Compass Point Lowers DeVry Education Group Price Target to $40.00 (DV)
Research analysts at Compass Point decreased their price objective on shares of DeVry Education Group (NYSE:DV) from $44.00 to $40.00 in a report released on Friday. The firm currently has a “neutral” rating on the stock. Compass Point’s price objective would suggest a potential downside of 1.45% from the company’s current price.
Separately, analysts at Stifel Nicolaus upgraded shares of DeVry Education Group from a “hold” rating to a “buy” rating in a research note on Friday, August 1st. They now have a $48.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $40.88.
DeVry Education Group (NYSE:DV) opened at 40.59 on Friday. DeVry Education Group has a 1-year low of $28.00 and a 1-year high of $47.73. The stock’s 50-day moving average is $42.20 and its 200-day moving average is $41.20. The company has a market cap of $2.577 billion and a P/E ratio of 41.38. DeVry Education Group also saw some unusual options trading on Thursday. Stock investors purchased 232 put options on the stock. This represents an increase of 427% compared to the typical daily volume of 44 put options.
DeVry Education Group (NYSE:DV) last released its earnings data on Thursday, August 7th. The company reported $0.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.67 by $0.06. The company had revenue of $485.10 million for the quarter, compared to the consensus estimate of $487.50 million. During the same quarter last year, the company posted $0.54 earnings per share. DeVry Education Group’s revenue was up 1.1% compared to the same quarter last year. Analysts expect that DeVry Education Group will post $2.57 EPS for the current fiscal year.
DeVry Education Group Inc , formerly DeVry Inc, 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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