Barclays PLC reaffirmed their overweight rating on shares of Nord Anglia Education Inc. (NYSE:NORD) in a research report sent to investors on Saturday morning. The brokerage currently has a $22.00 target price on the stock.
NORD has been the subject of several other research reports. Zacks Investment Research raised shares of Nord Anglia Education from a sell rating to a hold rating in a report on Tuesday, June 21st. Credit Suisse Group AG reissued a buy rating and issued a $25.00 price target on shares of Nord Anglia Education in a report on Tuesday, June 28th. Finally, JPMorgan Chase & Co. boosted their price target 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 investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $24.71.
Nord Anglia Education (NYSE:NORD) opened at 21.53 on Friday. The firm has a market capitalization of $2.24 billion, a P/E ratio of 157.15 and a beta of 0.91. Nord Anglia Education has a 52-week low of $14.58 and a 52-week high of $23.88. The firm’s 50-day moving average is $21.73 and its 200 day moving average is $21.71.
Nord Anglia Education (NYSE:NORD) last released its earnings results on Tuesday, July 26th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. Nord Anglia Education had a net margin of 2.06% and a return on equity of 20.31%. The firm earned $253.80 million during the quarter, compared to analyst estimates of $247.57 million. During the same quarter in the previous year, the business earned $0.24 EPS. The business’s quarterly revenue was up 49.3% compared to the same quarter last year. Equities analysts anticipate that Nord Anglia Education will post $0.64 EPS for the current year.
A number of large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted 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 in the last quarter. Public Employees Retirement Association of Colorado acquired a new stake in shares of Nord Anglia Education during the second quarter valued at approximately $163,000. BlackRock Group LTD boosted its stake in shares of Nord Anglia Education by 74.2% in the second quarter. BlackRock Group LTD now owns 8,959 shares of the company’s stock valued at $189,000 after buying an additional 3,817 shares during the period. Vanguard Group Inc. acquired a new stake in shares of Nord Anglia Education during the second quarter valued at approximately $202,000. Finally, Aperio Group LLC acquired a new stake in shares of Nord Anglia Education during the first quarter valued at approximately $319,000. 31.51% of the stock is currently owned by institutional investors and hedge funds.
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.
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