Career Education Corporation, through its colleges, institutions and universities, offers education to students in a range of career-oriented disciplines through online, on-ground and hybrid learning programs. The Company's American InterContinental University (AIU) and Colorado Technical University (CTU) provide degree programs through the master's or doctoral level as well as associate and bachelor's levels. The Company operates through four segments: CTU, AIU, Culinary Arts and Transitional Group. Its University group consists of AIU and CTU, which serve students online with career-focused degree programs. Its Career Colleges Group consists of Culinary Arts and Transitional Group segments. The Culinary Arts segment includes Le Cordon Bleu institutions in North America (LCB), which offer hands-on educational programs in the career-oriented disciplines of culinary arts and patisserie and baking in the commercial-grade kitchens of Le Cordon Bleu.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: General Education Services
- Sub-Industry: Education Services
- Symbol: NASDAQ:CECO
- CUSIP: 14166510
- Web: www.careered.com
Capitalization:- Market Cap: $596.4 million
- Outstanding Shares: 69,028,000
Average Prices:- 50 Day Moving Avg: $9.46
- 200 Day Moving Avg: $9.42
- 52 Week Range: $6.25 - $12.59
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 14.40
- P/E Growth: 10.25
Sales & Book Value:- Annual Revenue: $667.62 million
- Price / Sales: 0.89
- Book Value: $4.76 per share
- Price / Book: 1.82
Profitability:- EBIDTA: $55.82 million
- Net Margins: -2.48%
- Return on Equity: 6.03%
- Return on Assets: 3.76%
Debt:- Current Ratio: 1.67%
- Quick Ratio: 1.66%
Misc:- Average Volume: 269,294 shs.
- Beta: 2.69
- Short Ratio: 3.95
Frequently Asked Questions for Career Education Corporation (NASDAQ:CECO)
What is Career Education Corporation's stock symbol?
Career Education Corporation trades on the NASDAQ under the ticker symbol "CECO."
How will Career Education Corporation's stock buyback program work?
Career Education Corporation declared that its board has initiated a stock buyback program on Wednesday, July 19th 2017, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.
How were Career Education Corporation's earnings last quarter?
Career Education Corporation (NASDAQ:CECO) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.04 by $0.04. The business earned $162.11 million during the quarter. Career Education Corporation had a positive return on equity of 6.03% and a negative net margin of 2.48%. View Career Education Corporation's Earnings History.
When will Career Education Corporation make its next earnings announcement?
Where is Career Education Corporation's stock going? Where will Career Education Corporation's stock price be in 2017?
2 equities research analysts have issued 12 month price targets for Career Education Corporation's stock. Their predictions range from $13.00 to $13.00. On average, they expect Career Education Corporation's share price to reach $13.00 in the next year. View Analyst Ratings for Career Education Corporation.
Who are some of Career Education Corporation's key competitors?
Some companies that are related to Career Education Corporation include Caleres (CAL), Callaway Golf Company (ELY), GoPro (GPRO), Pinnacle Entertainment (PNK), ClubCorp Holdings (MYCC), Gray Television (GTN), Guess? (GES), Oxford Industries (OXM), Sturm, Ruger & Company (RGR), Intrawest Resorts Holdings (SNOW), Speedway Motorsports (TRK), Dorel Industries (DIIBF), Strayer Education (STRA), Capella Education Company (CPLA), Eros International PLC (EROS), Marcus Corporation (The) (MCS), SP Plus Corporation (SP) and Rent-A-Center (RCII).
Who are Career Education Corporation's key executives?
Career Education Corporation's management team includes the folowing people:
- Thomas B. Lally, Independent Chairman of the Board
- Todd S. Nelson, President, Chief Executive Officer, Director
- Andrew J. Cederoth, Chief Financial Officer, Senior Vice President
- David C. Czeszewski, Senior Vice President, Chief Information Officer
- Jeffrey David Ayers, Senior Vice President, General Counsel, Corporate Secretary
- Michele A. Peppers, Vice President, Accounting and Reporting
- Andrew H. Hurst, Senior Vice President - Colorado Technical University
- John R. Kline, Senior Vice President—American InterContinental University
- Dennis H. Chookaszian, Independent Director
- Kenda B. Gonzales, Independent Director
Who owns Career Education Corporation stock?
