Career Education Stock Price, News & Analysis (NASDAQ:CECO)

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

Career Education Corp. (NASDAQ:CECO) posted its earnings results on Wednesday, August, 7th. The company reported $0.39 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.10. The company earned $156.44 million during the quarter, compared to the consensus estimate of $148.10 million. Career Education had a return on equity of 25.42% and a net margin of 8.78%. The company's revenue was up 10.1% on a year-over-year basis. During the same quarter last year, the firm earned $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 updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share guidance of $1.20-1.24 for the period, compared to the Thomson Reuters consensus EPS 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 analysts have issued 1-year price targets for Career Education's shares. Their predictions range from $24.00 to $26.00. On average, they expect Career Education's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 67.9% 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 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 been trending neutral this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Career Education earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave 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 September. As of September 30th, there was short interest totalling 2,640,000 shares, an increase of 39.7% from the August 30th total of 1,890,000 shares. Based on an average daily trading volume, of 554,600 shares, the short-interest ratio is presently 4.8 days. Currently, 3.9% of the shares of the stock are short sold. View Career Education's Current Options Chain.

Some companies that are related to Career Education include Chegg (CHGG), Laureate Education (LAUR), Graham (GHC), GSX Techedu (GSX), Strategic Education (STRA), Afya (AFYA), Adtalem Global Education (ATGE), Hailiang Education Group (HLG), OneSmart International Edun Gr (ONE), Bright Scholar Education Holdngs (BEDU), Arco Platform (ARCE), K12 (LRN), 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), Extreme Networks (EXTR), Skyline (SKY), FireEye (FEYE), Groupon (GRPN), Freeport-McMoRan (FCX), General Electric (GE), Newmont Goldcorp (NEM) and Array Biopharma (ARRY).

Career Education's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Genesee Capital Advisors LLC (0.12%), Bowling Portfolio Management LLC (0.11%), State of Alaska Department of Revenue (0.08%), CLARET ASSET MANAGEMENT Corp (0.04%), Pacer Advisors Inc. (0.03%) and Alpine Group USVI LLC (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 Bowling Portfolio Management LLC and CLARET ASSET MANAGEMENT Corp. 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.

CECO stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Pacer Advisors Inc., Alpine Group USVI LLC, Alpine Group USVI LLC and Genesee Capital Advisors 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 $14.89.

Career Education has a market capitalization of $1.04 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]