate of 93.3%. The firm is expected to announce its next earnings results on Wednesday, December 5th.

According to Zacks, analysts expect that RYB Education will report full-year earnings of $0.03 per share for the current fiscal year, with EPS estimates ranging from ($0.11) to $0.17. For the next financial year, analysts anticipate that the company will report earnings of $0.36 per share, with EPS estimates ranging from $0.19 to $0.52. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for RYB Education.

RYB has been the topic of several recent analyst reports. Zacks Investment Research raised shares of RYB Education from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Thursday, October 11th. Morgan Stanley reissued an “equal weight” rating and issued a $8.50 target price (down previously from $23.50) on shares of RYB Education in a research note on Friday. Finally, ValuEngine downgraded shares of RYB Education from a “buy” rating to a “hold” rating in a research note on Wednesday, August 29th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $19.50.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of 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 acquiring an additional 14,073 shares during the period. Wells Fargo & Company MN raised its stake in shares of 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 acquiring an additional 52,627 shares during the period. Citadel Advisors LLC purchased a new stake in shares of RYB Education in the second quarter valued at $280,000. Finally, BlackRock Inc. raised its stake in shares of 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 acquiring an additional 7,172 shares during the period. 13.67% of the stock is currently owned by institutional investors and hedge funds.

Shares of RYB traded down $0.40 during midday trading on Friday, hitting $6.74. The stock had a trading volume of 227,195 shares, compared to its average volume of 621,755. RYB Education has a 1 year low of $6.57 and a 1 year high of $23.79. The company has a market cap of $204.65 million, a P/E ratio of 24.96 and a beta of 0.49.

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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