Career Education Corporation, through its colleges, institutions and universities, offers education to students in a range of career-oriented disciplines through online, on-ground and hybrid learning programs. The Company's American InterContinental University (AIU) and Colorado Technical University (CTU) provide degree programs through the master's or doctoral level as well as associate and bachelor's levels. The Company operates through four segments: CTU, AIU, Culinary Arts and Transitional Group. Its University group consists of AIU and CTU, which serve students online with career-focused degree programs. Its Career Colleges Group consists of Culinary Arts and Transitional Group segments. The Culinary Arts segment includes Le Cordon Bleu institutions in North America (LCB), which offer hands-on educational programs in the career-oriented disciplines of culinary arts and patisserie and baking in the commercial-grade kitchens of Le Cordon Bleu.
Industry, Sector and Symbol:
- Sector: Non-Cyclical Consumer Goods & Services
- Industry: General Education Services
- Sub-Industry: Education Services
- Symbol: NASDAQ:CECO
- CUSIP: 14166510
- Web: www.careered.com/
Capitalization:- Market Cap: $681.79 million
- Outstanding Shares: 69,076,000
Average Prices:- 50 Day Moving Avg: $9.11
- 200 Day Moving Avg: $9.31
- 52 Week Range: $6.55 - $12.59
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 16.00
- P/E Growth: 4.20
Sales & Book Value:- Annual Revenue: $631.21 million
- Price / Sales: 1.09
- Book Value: $4.85 per share
- Price / Book: 2.05
Profitability:- EBIDTA: $42.44 million
- Net Margins: 3.19%
- Return on Equity: 5.65%
- Return on Assets: 3.68%
Debt:- Current Ratio: 1.73%
- Quick Ratio: 1.73%
Misc:- Average Volume: 241,731 shs.
- Beta: 2.74
- Short Ratio: 4.3
Frequently Asked Questions for Career Education Corp. (NASDAQ:CECO)
What is Career Education Corp.'s stock symbol?
Career Education Corp. trades on the NASDAQ under the ticker symbol "CECO."
How will Career Education Corp.'s stock buyback program work?
Career Education Corp. announced that its board has authorized a stock buyback plan on Wednesday, July 19th 2017, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 9.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its shares are undervalued.
How were Career Education Corp.'s earnings last quarter?
Career Education Corp. (NASDAQ:CECO) issued its earnings results on Wednesday, August, 9th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.11. The company earned $146.20 million during the quarter, compared to analysts' expectations of $147.80 million. Career Education Corp. had a return on equity of 5.65% and a net margin of 3.19%. The company's revenue for the quarter was down 19.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 earnings per share. View Career Education Corp.'s Earnings History.
When will Career Education Corp. make its next earnings announcement?
Where is Career Education Corp.'s stock going? Where will Career Education Corp.'s stock price be in 2017?
2 equities research analysts have issued 12-month price targets for Career Education Corp.'s shares. Their forecasts range from $13.00 to $13.00. On average, they expect Career Education Corp.'s share price to reach $13.00 in the next year. View Analyst Ratings for Career Education Corp..
Who are some of Career Education Corp.'s key competitors?
Some companies that are related to Career Education Corp. include Essentra PLC (ESNT), Sodastream International Ltd (SODA), Greencore Group plc (GNC), Dignity Plc (DTY), AA PLC (AA), Dairy Crest Group plc (DCG), PureCircle Limited (PURE), PetIQ (PETQ), K12 (LRN), A.G. Barr plc (BAG), Conviviality PLC (CVR), Nichols plc (NICL), Hilton Food Group plc (HFG), Stock Spirits Group PLC (STCK), M.P. Evans Group PLC (MPE), McBride plc (MCB), Devro plc (DVO) and Premier Foods Plc (PFD).
Who are Career Education Corp.'s key executives?
Career Education Corp.'s management team includes the folowing people:
- Thomas B. Lally, Independent Chairman of the Board
- Todd S. Nelson, President, Chief Executive Officer, Director
- Andrew J. Cederoth, Chief Financial Officer, Senior Vice President
- David C. Czeszewski, Senior Vice President, Chief Information Officer
- Jeffrey David Ayers, Senior Vice President, General Counsel, Corporate Secretary
- Michele A. Peppers, Vice President, Accounting and Reporting
- Andrew H. Hurst, Senior Vice President - Colorado Technical University
- John R. Kline, Senior Vice President—American InterContinental University
- Dennis H. Chookaszian, Independent Director
- Kenda B. Gonzales, Independent Director
Who owns Career Education Corp. stock?
