Career Education Corporation operates colleges, institutions, and universities that provide education to student population in various career-oriented disciplines through online, campus based, and blended learning programs in the United States. The company operates through three segments: Colorado Technical University (CTU), American InterContinental University (AIU), and All Other Campuses. Its colleges and universities include AIU, CTU, Le Cordon Bleu institutions, Briarcliffe College, Harrington College of Design, and Sanford-Brown College. The company offers doctoral, master's, bachelor's, and associate degrees, as well as diploma and certificate programs. It also provides academic programs in the career-oriented disciplines of business studies, nursing, computer science, engineering, information systems and technologies, cybersecurity, and healthcare management, as well as information technologies, and education and criminal justice; and educational programs in culinary arts, as well as patisserie and baking. As of December 31, 2017, the company had a total student enrollment of approximately 34,800 students. Career Education Corporation was founded in 1994 and is headquartered in Schaumburg, Illinois.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Educational services
Sub-IndustryEducation Services
SectorConsumer Discretionary
SymbolNASDAQ:CECO
CUSIP14166510
Phone847-781-3600
Debt
Debt-to-Equity RatioN/A
Current Ratio2.18
Quick Ratio2.17
Price-To-Earnings
Trailing P/E Ratio53.97
Forward P/E Ratio19.23
P/E Growth1.95
Sales & Book Value
Annual Sales$596.43 million
Price / Sales1.96
Cash Flow$0.5116 per share
Price / Cash32.70
Book Value$4.63 per share
Price / Book3.61
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$-31,890,000.00
Net Margins-2.61%
Return on Equity12.05%
Return on Assets8.22%
Miscellaneous
Employees4,462
Outstanding Shares69,720,000
Market Cap$1.18 billion
Career Education (NASDAQ:CECO) Frequently Asked Questions
What is Career Education's stock symbol?
Career Education trades on the NASDAQ under the ticker symbol "CECO."
How were Career Education's earnings last quarter?
Career Education Corp. (NASDAQ:CECO) posted its earnings results on Wednesday, August, 1st. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.08. The business had revenue of $142.04 million for the quarter, compared to analyst estimates of $141.15 million. Career Education had a negative net margin of 2.61% and a positive return on equity of 12.05%. The company's revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.07 earnings per share. View Career Education's Earnings History.
When is Career Education's next earnings date?
What price target have analysts set for CECO?
2 analysts have issued twelve-month target prices for Career Education's shares. Their predictions range from $19.50 to $21.00. On average, they anticipate Career Education's share price to reach $20.25 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Career Education.
What is the consensus analysts' recommendation for Career Education?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Career Education in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Career Education.
Are investors shorting Career Education?
Career Education saw a increase in short interest in June. As of June 29th, there was short interest totalling 1,253,683 shares, an increase of 70.5% from the June 15th total of 735,206 shares. Based on an average trading volume of 753,320 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.8% of the shares of the company are sold short. View Career Education's Current Options Chain.
Who are some of Career Education's key competitors?
Some companies that are related to Career Education include Chegg (CHGG), Adtalem Global Education (ATGE), Laureate Education (LAUR), Graham (GHC), Hailiang Education Group (HLG), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), Puxin (NEW), Strayer Education (STRA), Capella Education (CPLA), RISE Education Cayman (REDU), Sunlands Online Education Group (STG), K12 (LRN), RYB Education (RYB) and American Public Education (APEI).
Who are Career Education's key executives?
Career Education's management team includes the folowing people:
- Mr. Todd S. Nelson, CEO, Pres & Director (Age 59)
- Mr. Ashish Ghia, Sr. VP & CFO (Age 41)
- Mr. Jeffrey D. Ayers, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)
- Mr. John R. Kline, Sr. VP of American Intercontinental University (Age 55)
- Mr. Andrew H. Hurst, Sr. VP of Colorado Technical University (Age 55)
Has Career Education been receiving favorable news coverage?
Media coverage about CECO stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Career Education earned a news impact score of 0.10 on Accern's scale. They also gave press coverage about the company an impact score of 47.07 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Career Education.
Who are Career Education's major shareholders?
Career Education's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.43%), Frontier Capital Management Co. LLC (9.58%), Renaissance Technologies LLC (6.45%), Dimensional Fund Advisors LP (6.01%), FMR LLC (2.41%) and Connor Clark & Lunn Investment Management Ltd. (1.51%). Company insiders that own Career Education stock include Andrew Hurst, Gregory L Jackson, Jeffrey David Ayers, John Robert Kline and Richard D Wang. View Institutional Ownership Trends for Career Education.
Which major investors are selling Career Education stock?
CECO stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Cortina Asset Management LLC, Russell Investments Group Ltd., Chicago Equity Partners LLC, GSA Capital Partners LLP and EAM Investors LLC. Company insiders that have sold Career Education company stock in the last year include Andrew Hurst, Jeffrey David Ayers, John Robert Kline and Richard D Wang. View Insider Buying and Selling for Career Education.
Which major investors are buying Career Education stock?
CECO stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Western Standard LLC, Campbell & CO Investment Adviser LLC and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Career Education.
How do I buy shares of Career Education?
Shares of CECO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Career Education's stock price today?
One share of CECO stock can currently be purchased for approximately $16.73.
How big of a company is Career Education?
Career Education has a market capitalization of $1.18 billion and generates $596.43 million in revenue each year. The company earns $-31,890,000.00 in net income (profit) each year or $0.31 on an earnings per share basis. Career Education employs 4,462 workers across the globe.
How can I contact Career Education?
Career Education's mailing address is 231 NORTH MARTINGALE ROAD, SCHAUMBURG IL, 60173. The company can be reached via phone at 847-781-3600 or via email at [email protected]
MarketBeat Community Rating for Career Education (NASDAQ CECO)
MarketBeat's community ratings are surveys of what our community members think about Career Education and other stocks. Vote "Outperform" if you believe CECO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CECO will underperform the S&P 500 over the long term. You may vote once every thirty days.
