Nord Anglia Education, Inc. (NYSE:NORD) issued its quarterly earnings results on Tuesday. The company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28, Morningstar.com reports. The company had revenue of $272.20 million for the quarter, compared to analyst estimates of $273.27 million. Nord Anglia Education had a return on equity of 22.86% and a net margin of 6.07%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.28 earnings per share.

Nord Anglia Education (NORD) opened at 32.94 on Tuesday. Nord Anglia Education has a 52 week low of $20.08 and a 52 week high of $33.11. The company’s 50-day moving average price is $32.64 and its 200 day moving average price is $28.00. The company has a market cap of $3.43 billion, a PE ratio of 66.68 and a beta of 0.96.

WARNING: “Nord Anglia Education, Inc. (NYSE:NORD) Releases Earnings Results, Meets Estimates” was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another domain, it was stolen and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.americanbankingnews.com/2017/07/25/nord-anglia-education-inc-nysenord-releases-earnings-results-meets-estimates.html.

NORD has been the topic of a number of research analyst reports. Zacks Investment Research lowered Nord Anglia Education from a “buy” rating to a “hold” rating in a report on Wednesday, March 29th. TheStreet raised Nord Anglia Education from a “d” rating to a “c” rating in a report on Monday, March 27th. Credit Suisse Group reissued an “outperform” rating and set a $28.00 price target on shares of Nord Anglia Education in a report on Monday, April 17th. William Blair lowered Nord Anglia Education from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 25th. Finally, J P Morgan Chase & Co lowered Nord Anglia Education from an “overweight” rating to a “neutral” rating and set a $32.50 price target on the stock. in a report on Wednesday, April 26th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $29.57.

Large investors have recently added to or reduced their stakes in the company. Triple Frond Partners LLC increased its stake in Nord Anglia Education by 7.2% in the first quarter. Triple Frond Partners LLC now owns 1,503,073 shares of the company’s stock worth $38,088,000 after buying an additional 100,632 shares during the last quarter. Blair William & Co. IL increased its stake in Nord Anglia Education by 6.6% in the first quarter. Blair William & Co. IL now owns 747,582 shares of the company’s stock worth $17,546,000 after buying an additional 46,159 shares during the last quarter. Bank of Montreal Can increased its stake in Nord Anglia Education by 1,109.6% in the second quarter. Bank of Montreal Can now owns 251,819 shares of the company’s stock worth $8,202,000 after buying an additional 231,000 shares during the last quarter. Sensato Investors LLC purchased a new stake in Nord Anglia Education during the first quarter worth $5,704,000. Finally, Geneva Advisors LLC increased its stake in Nord Anglia Education by 0.7% in the first quarter. Geneva Advisors LLC now owns 181,591 shares of the company’s stock worth $4,602,000 after buying an additional 1,253 shares during the last quarter. Institutional investors own 34.60% of the company’s stock.

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)

Receive News & Ratings for Nord Anglia Education Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nord Anglia Education Inc. and related companies with MarketBeat.com's FREE daily email newsletter.