Career Education Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (9.96%), Renaissance Technologies LLC (6.78%), Dimensional Fund Advisors LP (6.71%), Vanguard Group Inc. (4.87%), Mangrove Partners (2.76%) and State Street Corp (2.37%). Company insiders that own Career Education Corp. stock include Andrew Hurst, Gregory L Jackson, Jeffrey David Ayers, Richard D Wang and Ronald D Mccray. View Institutional Ownership Trends for Career Education Corp..
Who sold Career Education Corp. stock? Who is selling Career Education Corp. stock?
Career Education Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Western Standard LLC, Schwab Charles Investment Management Inc., OxFORD Asset Management LLP, Wells Fargo & Company MN, TIAA CREF Investment Management LLC, California Public Employees Retirement System and Russell Investments Group Ltd.. Company insiders that have sold Career Education Corp. stock in the last year include Andrew Hurst, Jeffrey David Ayers and Richard D Wang. View Insider Buying and Selling for Career Education Corp..
Who bought Career Education Corp. stock? Who is buying Career Education Corp. stock?
Career Education Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Cloverdale Capital Management LLC, Lonestar Capital Management LLC, Mangrove Partners, Chicago Equity Partners LLC, Vanguard Group Inc., Marshall Wace North America L.P., Menta Capital LLC and State Street Corp. View Insider Buying and Selling for Career Education Corp..
How do I buy Career Education Corp. stock?
Shares of Career Education Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Career Education Corp.'s stock price today?
One share of Career Education Corp. stock can currently be purchased for approximately $9.92.
MarketBeat Community Rating for Career Education Corp. (NASDAQ CECO)MarketBeat's community ratings are surveys of what our community members think about Career Education Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Career Education Corp. (NASDAQ:CECO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $13.00 (31.05% upside) |
Analysts' Ratings History for Career Education Corp. (NASDAQ:CECO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/21/2017 | Piper Jaffray Companies | Reiterated Rating | Hold | $13.00 | Low |  |
| 2/14/2017 | Needham & Company LLC | Reiterated Rating | Buy | $13.00 | N/A | |
| 11/26/2015 | Credit Suisse Group | Lower Price Target | | $8.00 -> $6.00 | N/A | |
| 11/26/2015 | Citigroup Inc. | Lower Price Target | Neutral | $10.00 -> $7.00 | N/A | |
(Data available from 9/21/2015 forward)
Earnings History for Career Education Corp. (NASDAQ:CECO)Earnings History by Quarter for Career Education Corp. (NASDAQ CECO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/1/2017 | | ($0.01) | | | | | N/A | |
| 8/9/2017 | Q2 2017 | ($0.04) | $0.07 | $147.80 million | $146.20 million | View | Listen | |
| 5/3/2017 | Q1 2017 | $0.04 | $0.08 | | $162.11 million | View | Listen | |
| 2/23/2017 | Q416 | ($0.06) | $0.04 | $155.30 million | $155.30 million | View | N/A | |
| 11/3/2016 | Q316 | ($0.09) | ($0.01) | $156.70 million | $167.63 million | View | N/A | |
| 8/3/2016 | Q216 | ($0.14) | $0.18 | $176.04 million | $182.63 million | View | N/A | |
| 5/4/2016 | Q116 | ($0.07) | $0.04 | $177.20 million | $198.90 million | View | N/A | |
| 2/29/2016 | Q415 | ($0.06) | $2.08 | $151.70 million | $199.90 million | View | Listen | |
| 11/4/2015 | Q315 | ($0.37) | ($0.17) | $170.90 million | $162.10 million | View | N/A | |
| 8/6/2015 | Q215 | $0.12 | ($0.14) | $157.65 million | $174.80 million | View | N/A | |
| 5/6/2015 | Q115 | ($0.29) | ($0.37) | $182.80 million | $182.30 million | View | N/A | |
