Credit Suisse Group AG set a $25.00 target price on Nord Anglia Education Inc. (NYSE:NORD) in a research report report published on Tuesday. The brokerage currently has a a buy rating on the stock.
Several other analysts have also recently issued reports on NORD. Barclays PLC restated a buy rating on shares of Nord Anglia Education in a report on Saturday, July 9th. Zacks Investment Research upgraded Nord Anglia Education from a sell rating to a hold rating in a report on Friday, July 1st. Finally, JPMorgan Chase & Co. upped their target price on 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 seven have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of $24.71.
Nord Anglia Education (NYSE:NORD) opened at 21.29 on Tuesday. The company has a 50 day moving average of $21.80 and a 200-day moving average of $21.70. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 155.40 and a beta of 0.91. Nord Anglia Education has a 12-month low of $14.58 and a 12-month high of $23.88.
Nord Anglia Education (NYSE:NORD) last issued its earnings results on Tuesday, July 26th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.01. The company earned $253.80 million during the quarter, compared to analysts’ expectations of $247.57 million. Nord Anglia Education had a return on equity of 20.31% and a net margin of 2.06%. The firm’s quarterly revenue was up 49.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.24 EPS. On average, equities research analysts forecast that Nord Anglia Education will post $0.64 earnings per share for the current year.
Several institutional investors have recently added to or reduced their stakes in NORD. JPMorgan Chase & Co. raised its position 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. Public Employees Retirement Association of Colorado purchased a new position in Nord Anglia Education during the second quarter valued at about $163,000. BlackRock Group LTD raised its position in 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 last quarter. Vanguard Group Inc. purchased a new position in Nord Anglia Education during the second quarter valued at about $202,000. Finally, Aperio Group LLC purchased a new position in Nord Anglia Education during the first quarter valued at about $319,000. Institutional investors and hedge funds own 31.51% of the company’s stock.
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