$0.01 EPS Expected for RYB Education Inc – (RYB) This Quarter

Wall Street brokerages expect that RYB Education Inc – (NYSE:RYB) will report $0.01 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for RYB Education’s earnings. RYB Education posted earnings of ($0.03) per share in the same quarter last year, which would indicate a positive year over year growth rate of 133.3%. The business is scheduled to announce its next earnings results on Tuesday, May 21st.

According to Zacks, analysts expect that RYB Education will report full year earnings of $0.26 per share for the current year, with EPS estimates ranging from $0.25 to $0.27. For the next financial year, analysts expect that the firm will post earnings of $0.47 per share, with EPS estimates ranging from $0.33 to $0.61. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that follow RYB Education.

RYB Education (NYSE:RYB) last issued its earnings results on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.05. The company had revenue of $45.00 million during the quarter. RYB Education had a negative return on equity of 1.62% and a negative net margin of 1.14%.

RYB has been the topic of several analyst reports. Zacks Investment Research raised RYB Education from a “hold” rating to a “buy” rating and set a $7.50 price target on the stock in a research report on Saturday, March 30th. Jefferies Financial Group downgraded RYB Education from a “buy” rating to a “hold” rating and cut their price target for the stock from $11.25 to $7.15 in a research report on Thursday, March 28th. Finally, Credit Suisse Group downgraded RYB Education from a “neutral” rating to an “underperform” rating and set a $7.69 price target on the stock. in a research report on Friday, March 22nd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $7.71.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. grew its position in shares of RYB Education by 25.1% during the 1st quarter. BlackRock Inc. now owns 23,831 shares of the company’s stock valued at $157,000 after acquiring an additional 4,788 shares during the period. Renaissance Technologies LLC grew its position in shares of RYB Education by 44.6% during the 1st quarter. Renaissance Technologies LLC now owns 66,500 shares of the company’s stock valued at $439,000 after acquiring an additional 20,500 shares during the period. Two Sigma Advisers LP acquired a new stake in shares of RYB Education during the 4th quarter valued at about $152,000. Deutsche Bank AG acquired a new stake in shares of RYB Education during the 4th quarter valued at about $240,000. Finally, Wells Fargo & Company MN grew its position in shares of RYB Education by 3,508.5% during the 3rd 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. Hedge funds and other institutional investors own 12.52% of the company’s stock.

RYB traded up $0.13 during midday trading on Friday, hitting $7.71. 100 shares of the company were exchanged, compared to its average volume of 132,021. The company has a market capitalization of $219.71 million, a P/E ratio of -131.70 and a beta of 1.81. RYB Education has a 1-year low of $5.60 and a 1-year high of $23.79.

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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