New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 5, 2013
10:19 EDTAPOL, COCO, LINC, NAUH, LOPE, ESI, STRA, BPI, EDMC, CECO, APEI, DVApollo Group rallies after Deutsche Bank upgrade
For-profit education company Apollo Group (APOL) is climbing after Deutsche Bank analyst Paul Ginocchio upgraded the stock to Hold from Sell in a note to investors earlier today. The valuation of University of Phoenix students reflected by the stock has reached "pretty distressed levels," wrote the analyst. Even if the company's enrollment trends deteriorate farther, the stock is unlikely to fall much below current levels, the analyst believes. The company's Learning Management System - which uses advanced computer learning features to adapt teaching methods to individual students - is worth $2-$6 per share, Ginocchio contends. This system and the company's cash justify a share price of $10-$16 without factoring in the University of Phoenix, the analyst wrote. Finally, the changes that Apollo must make to retain accreditation from the Higher Learning Commission should not significantly lower the company's enrollment trends or increase its costs, added Ginocchio, who retained a $17 price target on the shares. In mid-morning trading, Apollo Group jumped 85c, or 5% to $17. Other for-profit education companies also advanced, with ITT Educational (ESI) gaining 3% to $12.75, Grand Canyon (LOPE) rising 1.7% to $23.45, and Strayer (STRA) climbing 1.2% to $47.50.
News For APOL;APEI;CECO;EDMC;BPI;STRA;ESI;LOPE;NAUH;LINC;COCO;DV From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 21, 2014
17:22 EDTESIBlum capital lowers stake in ITT Educational to 7.9%
07:34 EDTAPOLApollo Education sees 1Q15 revenue $720M-$730M, consensus $763.70M
Subscribe for More Information
07:33 EDTAPOLApollo Education sees FY15 revenue $2.8B-$2.85B, consensus $2.80B
07:32 EDTAPOLApollo reports Q4 University of Phoenix New Degreed Enrollment down 5.9%
Subscribe for More Information
07:31 EDTAPOLApollo Education reports Q4 EPS from cont. ops. ex-items 34c, consensus 27c
Subscribe for More Information
October 17, 2014
12:23 EDTESIITT leaps after upping scholarships, projecting FY15 positive cash flow
Subscribe for More Information
11:34 EDTESIITT expects interest expense reduction in FY15 vs. FY14
Subscribe for More Information
11:28 EDTESIITT Educational says Q3 enrollment impacted by 11% admissions decline
Subscribe for More Information
10:16 EDTCECOHigh option volume stocks
Subscribe for More Information
07:34 EDTESIITT Educational reports preliminary Q3 new student enrollments down 9.5%
Subscribe for More Information
07:34 EDTESIITT Educational reports preliminary Q2 new student enrollments down 8.1%
Subscribe for More Information
October 16, 2014
17:30 EDTCOCOCorinthian Colleges enters into Forbearance and Consent Agreement
Subscribe for More Information
October 15, 2014
07:07 EDTLOPE, APEI, STRA, BPI, APOL, COCO, DV, CECO, ESIFor profit education positive catalysts outweigh negative, says Wells Fargo
Wells Fargo expects for-profit education stocks to benefit from improved hiring trends and a sale by Corinthian of its assets that, according t othe firm ,would set a valuation floor for the sector. The firm continues to believe that the final gainful employment rule will be neutral to positive for the group. Wells favors the option value on the long side for the sector. Publicly traded companies in the space include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon (LOPE), ITT Educational (ESI) and Strayer (STRA).
06:19 EDTLOPEGrand Canyon upgraded to Outperform from Neutral at RW Baird
Subscribe for More Information
October 14, 2014
17:23 EDTESIBarnstar Opportunities reports 5.4% passive stake in ITT Educational
Subscribe for More Information
October 10, 2014
10:01 EDTEDMCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:49 EDTEDMCEducation Management upgraded to Market Perform at Wells Fargo
Subscribe for More Information
October 9, 2014
12:46 EDTBPI, APOL, STRADoE policy changes a negative for select Education stocks, says Deutsche Bank
Subscribe for More Information
06:25 EDTDVDeVry could close campuses to cut costs, says Deutsche Bank
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use