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

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

Career Education Corp. (NASDAQ:CECO) announced its quarterly earnings results on Wednesday, November, 6th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.08. The company earned $155 million during the quarter, compared to analysts' expectations of $146.70 million. Career Education had a return on equity of 26.01% and a net margin of 9.20%. Career Education's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business earned $0.25 earnings per share. View Career Education's Earnings History.

Career Education is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Career Education.

Career Education updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $1.32-1.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.24. The company issued revenue guidance of $615.9-618.8 million, compared to the consensus revenue estimate of $610.40 million.

2 equities research analysts have issued 12 month price targets for Career Education's stock. Their forecasts range from $23.00 to $26.00. On average, they anticipate Career Education's stock price to reach $24.50 in the next year. This suggests a possible upside of 33.2% 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.

Headlines about CECO stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Career Education earned a coverage optimism score of 0.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Career Education.

Career Education saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 5,560,000 shares, an increase of 5.3% from the November 28th total of 5,280,000 shares. Based on an average daily volume of 657,500 shares, the short-interest ratio is presently 8.5 days. Currently, 8.1% of the shares of the stock are sold short. View Career Education's Current Options Chain.

Some companies that are related to Career Education include Bright Horizons Family Solutions (BFAM), Grand Canyon Education (LOPE), Strategic Education (STRA), Adtalem Global Education (ATGE), K12 (LRN), American Public Education (APEI), Universal Technical Institute (UTI), Lincoln Educational Services (LINC), National American University Holdngs (NAUH), Corinthian Colleges (COCOQ) and ITT Educational Services (ESINQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Career Education investors own include Advanced Micro Devices (AMD), Extreme Networks (EXTR), Meet Group (MEET), Amkor Technology (AMKR), FuelCell Energy (FCEL), NeoPhotonics (NPTN), Vector Group (VGR), Cohu (COHU), FireEye (FEYE) and FormFactor (FORM).

Career Education's stock is owned by a number of of institutional and retail investors. Top institutional investors include Genesee Capital Advisors LLC (0.10%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%) and CLARET ASSET MANAGEMENT Corp (0.02%). 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, Richard D Wang and Thomas B Lally. View Institutional Ownership Trends for Career Education.

CECO stock was sold by a variety of institutional investors in the last quarter, including CLARET ASSET MANAGEMENT Corp, Genesee Capital Advisors LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. 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, Michele A Peppers and Thomas B Lally. 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 $18.39.

Career Education has a market capitalization of $1.29 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]