Nord Anglia Education Inc. (NYSE:NORD) issued an update on its FY17 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.64-0.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.67. The company issued revenue guidance of $910-930 million (prior $925-945 million), compared to the consensus revenue estimate of $936.51 million.

Shares of Nord Anglia Education Inc. (NYSE:NORD) opened at 23.77 on Wednesday. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 173.50 and a beta of 0.91. The company has a 50 day moving average price of $22.34 and a 200-day moving average price of $21.97. Nord Anglia Education Inc. has a one year low of $14.58 and a one year high of $24.34.

Nord Anglia Education (NYSE:NORD) last issued its quarterly earnings results on Tuesday, November 29th. The company reported ($0.14) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.01. The firm had revenue of $115.10 million for the quarter, compared to analyst estimates of $110.77 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 27.2% compared to the same quarter last year. During the same period last year, the company posted ($0.22) EPS. Equities analysts predict that Nord Anglia Education Inc. will post $0.64 earnings per share for the current fiscal year.

NORD has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Nord Anglia Education from a sell rating to a hold rating in a report on Wednesday, November 9th. Barclays PLC reiterated an overweight rating and issued a $22.00 price objective on shares of Nord Anglia Education in a report on Saturday, October 15th. Credit Suisse Group AG set a $25.00 price objective on shares of Nord Anglia Education and gave the company a buy rating in a report on Tuesday, October 11th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Nord Anglia Education from $23.00 to $24.00 and gave the company an overweight rating in a report on Tuesday, August 9th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $24.17.

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Several hedge funds have recently made changes to their positions in NORD. Loomis Sayles & Co. L P increased its stake 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 worth $26,846,000 after buying an additional 191,378 shares in the last quarter. Janus Capital Management LLC increased its stake 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 worth $5,567,000 after buying an additional 34,012 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Nord Anglia Education by 6.6% in the second quarter. Thrivent Financial for Lutherans now owns 251,800 shares of the company’s stock worth $5,323,000 after buying an additional 15,600 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its stake 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 worth $4,013,000 after buying an additional 113,761 shares in the last quarter. Finally, State Street Corp increased its stake 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 worth $2,908,000 after buying an additional 98,295 shares in the last quarter. Institutional investors and hedge funds own 29.23% 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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