Career Education Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Great West Life Assurance Co. Can (0.14%), Strs Ohio (0.11%), Russell Investments Group Ltd. (0.06%), Louisiana State Employees Retirement System (0.04%), Acadian Asset Management LLC (0.04%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Career Education Corporation stock include Andrew Hurst, Jeffrey David Ayers, Richard D Wang and Ronald D Mccray. View Institutional Ownership Trends for Career Education Corporation.
Who sold Career Education Corporation stock? Who is selling Career Education Corporation stock?
Career Education Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, Strs Ohio and Capstone Asset Management Co.. Company insiders that have sold Career Education Corporation stock in the last year include Andrew Hurst, Jeffrey David Ayers and Richard D Wang. View Insider Buying and Selling for Career Education Corporation.
Who bought Career Education Corporation stock? Who is buying Career Education Corporation stock?
How do I buy Career Education Corporation stock?
Shares of Career Education Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Career Education Corporation's stock price today?
One share of Career Education Corporation stock can currently be purchased for approximately $8.64.
MarketBeat Community Rating for Career Education Corporation (NASDAQ CECO)MarketBeat's community ratings are surveys of what our community members think about Career Education Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Career Education Corporation (NASDAQ:CECO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $13.00 (50.46% upside) |
Analysts' Ratings History for Career Education Corporation (NASDAQ:CECO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/21/2017 | Piper Jaffray Companies | Reiterated Rating | Hold | $13.00 | Low |  |
| 2/14/2017 | Needham & Company LLC | Reiterated Rating | Buy | $13.00 | N/A | |
| 11/26/2015 | Credit Suisse Group | Lower Price Target | | $8.00 -> $6.00 | N/A | |
| 11/26/2015 | Citigroup Inc. | Lower Price Target | Neutral | $10.00 -> $7.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Career Education Corporation (NASDAQ:CECO)Earnings History by Quarter for Career Education Corporation (NASDAQ CECO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/9/2017 | | ($0.04) | | | | | N/A | |
| 5/3/2017 | Q1 2017 | $0.04 | $0.08 | | $162.11 million | View | Listen | |
| 2/23/2017 | Q416 | ($0.06) | $0.04 | $155.30 million | $155.30 million | View | N/A | |
| 11/3/2016 | Q316 | ($0.09) | ($0.01) | $156.70 million | $167.63 million | View | N/A | |
| 8/3/2016 | Q216 | ($0.14) | $0.18 | $176.04 million | $182.63 million | View | N/A | |
| 5/4/2016 | Q116 | ($0.07) | $0.04 | $177.20 million | $198.90 million | View | N/A | |
| 2/29/2016 | Q415 | ($0.06) | $2.08 | $151.70 million | $199.90 million | View | Listen | |
| 11/4/2015 | Q315 | ($0.37) | ($0.17) | $170.90 million | $162.10 million | View | N/A | |
| 8/6/2015 | Q215 | $0.12 | ($0.14) | $157.65 million | $174.80 million | View | N/A | |
| 5/6/2015 | Q115 | ($0.29) | ($0.37) | $182.80 million | $182.30 million | View | N/A | |
| 3/3/2015 | Q414 | ($0.30) | ($0.12) | $232.51 million | $174.20 million | View | N/A | |
| 11/6/2014 | Q314 | ($0.57) | ($0.68) | $224.50 million | $227.50 million | View | N/A | |
| 8/7/2014 | Q214 | ($0.50) | ($0.40) | $233.64 million | $229.30 million | View | Listen | |
