RYB Education (RYB) Set to Announce Earnings on Wednesday

RYB Education (NYSE:RYB) is scheduled to post its quarterly earnings results after the market closes on Wednesday, March 20th. Analysts expect RYB Education to post earnings of ($0.03) per share for the quarter.

RYB Education stock opened at $8.11 on Friday. The firm has a market capitalization of $242.78 million, a PE ratio of 30.04 and a beta of 1.68. RYB Education has a 1-year low of $5.60 and a 1-year high of $23.79.

A number of brokerages have commented on RYB. Morgan Stanley cut RYB Education from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $23.50 to $8.50 in a research report on Thursday, December 6th. Zacks Investment Research cut RYB Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 4th. Finally, ValuEngine cut RYB Education from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $14.83.

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RYB Education Company Profile

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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