Sunlands Online Education Group (NYSE:STG) Upgraded to “Buy” by ValuEngine

Sunlands Online Education Group (NYSE:STG) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Thursday, ValuEngine reports.

Separately, Credit Suisse Group cut Sunlands Online Education Group from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 29th.

Sunlands Online Education Group stock traded down $0.03 during midday trading on Thursday, reaching $2.23. 296 shares of the stock traded hands, compared to its average volume of 9,433. The business has a 50-day simple moving average of $2.25. Sunlands Online Education Group has a 12-month low of $1.95 and a 12-month high of $7.87. The firm has a market capitalization of $244.59 million, a price-to-earnings ratio of -2.60 and a beta of 2.64.

Sunlands Online Education Group (NYSE:STG) last announced its earnings results on Tuesday, May 28th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.07. The firm had revenue of $84.07 million for the quarter. On average, analysts expect that Sunlands Online Education Group will post -0.08 earnings per share for the current fiscal year.

Sunlands Online Education Group Company Profile

Sunlands Technology Group, through its subsidiaries, provides online education services in the People's Republic of China. The company offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of master of business administration programs.

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