| 3/3/2015 | Q414 | ($0.30) | ($0.12) | $232.51 million | $174.20 million | View | N/A | |
| 11/6/2014 | Q314 | ($0.57) | ($0.68) | $224.50 million | $227.50 million | View | N/A | |
| 8/7/2014 | Q214 | ($0.50) | ($0.40) | $233.64 million | $229.30 million | View | Listen | |
| 5/8/2014 | Q114 | ($0.42) | ($0.71) | $253.54 million | $243.10 million | View | Listen | |
| 2/27/2014 | Q413 | ($0.52) | ($0.29) | $241.44 million | $247.10 million | View | Listen | |
| 11/7/2013 | Q313 | ($0.53) | ($0.65) | $255.50 million | $251.30 million | View | Listen | |
| 8/7/2013 | Q2 2013 | ($0.51) | ($0.45) | $292.33 million | $294.80 million | View | Listen | |
| 5/6/2013 | Q1 2013 | ($0.11) | ($0.12) | $338.21 million | $340.50 million | View | Listen | |
| 2/27/2013 | Q4 2012 | ($0.34) | ($0.35) | $340.64 million | $354.70 million | View | Listen | |
| 11/8/2012 | Q312 | ($0.43) | ($0.47) | $324.35 million | $332.80 million | View | N/A | |
| 7/31/2012 | | ($0.01) | ($0.18) | | | View | N/A | |
| 5/10/2012 | | $0.24 | $0.60 | | | View | N/A | |
| 11/1/2011 | | $0.35 | $0.15 | | | View | N/A | |
| 8/3/2011 | | $0.66 | $0.73 | | | View | N/A | |
| 5/5/2011 | | $0.75 | $0.89 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Career Education Corp. (NASDAQ:CECO)Current Year EPS Consensus Estimate: $0.18 EPS
Next Year EPS Consensus Estimate: $0.62 EPS
Dividend History for Career Education Corp. (NASDAQ:CECO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Career Education Corp. (NASDAQ:CECO)Insider Ownership Percentage: 4.88%
Institutional Ownership Percentage: 75.38%
Insider Trades by Quarter for Career Education Corp. (NASDAQ:CECO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/14/2017 | Gregory L Jackson | Director | Buy | 10,000 | $8.78 | $87,800.00 | |
| 5/8/2017 | Jeffrey David Ayers | SVP | Sell | 14,560 | $10.50 | $152,880.00 | |
| 12/9/2016 | Richard D. Wang | Director | Sell | 200,000 | $10.22 | $2,044,000.00 | |
| 11/21/2016 | Andrew Hurst | SVP | Sell | 6,592 | $9.72 | $64,074.24 | |
| 5/10/2016 | Ronald D Mccray | Director | Sell | 6,000 | $6.01 | $36,060.00 | |
| 6/4/2015 | Ronald D Mccray | CEO | Buy | 5,000 | $3.72 | $18,600.00 | |
| 8/14/2014 | Ronald D Mccray | Director | Buy | 1,000 | $5.12 | $5,120.00 | |
| 6/6/2014 | Reid E Simpson | CFO | Buy | 10,000 | $4.71 | $47,100.00 | |
| 6/6/2014 | Scott W Steffey | CEO | Buy | 16,000 | $4.65 | $74,400.00 | |
| 3/14/2014 | Diane Auer Jones | SVP | Sell | 2,481 | $6.71 | $16,647.51 | |
| 3/6/2014 | Lysa Clemens | SVP | Buy | 2,700 | $7.19 | $19,413.00 | |
| 12/12/2013 | Louis Caldera | Director | Buy | 5,000 | $4.74 | $23,700.00 | |
| 11/20/2013 | Scott Steffey | CEO | Buy | 25,000 | $4.41 | $110,250.00 | |
| 9/18/2013 | Blum Capital Partners Lp | major shareholder | Sell | 163,867 | $2.69 | $440,802.23 | |
| 9/16/2013 | Blum Capital Partners Lp | major shareholder | Sell | 189,533 | $2.65 | $502,262.45 | |
| 9/11/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 353,154 | $2.66 | $939,389.64 | |
| 9/6/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 430,000 | $2.61 | $1,122,300.00 | |
| 8/23/2013 | Blum Capital Partners Lp | major shareholder | Sell | 200,000 | $2.75 | $550,000.00 | |
| 8/21/2013 | Blum Capital Partners Lp | major shareholder | Sell | 202,280 | $2.73 | $552,224.40 | |
| 8/16/2013 | Blum Capital Partners Lp | major shareholder | Sell | 195,000 | $2.84 | $553,800.00 | |
| 8/13/2013 | Blum Capital Partners Lp | major shareholder | Sell | 170,000 | $3.08 | $523,600.00 | |
| 8/1/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 215,000 | $3.28 | $705,200.00 | |