| 5/8/2014 | Q114 | ($0.42) | ($0.71) | $253.54 million | $243.10 million | View | Listen | |
| 2/27/2014 | Q413 | ($0.52) | ($0.29) | $241.44 million | $247.10 million | View | Listen | |
| 11/7/2013 | Q313 | ($0.53) | ($0.65) | $255.50 million | $251.30 million | View | Listen | |
| 8/7/2013 | Q2 2013 | ($0.51) | ($0.45) | $292.33 million | $294.80 million | View | Listen | |
| 5/6/2013 | Q1 2013 | ($0.11) | ($0.12) | $338.21 million | $340.50 million | View | Listen | |
| 2/27/2013 | Q4 2012 | ($0.34) | ($0.35) | $340.64 million | $354.70 million | View | Listen | |
| 11/8/2012 | Q312 | ($0.43) | ($0.47) | $324.35 million | $332.80 million | View | N/A | |
| 7/31/2012 | | ($0.01) | ($0.18) | | | View | N/A | |
| 5/10/2012 | | $0.24 | $0.60 | | | View | N/A | |
| 11/1/2011 | | $0.35 | $0.15 | | | View | N/A | |
| 8/3/2011 | | $0.66 | $0.73 | | | View | N/A | |
| 5/5/2011 | | $0.75 | $0.89 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Career Education Corporation (NASDAQ:CECO)Current Year EPS Consensus Estimate: $0.07 EPS
Next Year EPS Consensus Estimate: $0.60 EPS
Dividend History for Career Education Corporation (NASDAQ:CECO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Career Education Corporation (NASDAQ:CECO)Insider Ownership Percentage: 4.88%
Institutional Ownership Percentage: 75.83%
Insider Trades by Quarter for Career Education Corporation (NASDAQ:CECO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/8/2017 | Jeffrey David Ayers | SVP | Sell | 14,560 | $10.50 | $152,880.00 | |
| 12/9/2016 | Richard D. Wang | Director | Sell | 200,000 | $10.22 | $2,044,000.00 | |
| 11/21/2016 | Andrew Hurst | SVP | Sell | 6,592 | $9.72 | $64,074.24 | |
| 5/10/2016 | Ronald D Mccray | Director | Sell | 6,000 | $6.01 | $36,060.00 | |
| 6/4/2015 | Ronald D Mccray | CEO | Buy | 5,000 | $3.72 | $18,600.00 | |
| 8/14/2014 | Ronald D Mccray | Director | Buy | 1,000 | $5.12 | $5,120.00 | |
| 6/6/2014 | Reid E Simpson | CFO | Buy | 10,000 | $4.71 | $47,100.00 | |
| 6/6/2014 | Scott W Steffey | CEO | Buy | 16,000 | $4.65 | $74,400.00 | |
| 3/14/2014 | Diane Auer Jones | SVP | Sell | 2,481 | $6.71 | $16,647.51 | |
| 3/6/2014 | Lysa Clemens | SVP | Buy | 2,700 | $7.19 | $19,413.00 | |
| 12/12/2013 | Louis Caldera | Director | Buy | 5,000 | $4.74 | $23,700.00 | |
| 11/20/2013 | Scott Steffey | CEO | Buy | 25,000 | $4.41 | $110,250.00 | |
| 9/18/2013 | Blum Capital Partners Lp | major shareholder | Sell | 163,867 | $2.69 | $440,802.23 | |
| 9/16/2013 | Blum Capital Partners Lp | major shareholder | Sell | 189,533 | $2.65 | $502,262.45 | |
| 9/11/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 353,154 | $2.66 | $939,389.64 | |
| 9/6/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 430,000 | $2.61 | $1,122,300.00 | |
| 8/23/2013 | Blum Capital Partners Lp | major shareholder | Sell | 200,000 | $2.75 | $550,000.00 | |
| 8/21/2013 | Blum Capital Partners Lp | major shareholder | Sell | 202,280 | $2.73 | $552,224.40 | |
| 8/16/2013 | Blum Capital Partners Lp | major shareholder | Sell | 195,000 | $2.84 | $553,800.00 | |
| 8/13/2013 | Blum Capital Partners Lp | major shareholder | Sell | 170,000 | $3.08 | $523,600.00 | |
| 8/1/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 215,000 | $3.28 | $705,200.00 | |
| 7/31/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 285,000 | $3.39 | $966,150.00 | |
| 6/21/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 164,000 | $2.68 | $439,520.00 | |
