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

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

Career Education Corp. (NASDAQ:CECO) released its quarterly earnings results on Wednesday, August, 7th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.10. The company earned $156.44 million during the quarter, compared to analysts' expectations 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 for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 earnings per share. View Career Education's Earnings History.

Career Education is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Career Education.

Career Education will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 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 Wall Street analysts have issued 1 year price objectives for Career Education's stock. 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 year. This suggests a possible upside of 69.1% 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.

News articles about CECO stock have trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. 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 media sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Career Education.

Career Education saw a increase in short interest in 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 trading volume of 554,600 shares, the days-to-cover ratio is presently 4.8 days. Currently, 3.9% of the company's shares 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), 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 a number of of institutional and retail investors. Top institutional investors include Genesee Capital Advisors LLC (0.12%), Bowling Portfolio Management LLC (0.11%), Calamos Advisors LLC (0.08%), State of Alaska Department of Revenue (0.08%), Strs Ohio (0.07%) and Assenagon Asset Management S.A. (0.05%). 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 Calamos Advisors LLC, Assenagon Asset Management S.A., Bowling Portfolio Management LLC, Meeder Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Pacer Advisors Inc., Robeco Institutional Asset Management B.V., Campbell & CO Investment Adviser LLC, Alpine Group USVI LLC, Alpine Group USVI LLC, Genesee Capital Advisors LLC and Strs Ohio. 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 $14.78.

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]