According to Zacks, “CHINA DISTANCE EDUCATION HOLDINGS LIMITED is a leading provider of online education in China focusing on professional education. The courses offered by the Company through its websites are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, information technology and other industries. “
Separately, TheStreet upgraded Stitch Fix from a d rating to a c- rating in a report on Wednesday, June 26th.
China Distance Education (NYSE:DL) last issued its earnings results on Wednesday, May 15th. The technology company reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.06. China Distance Education had a return on equity of 14.16% and a net margin of 7.04%. The business had revenue of $38.76 million during the quarter. Analysts forecast that China Distance Education will post 0.61 EPS for the current fiscal year.
An institutional investor recently raised its position in China Distance Education stock. Dimensional Fund Advisors LP increased its stake in shares of China Distance Education Holdings Ltd (NYSE:DL) by 8.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,900 shares of the technology company’s stock after purchasing an additional 5,504 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.21% of China Distance Education worth $469,000 as of its most recent SEC filing. Institutional investors and hedge funds own 20.52% of the company’s stock.
China Distance Education Company Profile
China Distance Education Holdings Ltd. engages in the provision of online education in China, which focuses on professional education. The company offers online courses through its websites, which are designed to help course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers and professions in China.
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