| 6/20/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 336,360 | $2.79 | $938,444.40 | |
| 6/17/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 150,000 | $2.92 | $438,000.00 | |
| 6/12/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 350,000 | $3.08 | $1,078,000.00 | |
| 5/14/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 67,812 | $2.63 | $178,345.56 | |
| 5/10/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 732,188 | $2.52 | $1,845,113.76 | |
| 4/8/2013 | Blum Capital Partners Lp | Major Shareholder | Sell | 490,396 | $2.17 | $1,064,159.32 | |
| 3/6/2013 | Ronald D Mccray | Director | Buy | 1,000 | $2.57 | $2,570.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Career Education Corporation (NASDAQ:CECO)
Latest Headlines for Career Education Corporation (NASDAQ:CECO)
| Source: |
|
| Date | Headline |
|---|
 | TAL Education Group (TAL) versus Career Education Corporation (NASDAQ:CECO) Financial Survey
www.americanbankingnews.com - July 27 at 4:25 PM |
| Piper Jaffray Companies Reiterates Hold Rating for Career Education Corporation (CECO)
www.americanbankingnews.com - July 21 at 9:14 PM |
| Career Education Corporation (CECO) vs. Lincoln Educational Services Corporation (LINC) Financial Analysis
www.americanbankingnews.com - July 21 at 12:06 AM |
| Career Education Corporation (NASDAQ:CECO) Announces Stock Repurchase Program
www.americanbankingnews.com - July 19 at 11:20 AM |
 | Career Education Corporation Schedules Second Quarter Earnings Conference Call for August 9
finance.yahoo.com - July 14 at 7:05 PM |
| BidaskClub Lowers Career Education Corporation (CECO) to Sell
www.americanbankingnews.com - July 8 at 8:26 PM |
| -$0.04 Earnings Per Share Expected for Career Education Corporation (NASDAQ:CECO) This Quarter
www.americanbankingnews.com - July 4 at 8:50 AM |
| ETFs with exposure to Career Education Corp. : June 15, 2017
finance.yahoo.com - June 15 at 5:58 PM |
| Career Education Corp. – Value Analysis (NASDAQ:CECO) : June 14, 2017
finance.yahoo.com - June 14 at 4:58 PM |
| Career Education Corp. breached its 50 day moving average in a Bullish Manner : CECO-US : June 13, 2017
finance.yahoo.com - June 13 at 12:45 PM |
| Zacks: Analysts Expect Career Education Corp. (CECO) Will Announce Earnings of -$0.04 Per Share
www.americanbankingnews.com - June 8 at 7:48 AM |
| Career Education Corp. breached its 50 day moving average in a Bullish Manner : CECO-US : June 2, 2017
finance.yahoo.com - June 2 at 5:41 PM |
| ETFs with exposure to Career Education Corp. : June 2, 2017
finance.yahoo.com - June 2 at 5:41 PM |
| ETFs with exposure to Career Education Corp. : May 15, 2017
finance.yahoo.com - May 15 at 3:58 PM |
| Zacks: Analysts Anticipate Career Education Corp. (CECO) to Announce $0.11 EPS
www.americanbankingnews.com - May 12 at 8:14 AM |
| Career Education Corp. :CECO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 4:24 PM |
| Career Education Corp. (CECO) SVP Jeffrey David Ayers Sells 14,560 Shares
www.americanbankingnews.com - May 9 at 8:02 PM |
| Career Education Corp. (CECO) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - May 4 at 11:08 PM |
| Investor Network: Career Education Corporation to Host Earnings Call
finance.yahoo.com - May 4 at 9:23 PM |
| Analysts Anticipate Career Education Corp. (CECO) to Post $0.11 EPS
www.americanbankingnews.com - May 4 at 6:36 PM |
| Somewhat Favorable Press Coverage Likely to Impact Career Education Corp. (CECO) Share Price
