News articles about Career Education Corporation (NASDAQ:CECO) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Career Education Corporation earned a news impact score of 0.19 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.6728177948397 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Career Education Corp. :CECO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017 (finance.yahoo.com)
- Edited Transcript of CECO earnings conference call or presentation 9-Aug-17 1:00pm GMT (finance.yahoo.com)
- Zacks: Brokerages Set $13.00 Target Price for Career Education Corporation (CECO) (americanbankingnews.com)
- Career Education Corporation Reports Results … (ih.advfn.com)
- Career Education Corporation 2017 Q2 – Results – Earnings Call Slides (seekingalpha.com)
Shares of Career Education Corporation (CECO) opened at 8.61 on Friday. Career Education Corporation has a 1-year low of $6.25 and a 1-year high of $12.59. The firm’s market cap is $594.31 million. The firm has a 50 day moving average price of $9.05 and a 200 day moving average price of $9.30.
Career Education Corporation (NASDAQ:CECO) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.07 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.11. The business had revenue of $146.20 million for the quarter, compared to analysts’ expectations of $147.80 million. Career Education Corporation had a negative net margin of 3.82% and a positive return on equity of 3.73%. The business’s quarterly revenue was down 19.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 earnings per share. Analysts anticipate that Career Education Corporation will post $0.07 EPS for the current year.
Several analysts recently weighed in on CECO shares. Piper Jaffray Companies restated a “hold” rating and set a $13.00 target price on shares of Career Education Corporation in a research note on Friday, July 21st. BidaskClub cut Career Education Corporation from a “hold” rating to a “sell” rating in a report on Saturday, July 8th.
About Career Education Corporation
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.
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