ITT Educational Services (NYSE: ESI)‘s stock had its “buy” rating reaffirmed by KeyBanc in a research note issued on Thursday. They currently have a $30.00 price target on the stock.
ESI has been the subject of a number of other recent research reports. Analysts at Robert W. Baird raised their price target on shares of ITT Educational Services from $27.00 to $28.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Barclays Capital cut their price target on shares of ITT Educational Services from $15.00 to $14.00 in a research note to investors on Friday, January 25th. They now have an “underweight” rating on the stock. Finally, analysts at Piper Jaffray cut their price target on shares of ITT Educational Services from $29.00 to $23.00 in a research note to investors on Friday, January 25th. They now have a “neutral” rating on the stock.
Three investment analysts have rated the stock with a buy rating, seven have issued a hold rating, and seven have assigned a sell rating to the company. ITT Educational Services has a consensus rating of “hold” and an average target price of $16.67.
Shares of ITT Educational Services traded down 1.45% during mid-day trading on Thursday, hitting $14.23. ITT Educational Services has a 52 week low of $11.69 and a 52 week high of $70.92. The stock’s 50-day moving average is currently $16.31. The company has a market cap of $332.2 million and a P/E ratio of 2.47.
ITT Educational Services last released its earnings data on Thursday, January 24th. The company reported ($0.41) earnings per share for the quarter, missing the analysts’ consensus estimate of $1.81 by $2.22. The company had revenue of $300.80 million for the quarter, compared to the consensus estimate of $313.64 million. During the same quarter in the prior year, the company posted $2.87 earnings per share. The company’s quarterly revenue was down 18.3% on a year-over-year basis. ITT Educational Services has