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
Industry Educational services
Sub-IndustryEducation Services
SectorConsumer Discretionary
SymbolNASDAQ:CECO
CUSIP14166510
Phone847-781-3600
Debt
Debt-to-Equity RatioN/A
Current Ratio1.98
Quick Ratio1.97
Price-To-Earnings
Trailing P/E Ratio52.48
Forward P/E Ratio17.13
P/E GrowthN/A
Sales & Book Value
Annual Sales$596.43 million
Price / Sales1.90
Cash Flow$0.5183 per share
Price / Cash31.39
Book Value$4.29 per share
Price / Book3.79
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$-31,890,000.00
Net Margins-3.36%
Return on Equity10.63%
Return on Assets7.14%
Miscellaneous
Employees4,462
Outstanding Shares69,610,000
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) released its earnings results on Wednesday, May, 2nd. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The firm had revenue of $147.50 million for the quarter, compared to analysts' expectations of $146.10 million. Career Education had a positive return on equity of 10.63% and a negative net margin of 3.36%. The company's quarterly revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 Wall Street analysts have issued 1 year price objectives for Career Education's stock. Their forecasts range from $13.00 to $21.00. On average, they anticipate Career Education's share price to reach $17.00 in the next twelve months. View Analyst Ratings for Career Education.
Who are some of Career Education's key competitors?
Some companies that are related to Career Education include Graham (GHC), Chegg (CHGG), Laureate International Universities (LAUR), Adtalem Global Education (ATGE), Bright Scholar Education Holdngs (BEDU), Hailiang Education Group (HLG), OneSmart International Edun Gr (ONE), Strayer Education (STRA), Capella Education (CPLA), Sunlands Online Education Group (STG), RISE Education Cayman (REDU), American Public Education (APEI), K12 (LRN), RYB Education (RYB) and Tarena International (TEDU).
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?
Headlines about CECO stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Career Education earned a coverage optimism score of 0.11 on Accern's scale. They also gave media headlines about the company an impact score of 45.24 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Career Education's major shareholders?
Career Education's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.28%), Frontier Capital Management Co. LLC (9.90%), Dimensional Fund Advisors LP (6.18%), Kenmare Capital Partners L.L.C. (1.28%), Northern Trust Corp (1.10%) and Park West Asset Management LLC (0.99%). 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 institutional investors are selling Career Education stock?
CECO stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, California Public Employees Retirement System, Dimensional Fund Advisors LP, UBS Group AG, BNP Paribas Arbitrage SA, American International Group Inc., Teacher Retirement System of Texas and Schwab Charles Investment Management Inc.. 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 institutional investors are buying Career Education stock?
CECO stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, BlackRock Inc., Cortina Asset Management LLC, Frontier Capital Management Co. LLC, A.R.T. Advisors LLC, WINTON GROUP Ltd, Dynamic Technology Lab Private Ltd and CIBC World Markets 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 $16.27.
How big of a company is Career Education?
Career Education has a market capitalization of $1.13 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 (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.
