Corinthian Colleges Receives Hold Rating from Gabelli (COCO)
Corinthian Colleges (NASDAQ:COCO)‘s stock had its “hold” rating reiterated by stock analysts at Gabelli in a report issued on Thursday, AnalystRatingsNetwork reports.
A number of other analysts have also recently weighed in on COCO. Analysts at Compass Point reiterated a “sell” rating on shares of Corinthian Colleges in a research note to investors on Thursday. They now have a $1.00 price target on the stock, down previously from $1.50. Separately, analysts at Deutsche Bank cut their price target on shares of Corinthian Colleges from $1.75 to $1.00 in a research note to investors on Thursday. Finally, analysts at Zacks upgraded shares of Corinthian Colleges from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $1.70 price target on the stock. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $1.68.
Corinthian Colleges (NASDAQ:COCO) opened at 1.30 on Thursday. Corinthian Colleges has a 52 week low of $1.28 and a 52 week high of $2.97. The stock’s 50-day moving average is $1.64 and its 200-day moving average is $2.00. The company’s market cap is $113.2 million.
Corinthian Colleges (NASDAQ:COCO) last announced its earnings results on Tuesday, February 4th. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.03. The company had revenue of $369.90 million for the quarter, compared to the consensus estimate of $373.41 million. During the same quarter last year, the company posted $0.05 earnings per share. Corinthian Colleges’s revenue was down 8.9% compared to the same quarter last year. On average, analysts predict that Corinthian Colleges will post $0.02 EPS for the current fiscal year.
Corinthian Colleges, Inc (NASDAQ:COCO) is a post-secondary education companies in the United States.
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