Career Education (CECO) Getting Somewhat Favorable News Coverage, Analysis Shows

Media coverage about Career Education (NASDAQ:CECO) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Career Education earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media headlines about the company an impact score of 44.3117083787362 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Career Education (CECO) opened at $12.58 on Monday. Career Education has a twelve month low of $7.62 and a twelve month high of $13.92. The company has a market capitalization of $869.20, a P/E ratio of 52.42 and a beta of 2.70.

Career Education (NASDAQ:CECO) last announced its earnings results on Thursday, November 2nd. The company reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.06. Career Education had a positive return on equity of 4.99% and a negative net margin of 3.35%. The firm had revenue of $145.00 million for the quarter, compared to analysts’ expectations of $149.10 million. During the same quarter in the previous year, the company earned $0.21 earnings per share. The firm’s quarterly revenue was down 13.5% compared to the same quarter last year. sell-side analysts anticipate that Career Education will post 0.18 earnings per share for the current fiscal year.

Separately, BidaskClub cut Career Education from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th.

In other Career Education news, SVP Andrew Hurst sold 3,889 shares of Career Education stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $12.81, for a total value of $49,818.09. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP John Robert Kline sold 2,700 shares of Career Education stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $12.12, for a total transaction of $32,724.00. Following the completion of the transaction, the senior vice president now owns 96,718 shares in the company, valued at approximately $1,172,222.16. The disclosure for this sale can be found here. 5.01% of the stock is owned by insiders.

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Career Education Company Profile

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.

Insider Buying and Selling by Quarter for Career Education (NASDAQ:CECO)

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