Nord Anglia Education Inc. (NYSE:NORD) issued its earnings results on Tuesday. The company reported ($0.14) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.01. Nord Anglia Education had a return on equity of 20.31% and a net margin of 2.06%. The company earned $115.10 million during the quarter, compared to the consensus estimate of $110.77 million. During the same period in the previous year, the firm posted ($0.22) earnings per share. Nord Anglia Education’s quarterly revenue was up 27.2% compared to the same quarter last year. Nord Anglia Education updated its FY17 guidance to $0.64-0.69 EPS.

Shares of Nord Anglia Education (NYSE:NORD) opened at 23.30 on Tuesday. The firm has a 50-day moving average price of $22.34 and a 200-day moving average price of $21.97. Nord Anglia Education has a 52-week low of $14.58 and a 52-week high of $24.34. The firm has a market capitalization of $2.43 billion, a P/E ratio of 170.07 and a beta of 0.91.

Earnings History for Nord Anglia Education (NYSE:NORD)

Several large investors have recently added to or reduced their stakes in the stock. Loomis Sayles & Co. L P boosted its stake in Nord Anglia Education by 17.7% in the second quarter. Loomis Sayles & Co. L P now owns 1,269,903 shares of the company’s stock valued at $26,846,000 after buying an additional 191,378 shares during the last quarter. Janus Capital Management LLC boosted its stake in Nord Anglia Education by 14.8% in the second quarter. Janus Capital Management LLC now owns 263,357 shares of the company’s stock valued at $5,567,000 after buying an additional 34,012 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in Nord Anglia Education by 6.6% in the second quarter. Thrivent Financial for Lutherans now owns 251,800 shares of the company’s stock valued at $5,323,000 after buying an additional 15,600 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Nord Anglia Education by 149.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 189,826 shares of the company’s stock valued at $4,013,000 after buying an additional 113,761 shares during the last quarter. Finally, State Street Corp boosted its stake in Nord Anglia Education by 250.1% in the second quarter. State Street Corp now owns 137,605 shares of the company’s stock valued at $2,908,000 after buying an additional 98,295 shares during the last quarter. Institutional investors and hedge funds own 29.23% of the company’s stock.

NORD has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their target price on Nord Anglia Education from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Tuesday, August 9th. Zacks Investment Research upgraded Nord Anglia Education from a “sell” rating to a “hold” rating in a research note on Wednesday, August 10th. Credit Suisse Group AG restated a “buy” rating on shares of Nord Anglia Education in a research note on Friday, August 26th. Finally, Barclays PLC restated an “overweight” rating and issued a $22.00 target price on shares of Nord Anglia Education in a research note on Saturday, October 15th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $24.17.

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About Nord Anglia Education

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.

5 Day Chart for NYSE:NORD

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