www.americanbankingnews.com - May 4 at 6:05 PM |
 | Career Education Corporation 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 4 at 4:22 PM |
| Edited Transcript of CECO earnings conference call or presentation 3-May-17 9:30pm GMT
finance.yahoo.com - May 4 at 4:22 PM |
 | Career Education Corp. Q1 Income Climbs 72%
www.nasdaq.com - May 3 at 9:17 PM |
 | Career Education posts 1Q profit
marketbeat.com - May 3 at 4:43 PM |
| Career Education Corporation Reports Results for First Quarter 2017
finance.yahoo.com - May 3 at 4:14 PM |
| ETFs with exposure to Career Education Corp. : May 2, 2017
finance.yahoo.com - May 3 at 8:41 AM |
| Somewhat Positive Press Coverage Very Likely to Affect Career Education Corp. (CECO) Share Price
www.americanbankingnews.com - April 30 at 4:54 PM |
| Career Education Corp. (CECO) Earns News Sentiment Score of 0.39
www.americanbankingnews.com - April 27 at 4:00 PM |
| Career Education Corp. (CECO) Earns Daily Media Sentiment Score of 0.41
www.americanbankingnews.com - April 24 at 3:52 PM |
| Career Education Corp. (CECO) Given Daily Media Sentiment Rating of 0.39
www.americanbankingnews.com - April 21 at 2:11 PM |
| Analysts Anticipate Career Education Corp. (CECO) Will Announce Earnings of $0.04 Per Share
www.americanbankingnews.com - April 21 at 11:21 AM |
| Career Education Corporation Schedules First Quarter Earnings Conference Call for May 3
finance.yahoo.com - April 19 at 9:15 PM |
| Career Education Corp. (CECO) Getting Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 15 at 9:21 AM |
| ETFs with exposure to Career Education Corp. : April 7, 2017
finance.yahoo.com - April 7 at 4:13 PM |
| Career Education Corp. (CECO) Given $10.00 Average Target Price by Analysts
www.americanbankingnews.com - March 30 at 12:02 PM |
 | Betsy DeVos’s Hiring of For-Profit College Official Raises Impartiality Issues
www.nytimes.com - March 18 at 1:06 AM |
| CAREER EDUCATION CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit
biz.yahoo.com - March 10 at 5:15 PM |
| CAREER EDUCATION CORP Financials
finance.yahoo.com - March 1 at 4:17 PM |
| Career Education Corporation: Multibagger Opportunity In The Near Term
seekingalpha.com - February 28 at 8:55 AM |
 | EARNINGS SUMMARY: Details of Career Education Corp. Q4 Earnings Report
www.rttnews.com - February 24 at 12:39 PM |
| Career Education Corp. updates guidance
seekingalpha.com - February 24 at 12:39 PM |
| 4:59 pm Career Education in slides guides for 2017 ending cash of $150-160 mln
finance.yahoo.com - February 24 at 12:39 PM |
| Career Education Corporation 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 23 at 9:11 PM |
| CAREER EDUCATION CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh
us.rd.yahoo.com - February 23 at 9:11 PM |
 | 4:17 pm Career Education reports Q4 results, reports revs in-line
us.rd.yahoo.com - February 23 at 9:11 PM |
| Q4 2016 Career Education Corp Earnings Release - After Market Close
biz.yahoo.com - February 23 at 4:10 PM |
| Career Education Corporation Reports Results for Fourth Quarter and Full Year 2016
finance.yahoo.com - February 23 at 4:10 PM |
| Career Education Corporation settles False Claim Acts case
seekingalpha.com - February 22 at 12:12 PM |
| CAREER EDUCATION CORP Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - February 22 at 12:12 PM |
Career Education Corporation (CECO) Chart for Thursday, July, 27, 2017
