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

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

Career Education Corp. (NASDAQ:CECO) issued its earnings results on Wednesday, May, 8th. The company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.33 by $0.03. The company had revenue of $157.85 million for the quarter, compared to analysts' expectations of $154.07 million. Career Education had a net margin of 10.57% and a return on equity of 21.14%. The firm's revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.28 earnings per share. View Career Education's Earnings History.

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

Career Education updated its FY19 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of $1.11-1.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.15. Career Education also updated its Q2 guidance to $0.29-0.31 EPS.

2 Wall Street analysts have issued 12-month target prices for Career Education's stock. Their predictions range from $19.50 to $24.00. On average, they anticipate Career Education's stock price to reach $21.75 in the next twelve months. This suggests a possible upside of 18.9% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Career Education.

News stories about CECO stock have been trending neutral recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Career Education earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Career Education saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,911,752 shares, an increase of 66.4% from the April 15th total of 1,148,940 shares. Based on an average daily volume of 613,476 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.8% 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 Chegg (CHGG), Strategic Education (STRA), Laureate Education (LAUR), Graham (GHC), Adtalem Global Education (ATGE), Hailiang Education Group (HLG), Bright Scholar Education Holdngs (BEDU), K12 (LRN), OneSmart International Edun Gr (ONE), Arco Platform (ARCE), Puxin (NEW), RISE Education Cayman (REDU), American Public Education (APEI), Sunlands Online Education Group (STG) and GP Strategies (GPX).

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), Newmont Goldcorp (NEM), Array Biopharma (ARRY), Central European Media Enterprises (CETV) and FuelCell Energy (FCEL).

Career Education's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.55%), Frontier Capital Management Co. LLC (9.87%), Renaissance Technologies LLC (5.84%), Dimensional Fund Advisors LP (5.77%), FMR LLC (4.47%) and SG Capital Management LLC (2.07%). Company insiders that own Career Education stock include Andrew Hurst, 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 Renaissance Technologies LLC, Morgan Stanley, Frontier Capital Management Co. LLC, IndexIQ Advisors LLC, JPMorgan Chase & Co., Dimensional Fund Advisors LP, Menta Capital LLC and BlueMountain Capital Management LLC. Company insiders that have sold Career Education company stock in the last year include Andrew Hurst, Gregory L Jackson, Jeffrey David Ayers, John Robert Kline, Michele A Peppers and Richard D Wang. View Insider Buying and Selling for Career Education.

CECO stock was purchased by a variety of institutional investors in the last quarter, including SG Capital Management LLC, FMR LLC, Oxford Asset Management LLP, Acadian Asset Management LLC, Wells Fargo & Company MN, RK Capital Management LLC, Geode Capital Management LLC and Charles Schwab Investment Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of CECO stock can currently be purchased for approximately $18.30.

Career Education has a market capitalization of $1.28 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.

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]