Nord Anglia Education (NYSE:NORD) Earning Somewhat Favorable News Coverage, Analysis Shows
Media stories about Nord Anglia Education (NYSE:NORD) have been trending somewhat positive recently, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nord Anglia Education earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned media stories about the company an impact score of 100 out of 100, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the near future.
A number of brokerages have weighed in on NORD. Credit Suisse Group cut shares of Nord Anglia Education from an “outperform” rating to a “neutral” rating and set a $32.50 price target on the stock. in a research report on Tuesday, April 25th. BidaskClub cut shares of Nord Anglia Education from a “buy” rating to a “hold” rating in a research report on Saturday, July 22nd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $32.50 price target on shares of Nord Anglia Education in a research report on Friday, April 28th. J P Morgan Chase & Co cut shares of Nord Anglia Education from an “overweight” rating to a “neutral” rating and set a $32.50 price target on the stock. in a research report on Wednesday, April 26th. Finally, CLSA reissued an “underperform” rating on shares of Nord Anglia Education in a research report on Thursday, April 27th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. Nord Anglia Education currently has a consensus rating of “Hold” and an average target price of $29.57.
Shares of Nord Anglia Education (NYSE NORD) traded up 1.07% during mid-day trading on Friday, hitting $33.11. 387,551 shares of the company were exchanged. The stock has a market cap of $3.45 billion, a PE ratio of 58.71 and a beta of 0.96. Nord Anglia Education has a 12-month low of $20.08 and a 12-month high of $33.15. The stock’s 50-day moving average price is $32.71 and its 200 day moving average price is $28.41.
Nord Anglia Education (NYSE:NORD) last announced its earnings results on Tuesday, July 25th. The company reported $0.28 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.28. Nord Anglia Education had a return on equity of 22.11% and a net margin of 6.71%. The firm had revenue of $272.20 million during the quarter, compared to analysts’ expectations of $273.27 million. During the same quarter in the prior year, the business earned $0.28 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. On average, equities analysts anticipate that Nord Anglia Education will post $0.66 EPS for the current fiscal year.
About Nord Anglia Education
Nord Anglia Education, Inc is an operator of international schools. As of August 31, 2016, the Company taught over 37,000 students, from kindergarten through the end of secondary school (K-12), at its 43 schools in China, Europe, the Middle East, South East Asia and North America. The Company’s segments include China, Europe, Middle East (ME), Southeast Asia (SEA), North America and Other.
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