Shares in international student placement provider Idp Education Ltd (ASX: IEL) were on the slide at the time of writing, down 0.8% to $7.42, but the share price has been on a definitive up in the last year, with a 52-week low of just $4.20.
IDP Education owns and operates English language schools in South East Asia and organises global educational events and conferences.
Medallion Financial Group analyst Michael Wayne has placed a buy recommendation on the stock, after IDP booked 28% growth for the first-half of 2018 from the previous corresponding period.
Wayne said the company had "understated pricing power" supported by better-than-expected margin growth, with its placement services business delivering 46% growth in the first-half.
IDP Education has a $1.87 billion market capitalisation with a "multi-destination" strategy driving its growth and increased volumes to Canada and the UK being the highlight.
Physically IDP has now expanded to a network of more than 100 offices with India, New Zealand and Nepal on the list as growth regions.
If Wayne is right this is certainly a stock to watch as it embarks on a digital transformation and builds upon its solid foundation to improve its outcomes on a global scale.
