DeVry Stock Rating Upgraded by McLean Capital Management (DV)
DeVry (NYSE:DV) was upgraded by equities researchers at McLean Capital Management from a “neutral” rating to a “buy” rating in a research report issued on Friday, AnalystRatings.Net reports.
Shares of DeVry (NYSE:DV) traded up 2.18% on Friday, hitting $36.98. 1,205,346 shares of the company’s stock traded hands. DeVry has a 1-year low of $18.61 and a 1-year high of $34.51. The stock has a 50-day moving average of $30.26 and a 200-day moving average of $30.48. The company has a market cap of $2.329 billion and a P/E ratio of 21.96.
DeVry (NYSE:DV) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.23 by $0.01. The company had revenue of $450.90 million for the quarter, compared to the consensus estimate of $449.41 million. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was down 6.6% on a year-over-year basis. Analysts expect that DeVry will post $2.30 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on DV. Analysts at Standpoint Research downgraded shares of DeVry from a “buy” rating to a “hold” rating in a research note to investors on Wednesday. They noted that the move was a valuation call. Separately, analysts at Zacks reiterated a “neutral” rating on shares of DeVry in a research note to investors on Monday, October 7th. They now have a $32.00 price target on the stock. Finally, analysts at Thomson Reuters/Verus downgraded shares of DeVry from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 19th. Thirteen investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $29.80.
DeVry Inc (NYSE:DV) is a provider of educational services and the parent organization of Advanced Academics, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine.
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