NASDAQ:CECO - Career Education Stock Price, News & Analysis

Career Education trades on the NASDAQ under the ticker symbol "CECO."

Career Education Corp. (NASDAQ:CECO) released its earnings results on Wednesday, August, 7th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.10. The firm had revenue of $156.44 million for the quarter, compared to analyst estimates of $148.10 million. Career Education had a return on equity of 25.42% and a net margin of 8.78%. The company's quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.23 earnings per share. View Career Education's Earnings History.

Career Education is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Career Education.

Career Education issued an update on its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of $1.20-1.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.15. The company issued revenue guidance of $604.2-610.1 million, compared to the consensus revenue estimate of $602.83 million.

2 Wall Street analysts have issued 1-year price targets for Career Education's shares. Their forecasts range from $24.00 to $26.00. On average, they anticipate Career Education's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Career Education.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Career Education in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Career Education.

Media coverage about CECO stock has trended negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Career Education earned a news impact score of -2.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Career Education.

Some companies that are related to Career Education include Chegg (CHGG), Laureate Education (LAUR), Graham (GHC), Strategic Education (STRA), GSX Techedu (GSX), Adtalem Global Education (ATGE), Afya (AFYA), Hailiang Education Group (HLG), OneSmart International Edun Gr (ONE), Bright Scholar Education Holdngs (BEDU), K12 (LRN), Arco Platform (ARCE), Puxin (NEW), RISE Education Cayman (REDU) and American Public Education (APEI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Career Education investors own include Advanced Micro Devices (AMD), Apollo Education Group (APOL), Skyline (SKY), Extreme Networks (EXTR), FireEye (FEYE), Groupon (GRPN), Freeport-McMoRan (FCX), General Electric (GE), Newmont Goldcorp (NEM) and Array Biopharma (ARRY).

Career Education's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.31%), Renaissance Technologies LLC (6.24%), Vanguard Group Inc. (6.13%), Price T Rowe Associates Inc. MD (3.51%), SG Capital Management LLC (2.21%) and Nuveen Asset Management LLC (1.90%). Company insiders that own Career Education stock include Andrew Hurst, David C Czeszewski, Gregory L Jackson, Jeffrey David Ayers, John Robert Kline, Michele A Peppers and Richard D Wang. View Institutional Ownership Trends for Career Education.

CECO stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, D. E. Shaw & Co. Inc., Connor Clark & Lunn Investment Management Ltd., BlackRock Inc., Charles Schwab Investment Management Inc., First Trust Advisors LP, AQR Capital Management LLC and Zebra Capital Management LLC. Company insiders that have sold Career Education company stock in the last year include Andrew Hurst, David C Czeszewski, Jeffrey David Ayers, John Robert Kline and Michele A Peppers. View Insider Buying and Selling for Career Education.

CECO stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Intrinsic Edge Capital Management LLC, Mackenzie Financial Corp, Mackenzie Financial Corp, Marshall Wace LLP, Renaissance Technologies LLC and SG Americas Securities LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CECO stock can currently be purchased for approximately $19.19.

Career Education has a market capitalization of $1.35 billion and generates $581.30 million in revenue each year. The company earns $55.18 million in net income (profit) each year or $1.05 on an earnings per share basis. Career Education employs 4,244 workers across the globe.View Additional Information About Career Education.

The official website for Career Education is http://www.careered.com/.

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]