DeVry Education Group Inc (DV) is Downgraded by Credit Suisse to Neutral

DeVry Education Group Inc (DV) was Downgraded by Credit Suisse to ” Neutral”. Earlier the firm had a rating of “Outperform ” on the company shares. Credit Suisse advised their investors in a research report released on Jun 2, 2016.

Many Wall Street Analysts have commented on DeVry Education Group Inc. DeVry Education Group Inc was Downgraded by BofA/Merrill to ” Underperform” on Apr 20, 2016.

On the company’s financial health, DeVry Education Group Inc reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.62. The company had revenue of $474.20 million for the quarter, compared to analysts expectations of $466.44 million. The company’s revenue was down -3.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.72 EPS.

DeVry Education Group Inc opened for trading at $17.92 and hit $18.25 on the upside on Wednesday, eventually ending the session at $18.2, with a gain of 1.56% or 0.28 points. The heightened volatility saw the trading volume jump to 7,74,591 shares. Company has a market cap of $1,142 M.

In a different news, on Feb 26, 2016, Gregory S Davis (Senior Vice President, General) sold 753 shares at $18.10 per share price. According to the SEC, on Feb 25, 2016, Timothy J Wiggins (SVP & Chief Financial Officer) sold 790 shares at $17.94 per share price. On Nov 6, 2015, David S Brown (director) sold 8,589 shares at $24.77 per share price, according to the Form-4 filing with the securities and exchange commission.

DeVry Education Group Inc. (DeVry Group) is a provider of educational services. DeVry Group’s institutions offer an array of programs in business healthcare and technology and serve students in postsecondary education as well as accounting and finance professionals. DeVry Group operates through three segments: Business Technology and Management Medical and Healthcare and International and Professional Education. The Company’s Business Technology and Management segment comprises the operation of DeVry University; the Company’s Medical and Healthcare segment includes the operations of DeVry Medical International which operates three institutions: American University of the Caribbean School of Medicine (AUC) Ross University School of Medicine (RUSM) and Ross University School of Veterinary Medicine and the Company’s International and Professional Education segment includes the operations of DeVry Brasil and Becker.

DeVry Education Group Inc

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