Somewhat Positive News Coverage Somewhat Unlikely to Affect Career Education (NASDAQ:CECO) Share Price

News stories about Career Education (NASDAQ:CECO) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Career Education earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the company an impact score of 44.8784708683713 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Career Education (CECO) opened at $12.51 on Friday. The company has a market cap of $858.14, a PE ratio of -52.13 and a beta of 2.72. Career Education has a fifty-two week low of $7.62 and a fifty-two week high of $13.92.

Career Education (NASDAQ:CECO) last announced its earnings results on Thursday, November 2nd. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.06. The company had revenue of $145.00 million during the quarter, compared to analysts’ expectations of $149.10 million. Career Education had a negative net margin of 3.35% and a positive return on equity of 4.99%. The firm’s quarterly revenue was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 earnings per share.

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

In other Career Education news, SVP John Robert Kline sold 2,700 shares of Career Education stock in a transaction dated Tuesday, November 7th. The shares were 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 $1,172,222.16. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Andrew Hurst sold 3,889 shares of Career Education stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $12.81, for a total transaction of $49,818.09. The disclosure for this sale can be found here. Insiders own 5.01% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Somewhat Positive News Coverage Somewhat Unlikely to Affect Career Education (NASDAQ:CECO) Share Price” was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at

About Career Education

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)

Receive News & Ratings for Career Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Career Education and related companies with's FREE daily email newsletter.

Leave a Reply