Shares of ITT Educational Services (ESI -7.5%) take a beating after Argus downgrades the stock...

|About: ITT Educational Services Inc. (ESI)|By:, SA News Editor

Shares of ITT Educational Services (ESI -7.5%) take a beating after Argus downgrades the stock to Sell citing negative enrollment trends, "reduced government funding for Pell grants, [and] relatively high tuition rates." The firm also points to below-peer group EPS and revenue growth rates. Across the sector: LINC -2.3%, LOPE -1.17%, APOL -2.94%, STRA -2.23%, EDMC -9.45%, COCO -0.93%.