Latest news with #IDPEducationLtd
Business Insider
4 days ago
- Business
- Business Insider
IDP Education Ltd. (03F) was downgraded to a Hold Rating at Jarden
IDP Education Ltd. (03F – Research Report) received a Hold rating and a A$6.95 price target from Jarden analyst Elizabeth Miliatis yesterday. The company's shares closed last Monday at €4.04. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Miliatis covers the Financial sector, focusing on stocks such as Pinnacle Investment Management Group Limited, Platinum Asset Management Ltd, and GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh. According to TipRanks, Miliatis has an average return of 1.4% and a 61.96% success rate on recommended stocks. Currently, the analyst consensus on IDP Education Ltd. is a Moderate Buy with an average price target of €3.50, a -13.37% downside from current levels. In a report released yesterday, Morgan Stanley also downgraded the stock to a Hold with a A$4.25 price target.
Business Insider
5 days ago
- Business
- Business Insider
Morgan Stanley downgrades IDP Education Ltd. (03F) to a Hold
In a report released today, Melinda Baxter from Morgan Stanley downgraded IDP Education Ltd. (03F – Research Report) to a Hold, with a price target of A$4.25. The company's shares closed last Monday at €4.04. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Baxter is an analyst with an average return of -9.4% and a 31.25% success rate. Baxter covers the Consumer Cyclical sector, focusing on stocks such as Wesfarmers Limited, Aristocrat Leisure , and IDP Education Ltd.. In addition to Morgan Stanley, IDP Education Ltd. also received a Hold from Morgans's Scott Murdoch CFA in a report issued today. However, yesterday, Macquarie maintained a Buy rating on IDP Education Ltd. (Frankfurt: 03F). Based on IDP Education Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €475.35 million and a net profit of €59.54 million. In comparison, last year the company earned a revenue of €577.41 million and had a net profit of €97.17 million
Business Insider
5 days ago
- Business
- Business Insider
IDP Education Ltd. (03F) was downgraded to a Hold Rating at Ord Minnett
IDP Education Ltd. (03F – Research Report) received a Hold rating and an A$8.00 price target from Ord Minnett analyst today. The company's shares closed last Monday at €4.04. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to Ord Minnett, IDP Education Ltd. also received a Hold from Morgans's Scott Murdoch CFA in a report issued today. However, yesterday, Macquarie maintained a Buy rating on IDP Education Ltd. (Frankfurt: 03F). The company has a one-year high of €10.50 and a one-year low of €4.04. Currently, IDP Education Ltd. has an average volume of 160.
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Business Standard
6 days ago
- Business
- Business Standard
30% drop in student placements amid global visa crackdown? IDP rings alarm
Student placement company IDP Education Ltd expects student placements to drop by as much as 30% this financial year, while language testing volumes are forecast to slip by up to 20%. The company said on Tuesday that it would review its costs as a result. What's going on? 'While elections have now been held in all key destination markets, policy uncertainty and negative rhetoric continues, while economic uncertainty has increased,' said IDP. 'Governments in all key destination countries are currently seeking to temporarily reduce migration levels, and economic and geopolitical uncertainty has increased,' the statement added. IDP said this environment is making it harder for international students in the UK, Australia, Canada and the US. • In the UK, the Immigration Policy White Paper released on May 12, 2025, has raised concerns about further restrictions on student immigration • In Australia and Canada, policies remain tight, with further changes expected • In the US, the environment for international students has become more challenging, with visa rejections rising and new visa appointments paused UK adjusts student visa policies The UK still allows the Graduate Route, though dependants are no longer permitted on student visas. IDP reported a 9% drop in visa issuance compared to last year. The Immigration White Paper recommends higher salary thresholds and English language requirements for skilled worker visas, as well as a 6% levy on universities for enrolling international students. It also proposes reducing the Graduate Route from 24 months to 18 months. Australia places caps and raises fees In Australia, proposed permanent student caps were not passed, but visa processing has slowed as institutions reach their 80% 'soft cap' limits under Ministerial Direction 111. Visa fees rose from A$710 to A$1,600 in July 2024, with further increases on the table. The government has also limited onshore applications, meaning more students must apply offshore. Graduate visas now have an age cap of 35, down from 50. IDP said these changes have slowed offer turnaround times and affected enrolments. Canada cuts work permits and student caps In Canada, the Post-Graduation Work Permit (PGWP) has been restricted since November 2024 to students in high-demand occupations. Fast-track visa schemes such as the Student Direct Stream ended late last year. Spousal open work permits are now only available to partners of students in fields like medicine and engineering. IDP said visa issuance has plummeted by 65% in Canada this year, with a 10% cut in study permit numbers planned for 2025. US visa pauses and Chinese student revocations In the US, IDP said visa rejections have jumped sharply, and new visa appointments were halted temporarily on May 27, 2025, to allow for expanded social media checks. The US government has also revoked visas for some Chinese students linked to critical fields or with ties to the Chinese Communist Party. IDP noted a 27% drop in US visa issuance compared to the previous year. Key figures for the year so far, according to IDP: • Australia: visa issuance down 10% • United Kingdom: visa issuance down 9% • Canada: visa issuance down 65% • United States: visa issuance down 27% • Student placement volumes down 28-30% • Language testing volumes down 18-20% 'Challenging immigration conditions continue to weigh on demand,' IDP said. The bigger picture: Global education faces a crossroad Against this backdrop, Indian students are turning to new destinations like Germany, Ireland, New Zealand and Russia. India's education ministry data showed the number of Indian students in Germany rose 68% to 34,702 in 2024, up from 20,684 in 2022. New Zealand saw a 354% jump, from 1,605 to 7,297. Ireland saw a 49% rise, and Russia 59%.
Business Insider
14-05-2025
- Business
- Business Insider
UBS Keeps Their Hold Rating on IDP Education Ltd. (03F)
UBS analyst Tim Plumbe maintained a Hold rating on IDP Education Ltd. (03F – Research Report) today and set a price target of A$12.00. The company's shares closed last Monday at €5.45. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Plumbe covers the Consumer Cyclical sector, focusing on stocks such as Flight Centre Travel Group Limited, Corporate Travel Management Limited, and Collins Foods . According to TipRanks, Plumbe has an average return of 0.0% and a 43.89% success rate on recommended stocks. IDP Education Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of €7.80, implying a 43.12% upside from current levels. In a report released on May 9, Goldman Sachs also maintained a Hold rating on the stock with a A$11.10 price target.
