|Bid||4.98 x 0|
|Ask||5.00 x 0|
|Day's range||4.9200 - 5.0500|
|52-week range||3.8700 - 5.6400|
|Beta (3Y monthly)||0.13|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jan. 2019 - 1 Feb. 2019|
|Forward dividend & yield||0.17 (3.31%)|
|1y target est||5.06|
Navitas shares have fallen after the adult education provider rejected a further takeover offer from a BGH Capital-led consortium
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Shares in Navitas soared after the education services provider came under a takeover offer by a consortium including private equity, a superannuation fund and a former CEO. The bid is by a consortium of BGH Capital, AustralianSuper and Rodney Jones, a former CEO of Navitas. AustralianSuper currently holds 5.4% of Navitas and Rodney Jones 12.6%.
Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. Navitas is one of Australia’s large-cap stocks thatRead More...
Navitas has flagged the possible closure of its Australian health skills training business as it moves to close three international colleges.
Does the share price for Navitas Limited (ASX:NVT) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by taking the expected future cash flows and discounting themRead More...
Shares in Navitas have taken a beating after the education provider's first-half profit was hit by the closure of some colleges and a decline in government-backed language training contracts. Navitas made a net profit of $24.7 million in the six months to December 31, down 54 per cent from a year ago. The company said its profit was impacted by the loss of earnings following the closure of the Macquarie and Curtin Sydney colleges, and a $7.5 million devaluation of tax loss assets in the US as a result of recently passed tax cuts.
Education provider Navitas's first-half profit has slumped by more than 50 per cent, hit by the previously announced closure of some colleges and a decline in government-backed language training contracts. Navitas's net profit for the six months to December 31 fell by 53.6 per cent to $24.7 million. Navitas chief executive Rod Jones says the group delivered strong academic outcomes for students while delivering growth and improved cash flows from continuing operations.
Education provider Navitas's half-year profit has fallen by 53.6 per cent to $24.7 million, hit by the previously announced closure of some colleges and a decline in government-backed language training ...