IEL – Morgan Stanley rates the stock as Overweight
First half result beat Morgan Stanley’s estimates. Earnings are re-based higher while sales growth assumptions are lifted for FY20 and beyond.
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IEL – Morgan Stanley rates as Overweight
Direct competition is limited and highly fragmented so Morgan Stanley believes the company can attain global leadership.
Read MoreIEL – Morgan Stanley rates the stock as Overweight
Direct competition is limited and highly fragmented so Morgan Stanley believes the company can attain global leadership.
Read MoreIEL – Morgan Stanley rates the stock as Overweight
Morgan Stanley expects the the company to deliver a strong first half, with earnings certainty underpinned by strong student visa data. IDP continues to be the broker’s preference, notwithstanding it is trading on a higher multiple because of a faster growth trajectory versus Navitas ((NVT)).
Read MoreIEL – Macquarie rates the stock as Outperform
Macquarie reviews modelling assumptions following additional disclosures in the annual report.
Read MoreIEL – Macquarie rates the stock as Outperform
Macquarie reviews modelling assumptions following additional disclosures in the annual report.
Read MoreIEL & The International Education Boom
IEL Continues To Profit From The International Education Boom
Read MoreIDP Capitalises On Global Demand For A Good Education
IDP Education (ASX:IEL) is a provider of international student placement and English language testing services. It also owns English language schools in South East Asia and organises educational events and conferences. IDP’s strong result for the six months to December 2016 saw a spike in its share price, and confirmed our faith in this high quality business.
Read MoreIEL – Macquarie rates the stock as Outperform
First half earnings were ahead of Macquarie’s estimates. The beat on headline net profit reflected gross margin improvement and lower depreciation.
Read MoreIEL – Macquarie rates the stock as Outperform
IDP has acquired UK-based digital marketing and online student recruitment company Hotcourses, which is basically a global uni/college comparison site. The deal complements IDP’s student placement division and accelerates digital engagement strategies, the broker suggests.
Read MoreIDP Leveraging the Growth In Demand For Education
IDP Education listed on the ASX under the stock code IEL in the latter part of last year. Education Australia, which comprises 38 Australian Universities owns 50 per cent of IDP, and has agreed to escrow this shareholding until the release of the FY 2016 results in August.
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