Nord Anglia Education, Inc. (NYSE:NORD) released its quarterly earnings results on Tuesday, July 25th. The company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28, Morningstar.com reports. The firm had revenue of $272.20 million during the quarter, compared to analyst estimates of $273.27 million. Nord Anglia Education had a net margin of 6.71% and a return on equity of 22.11%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.28 EPS.

Nord Anglia Education (NORD) traded down 0.12% on Friday, reaching $32.55. 140,547 shares of the company’s stock traded hands. Nord Anglia Education has a 12-month low of $20.08 and a 12-month high of $33.15. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 57.71 and a beta of 0.96. The stock has a 50 day moving average price of $32.82 and a 200 day moving average price of $29.25.

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A number of hedge funds have recently bought and sold shares of NORD. Bank of America Corp DE boosted its stake in shares of Nord Anglia Education by 82.4% in the first quarter. Bank of America Corp DE now owns 7,250 shares of the company’s stock worth $183,000 after buying an additional 3,275 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in shares of Nord Anglia Education during the second quarter worth about $203,000. Trexquant Investment LP boosted its stake in shares of Nord Anglia Education by 8.4% in the first quarter. Trexquant Investment LP now owns 9,300 shares of the company’s stock worth $236,000 after buying an additional 720 shares during the last quarter. California Public Employees Retirement System purchased a new stake in shares of Nord Anglia Education during the second quarter worth about $241,000. Finally, Virtu Financial LLC purchased a new stake in shares of Nord Anglia Education during the second quarter worth about $305,000. Institutional investors own 35.26% of the company’s stock.

Several research analysts recently issued reports on NORD shares. BMO Capital Markets downgraded shares of Nord Anglia Education from an “outperform” rating to a “market perform” rating and set a $32.50 price objective for the company. in a research note on Thursday, April 27th. BidaskClub raised shares of Nord Anglia Education from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Credit Suisse Group downgraded shares of Nord Anglia Education from an “outperform” rating to a “neutral” rating and set a $32.50 price objective for the company. in a research note on Tuesday, April 25th. J P Morgan Chase & Co downgraded shares of Nord Anglia Education from an “overweight” rating to a “neutral” rating and set a $32.50 price objective for the company. in a research note on Wednesday, April 26th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $32.50 price objective on shares of Nord Anglia Education in a research note on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $29.57.

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.

Earnings History for Nord Anglia Education (NYSE:NORD)

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