Weakness Seen in Nord Anglia Education (NORD): Stock Falls 6.9%
Nord Anglia Education, Inc. (NORD) saw a big move in the last trading session, as the company’s shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for NORD, as the stock is now down nearly 17% in the past one-month time frame.
The company, which operates premium schools worldwide, has not seen any estimate revision over the past month, and the current year earnings consensus hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
NORD currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Schools industry may consider better-ranked stocks like Bridgepoint Education, Inc. (BPI), Lincoln Educational Services Corporation (LINC) and Universal Technical Institute, Inc. (UTI), each of which holds a Zacks Rank #2 (Buy).
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NORD ANGLIA EDUCATION INC (NORD): Free Stock Analysis Report
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