| 7/31/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 285,000 | $3.39 | $966,150.00 | |
| 6/21/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 164,000 | $2.68 | $439,520.00 | |
| 6/20/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 336,360 | $2.79 | $938,444.40 | |
| 6/17/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 150,000 | $2.92 | $438,000.00 | |
| 6/12/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 350,000 | $3.08 | $1,078,000.00 | |
| 5/14/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 67,812 | $2.63 | $178,345.56 | |
| 5/10/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 732,188 | $2.52 | $1,845,113.76 | |
| 4/8/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 490,396 | $2.17 | $1,064,159.32 | |
| 3/6/2013 | Ronald D Mccray | Director | Buy | 1,000 | $2.57 | $2,570.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Career Education Corp. (NASDAQ:CECO)
Latest Headlines for Career Education Corp. (NASDAQ:CECO)
| Source: |
|
| Date | Headline |
|---|
 | Career Education Corporation Announces Departure of Chief Financial Officer
finance.yahoo.com - September 21 at 10:58 AM |
| What You Must Know About Career Education Corporation’s (CECO) Risks
finance.yahoo.com - September 19 at 5:09 PM |
 | Reviewing Career Education Corporation (CECO) & Capella Education (CPLA)
www.americanbankingnews.com - September 18 at 12:28 AM |
| Analyzing Apollo Education Group (APOL) & Career Education Corporation (CECO)
www.americanbankingnews.com - September 17 at 4:46 PM |
| Reviewing Career Education Corporation (CECO) and The Competition
www.americanbankingnews.com - September 14 at 6:04 PM |
| Career Education Corp. (CECO) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - August 27 at 9:50 PM |
| Career Education Corp. breached its 50 day moving average in a Bearish Manner : CECO-US : August 24, 2017
finance.yahoo.com - August 24 at 5:08 PM |
| ETFs with exposure to Career Education Corp. : August 21, 2017
finance.yahoo.com - August 22 at 10:44 PM |
 | Online Higher Education Market in the US 2017-2021
www.bizjournals.com - August 22 at 5:41 PM |
| Bridgepoint Education (BPI) vs. Career Education Corporation (CECO) Head-To-Head Survey
www.americanbankingnews.com - August 17 at 4:22 PM |
| Gregory L. Jackson Purchases 10,000 Shares of Career Education Corporation (CECO) Stock
www.americanbankingnews.com - August 15 at 8:02 PM |
| Analysts Expect Career Education Corporation (CECO) Will Announce Earnings of -$0.01 Per Share
www.americanbankingnews.com - August 15 at 2:10 PM |
| Career Education Corp. :CECO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 10 at 6:16 PM |
| Edited Transcript of CECO earnings conference call or presentation 9-Aug-17 1:00pm GMT
finance.yahoo.com - August 9 at 10:15 PM |
| Zacks: Brokerages Set $13.00 Target Price for Career Education Corporation (CECO)
www.americanbankingnews.com - August 9 at 6:30 PM |
 | Career Education Corporation 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 9 at 5:14 PM |
| Career Education Corporation Reports Results for Second Quarter Ended June 30, 2017
finance.yahoo.com - August 9 at 5:13 PM |
| Career Education posts 2Q profit
finance.yahoo.com - August 9 at 5:13 PM |
| Career Education Corporation (CECO) Announces Quarterly Earnings Results, Beats Estimates By $0.11 EPS
www.americanbankingnews.com - August 9 at 3:03 PM |
| Contrasting Bridgepoint Education (BPI) & Career Education Corporation (CECO)
www.americanbankingnews.com - August 6 at 12:28 PM |
| Career Education Corporation (NASDAQ:CECO) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:20 AM |
