ITT Educational Services Inc (ESI) Given New $83.00 Price Target by Barclays Capital (BCS) Analysts.
Wednesday, August 24, 2021 2:55 PM



Equities research analysts at Barclays Capital (NYSE: BCS) lowered their price target on shares of ITT Educational Services Inc (NYSE: ESI) from $98.00 to $83.00 in a research note to investors on Wednesday. The analysts currently have an "equal weight" rating on the stock.

Separately, analysts at Wunderlich initiated coverage on shares of ITT Educational Services Inc in a research note to investors on Friday, August 12nd. They set a "hold" rating and a $82.00 price target on the stock. Also, analysts at UBS AG (NYSE: UBS) downgraded shares of ITT Educational Services Inc from a "neutral" rating to a "sell" rating in a research note to investors on Tuesday, July 26th. They now have a $70.00 price target on the stock.

Shares of ITT Educational Services Inc traded up 2.46% during mid-day trading on Thursday, hitting $72.33. ITT Educational Services Inc has a 52 week low of $51.12 and a 52 week high of $95.52. The stock's 50-day moving average is $82.85 and its 200-day moving average is $75.50. The company has a market cap of $1.955 billion and a price-to-earnings ratio of 6.01.

ITT Educational Services Inc last announced its quarterly results on Thursday, July 21st. The company reported $2.85 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $2.64 EPS by $0.21. The company’s quarterly revenue was down 3.5% on a year-over-year basis. On average, analysts predict that ITT Educational Services Inc will post $2.31 EPS next quarter.

ITT Educational Services, Inc. (ITT/ESI) is a provider of postsecondary degree programs in the United States. As of December 31, 2009, the Company offered master, bachelor and associate degree programs to approximately 80,000 students. As of December 31, 2009, it had 125 locations (including 121 campuses and four learning sites) in 38 states. All of its institutions are authorized by the applicable education authorities of the states, in which they operate, and are accredited by an accrediting commission recognized by the United States Department of Education (ED). It designs its education programs, after consultation with employers and other constituents, to help graduates prepare for careers in various fields involving their areas of study. On June 10, 2009, it acquired Daniel Webster College (DWC). DWC offers programs of study at the master, bachelor and associate degree levels both in residence and through distance education.

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