RYB Education Inc. (RYB) shares are trading at higher $3.46 and the avg recommendation for the stock is Moderate Sell. while the current analyst price target stands at $2.50.
To add more color to this target, the company’s high over the last year is $6.90 and the low is $2.22. Over the last 52 weeks, RYB is down -49.86% while the S&P 500 is up 0.22%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, RYB reported a profit of $-11.59 million. RYB Education Inc. also saw revenues decrease to $17.32 million. In addition, RYB has free cash flow of $0.0 as of 03-2020. The company’s EBITDA came in at -$17.64 million which compares well with its peers.
RYB booked profit margins of -16.10%, its Return on Equity (ROE) is -29.30%, and its Return on Assets is -8.10%. All told, it is clear that, RYB needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. RYB has a short ratio of 0.56 and outstanding shares of 27.68M.
RYB has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 28030.0 and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.97. RYB Education Inc. RYB also noted assets of $300.73 million at the end of the last quarter. Investors should also keep an eye on sector updates as RYB has historically followed its peers on positive news.
All told, RYB Education Inc. RYB has strung together solid data and demonstrated underlying fundamentals. At its current valuation, RYB represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
RYB Education Inc. RYB is now commanding a market cap of 90.51M and a float of 20.64M. RYB is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of RYB stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in RYB, either long or short, and we have not been compensated for this article.