| TAL Education Group (TAL) and Career Education Corporation (CECO) Financial Contrast
www.americanbankingnews.com - July 29 at 8:21 AM |
| Brokerages Expect Career Education Corporation (CECO) Will Announce Earnings of -$0.04 Per Share
www.americanbankingnews.com - July 28 at 10:35 AM |
| TAL Education Group (TAL) versus Career Education Corporation (NASDAQ:CECO) Financial Survey
www.americanbankingnews.com - July 27 at 4:25 PM |
| Piper Jaffray Companies Reiterates Hold Rating for Career Education Corporation (CECO)
www.americanbankingnews.com - July 21 at 9:14 PM |
| Career Education Corporation (CECO) vs. Lincoln Educational Services Corporation (LINC) Financial Analysis
www.americanbankingnews.com - July 21 at 12:06 AM |
| Career Education Corporation (NASDAQ:CECO) Announces Stock Repurchase Program
www.americanbankingnews.com - July 19 at 11:20 AM |
| Career Education Corporation Schedules Second Quarter Earnings Conference Call for August 9
finance.yahoo.com - July 14 at 7:05 PM |
| BidaskClub Lowers Career Education Corporation (CECO) to Sell
www.americanbankingnews.com - July 8 at 8:26 PM |
| -$0.04 Earnings Per Share Expected for Career Education Corporation (NASDAQ:CECO) This Quarter
www.americanbankingnews.com - July 4 at 8:50 AM |
| ETFs with exposure to Career Education Corp. : June 15, 2017
finance.yahoo.com - June 15 at 5:58 PM |
| Career Education Corp. – Value Analysis (NASDAQ:CECO) : June 14, 2017
finance.yahoo.com - June 14 at 4:58 PM |
| Career Education Corp. breached its 50 day moving average in a Bullish Manner : CECO-US : June 13, 2017
finance.yahoo.com - June 13 at 12:45 PM |
| Zacks: Analysts Expect Career Education Corp. (CECO) Will Announce Earnings of -$0.04 Per Share
www.americanbankingnews.com - June 8 at 7:48 AM |
| Career Education Corp. breached its 50 day moving average in a Bullish Manner : CECO-US : June 2, 2017
finance.yahoo.com - June 2 at 5:41 PM |
| ETFs with exposure to Career Education Corp. : June 2, 2017
finance.yahoo.com - June 2 at 5:41 PM |
| ETFs with exposure to Career Education Corp. : May 15, 2017
finance.yahoo.com - May 15 at 3:58 PM |
| Zacks: Analysts Anticipate Career Education Corp. (CECO) to Announce $0.11 EPS
www.americanbankingnews.com - May 12 at 8:14 AM |
| Career Education Corp. :CECO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 4:24 PM |
| Career Education Corp. (CECO) SVP Jeffrey David Ayers Sells 14,560 Shares
www.americanbankingnews.com - May 9 at 8:02 PM |
| Career Education Corp. (CECO) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - May 4 at 11:08 PM |
| Investor Network: Career Education Corporation to Host Earnings Call
finance.yahoo.com - May 4 at 9:23 PM |
| Analysts Anticipate Career Education Corp. (CECO) to Post $0.11 EPS
www.americanbankingnews.com - May 4 at 6:36 PM |
| Somewhat Favorable Press Coverage Likely to Impact Career Education Corp. (CECO) Share Price
www.americanbankingnews.com - May 4 at 6:05 PM |
| Career Education Corporation 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 4 at 4:22 PM |
| Edited Transcript of CECO earnings conference call or presentation 3-May-17 9:30pm GMT
finance.yahoo.com - May 4 at 4:22 PM |
 | Career Education Corp. Q1 Income Climbs 72%
www.nasdaq.com - May 3 at 9:17 PM |
 | Career Education posts 1Q profit
marketbeat.com - May 3 at 4:43 PM |
| Career Education Corporation Reports Results for First Quarter 2017
finance.yahoo.com - May 3 at 4:14 PM |
| ETFs with exposure to Career Education Corp. : May 2, 2017
finance.yahoo.com - May 3 at 8:41 AM |
Career Education Corp. (CECO) Chart for Thursday, September, 21, 2017
