Nord Anglia Education Inc. (NYSE:NORD) updated its FY17 earnings guidance on Monday. The company provided earnings per share guidance of $0.64-0.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69. The company issued revenue guidance of $925-945 million, compared to the consensus revenue estimate of $943.35 million.

Several research analysts have recently weighed in on NORD shares. Zacks Investment Research raised Nord Anglia Education from a sell rating to a hold rating in a research note on Tuesday, June 21st. Credit Suisse Group AG reaffirmed a buy rating on shares of Nord Anglia Education in a research note on Friday, August 26th. JPMorgan Chase & Co. upped their target price on Nord Anglia Education from $23.00 to $24.00 and gave the stock an overweight rating in a research note on Tuesday, August 9th. Finally, Barclays PLC reaffirmed a buy rating on shares of Nord Anglia Education in a research note on Saturday, July 9th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of $24.71.

Nord Anglia Education Inc. (NYSE:NORD) opened at 22.00 on Monday. The company has a 50-day moving average price of $21.85 and a 200 day moving average price of $21.68. Nord Anglia Education Inc. has a 1-year low of $14.58 and a 1-year high of $23.88. The firm has a market capitalization of $2.29 billion, a P/E ratio of 160.58 and a beta of 0.91.

Nord Anglia Education (NYSE:NORD) last announced its earnings results on Tuesday, July 26th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. Nord Anglia Education had a return on equity of 20.31% and a net margin of 2.06%. The company had revenue of $253.80 million for the quarter, compared to the consensus estimate of $247.57 million. During the same period last year, the business posted $0.24 EPS. The company’s revenue was up 49.3% on a year-over-year basis. Analysts expect that Nord Anglia Education Inc. will post $0.64 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Loomis Sayles & Co. L P increased its position in shares of Nord Anglia Education by 17.7% in the second quarter. Loomis Sayles & Co. L P now owns 1,269,903 shares of the company’s stock valued at $26,846,000 after buying an additional 191,378 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in shares of Nord Anglia Education by 149.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 189,826 shares of the company’s stock valued at $4,013,000 after buying an additional 113,761 shares during the period. State Street Corp increased its position in shares of Nord Anglia Education by 250.1% in the second quarter. State Street Corp now owns 137,605 shares of the company’s stock valued at $2,908,000 after buying an additional 98,295 shares during the period. Janus Capital Management LLC increased its position in shares of Nord Anglia Education by 14.8% in the second quarter. Janus Capital Management LLC now owns 263,357 shares of the company’s stock valued at $5,567,000 after buying an additional 34,012 shares during the period. Finally, BlackRock Fund Advisors bought a new position in shares of Nord Anglia Education during the second quarter valued at $484,000. Institutional investors own 31.51% of the company’s stock.

About Nord Anglia Education

Nord Anglia Education, Inc is an operator of premium international schools. The principal activities of the Company consist of premium schools and associated activities in China, which includes the People’s Republic of China and Hong Kong Special Administrative Region (SAR); Europe, which includes Switzerland, Slovakia, Hungary, Czech Republic, Spain and Poland; Middle East/South East Asia (ME/SEA), which includes the United Arab Emirates, Qatar, Thailand, Singapore, Cambodia and Vietnam, and North America, which includes the United States and Mexico.

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