Nord Anglia Education Inc. (NORD) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Nord Anglia Education Inc. (NYSE:NORD) have earned an average rating of “Buy” from the eight ratings firms that are currently covering the stock. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $25.00.
Several research analysts have commented on NORD shares. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Nord Anglia Education in a research note on Friday, August 26th. Barclays PLC reaffirmed an “overweight” rating and set a $22.00 price objective on shares of Nord Anglia Education in a research note on Saturday. JPMorgan Chase & Co. lifted their price objective on shares of 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, Zacks Investment Research raised shares of Nord Anglia Education from a “sell” rating to a “hold” rating in a research note on Tuesday, June 21st.
Shares of Nord Anglia Education (NYSE:NORD) traded down 1.72% on Wednesday, reaching $21.70. 47,345 shares of the company’s stock traded hands. The stock has a 50-day moving average of $21.73 and a 200 day moving average of $21.73. Nord Anglia Education has a 12-month low of $14.58 and a 12-month high of $23.88. The firm has a market cap of $2.26 billion, a P/E ratio of 158.39 and a beta of 0.91.
Nord Anglia Education (NYSE:NORD) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The company earned $253.80 million during the quarter, compared to analyst estimates of $247.57 million. Nord Anglia Education had a net margin of 2.06% and a return on equity of 20.31%. Nord Anglia Education’s quarterly revenue was up 49.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.24 earnings per share. On average, equities research analysts expect that Nord Anglia Education will post $0.64 earnings per share for the current year.
Hedge funds have recently modified their holdings of the stock. BlackRock Fund Advisors bought a new stake in shares of Nord Anglia Education during the second quarter worth about $484,000. Vanguard Group Inc. purchased a new stake in Nord Anglia Education during the second quarter valued at $202,000. JPMorgan Chase & Co. increased its stake in Nord Anglia Education by 445.7% in the second quarter. JPMorgan Chase & Co. now owns 4,900 shares of the company’s stock valued at $104,000 after buying an additional 4,002 shares during the last quarter. Geneva Advisors LLC increased its stake in Nord Anglia Education by 1.9% in the second quarter. Geneva Advisors LLC now owns 180,479 shares of the company’s stock valued at $3,815,000 after buying an additional 3,290 shares during the last quarter. Finally, Blair William & Co. IL increased its stake in Nord Anglia Education by 8.0% in the second quarter. Blair William & Co. IL now owns 759,687 shares of the company’s stock valued at $16,060,000 after buying an additional 55,954 shares during the last quarter. 31.51% of the stock is owned by hedge funds and other institutional investors.
Nord Anglia Education Company Profile
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.
Receive News & Stock Ratings for Nord Anglia Education Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nord Anglia Education Inc. and related stocks with our FREE daily email newsletter.