China Distance Education Holdings Ltd. (NYSE:DL)’s share price was up 4.3% on Monday . The company traded as high as $11.37 and last traded at $11.20, with a volume of 78,602 shares traded. The stock had previously closed at $10.74.

A number of equities analysts recently weighed in on DL shares. Piper Jaffray Cos. restated a “buy” rating on shares of China Distance Education Holdings in a report on Monday, July 18th. TheStreet upgraded shares of China Distance Education Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, May 24th. Zacks Investment Research upgraded shares of China Distance Education Holdings from a “sell” rating to a “hold” rating in a research note on Monday, May 23rd. Finally, Credit Suisse Group AG lowered shares of China Distance Education Holdings from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $14.00 to $11.50 in a research note on Wednesday, May 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.65.

The firm has a market capitalization of $371.87 million and a PE ratio of 14.18. The stock’s 50 day moving average price is $10.63 and its 200 day moving average price is $12.14.

China Distance Education Holdings (NYSE:DL) last released its quarterly earnings data on Tuesday, August 23rd. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.12. The business had revenue of $30.80 million for the quarter, compared to the consensus estimate of $28.10 million. During the same quarter in the prior year, the business posted $0.16 earnings per share. On average, analysts forecast that China Distance Education Holdings Ltd. will post $0.67 earnings per share for the current year.

China Distance Education Holdings Limited (CDEL) is a provider of online education focusing on professional education, helping professionals who aim to obtain professional licenses, satisfy continuing education requirements to maintain their licenses and improve their practical job skills through its professional development courses.

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