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STRA

Strayer Education, Inc.

6/20/2013, 8:05 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Tuesday, June 11, 11:34 AM Shares of Corinithian Colleges (COCO -10.6%) narrow a steep loss from earlier in the day linked to a new SEC probe of the company. The news is also spilling over to taint shares of some skittish sector peers including ITT Educational Services (ESI -3.7%), Education Management (EDMC -2.5%), and Strayer Education (STRA -2.8%). 2 Comments [Consumer]
Monday, June 10, 10:57 AM Education stocks (CECO, STRA, APEI, LINC, DV) are ripping higher again, led by Apollo Group (APOL +5.9%) and Corinithian Colleges (COCO +6.8%). Traders are buzzing about technical indicators in the sector, but SA contributor David Waldron is looking down the road to see a "shakeout" in the education market that could lead to a resumption of consistent growth and profits even with regulation higher. 1 Comment [Consumer, On the Move]
Wednesday, June 5, 11:09 AM The for-profit education sector has been beaten up too much by investors and analysts, reasons SA contributor Daniel Philip. He thinks after student loan balances begin to decrease, the industry will benefit from the higher rate of high school graduates and the improved cost structures at major providers. The sector (APEI, APOL, CECO, COCO, STRA, LINC, LOPE, BPI, DV, CPLA, EDMC, NAUH) should rally again eventually, although ITT Educational Services (ESI +11%) might be getting a nice little head start. 2 Comments [Consumer]
Thursday, May 23, 1:14 PM Overdue student loans reached an all-time high of 11% during Q3 of last year, according to the DOE. The news comes just as the House approved a Republican-led proposal to allow interest rates on student loans to float. Still up for debate is whether or not a two-year extension of the 3.4% rate for subsidized Stafford loans will be legislated. Sector watch: APEI, APOL, CECO, COCO, ESI, STRA, LINC, LOPE, BPI, DV, CPLA, EDMC, NAUH. 3 Comments [Consumer]
Thursday, May 2, 8:06 AM More on Strayer's (STRA) Q1: Investors get another read on how (un)healthy the for-profit education sector is, as Strayer says total enrollments for the spring term fell 9% Y/Y. Overall (i.e. including online) continuing student enrollments fell 8% and new student enrollments dropped 14%. Based on the enrollment figures, STRA says Q2 EPS should be $1.37-1.39 versus consensus of $1.36. Shares flat premarket. (PR) 1 Comment [Earnings]
Thursday, May 2, 6:34 AM Strayer Education (STRA): Q1 EPS of $1.59 beats by $0.13. Revenue of $137.5M (-8% Y/Y) misses by $2.27M. (PR) Comment! [Earnings, Breaking News]
Monday, April 29, 9:07 AM Education stocks are in focus after DeVry (DV) announces it will freeze tuition rates for the next academic year. Investors are already skittish on the sector due to federal funding concerns. On watch: CECO, APOL, STRA, COCO, ESI, ITT, BPI, LINC. Comment! [Consumer]
Friday, April 26, 3:18 PM For-profit education names are lower across the board, taking a step back after yesterday's gains. This week saw both DeVry (DV -3.7%) and ITT Educational (ESI -10.6%) report significant Y/Y declines in enrollment ( -17% at DV's namesake university and -14.2% total student enrollment at ESI) and today investors seem to be second guessing ESI after Thursday's rally as a price target hike at Barclays ($16) is overshadowed by Compass Point's downgrade and revised target ($12). Sector roundup: (APOL -0.7%), (CECO -3.5%), (STRA -0.5%), (LINC -3.7%), (LOPE -1.2%), (BPI). 1 Comment [On the Move]
Thursday, April 25, 10:12 AM Key stats from ITT Educational Services' (ESI +9.4%) Q1 beat: New student enrollment during the quarter fell 3.6% Y/Y while total student enrollment dropped 14.2%. The market seems to like the numbers (better than DeVry's drop in enrollment) as investors may just be looking for trends that are "less bad" out of for-profit education stocks (see Deutche's upgrade of ITT). Other for-profits trading higher: (APOL +3.4%), (CECO +3.3%), (STRA +1.7%), (BPI +1.3%) Comment! [On the Move, Earnings]
Monday, March 4, 3:18 PM For-profit education stocks sink lower as debate rages in Washington DC over funding for student loans. 1 Comment [Consumer, On the Move]
Thursday, February 14, 12:46 PM Midday top 10 gainers: STZ +37%. ART +32%. ANGI +24%. EMITF +21%. HNZ +20%. FFEX +20%. MEIP +18%. VCLK +17%. SPWR +17%. DSCO +16%.
Midday top 10 losers: TBAC -40%. NSPH -31%. END -31%. CTL -22%. WTW -17%. STMP -16%. STRA -11%. ULTA -11%. TCX -11%. ITRI -10%. Comment! [On the Move]
Thursday, February 14, 6:33 AM Strayer Education (STRA): Q4 EPS of $1.47 beats by $0.03. Revenue of $141.9M (-9% Y/Y) misses by $3.35M. (PR) Comment! [Earnings, Breaking News]
Thursday, February 14, 12:05 AM Notable earnings before Thursday’s open: ABB, ABX, ALXN, ANR, APA, BGCP, BWA, CAB, CRIS, CVE, DISCA, DTV, DVA, DWRE, ECA, GELG, GM, GNC, GNRC, INCY, JAH, LNT, LUFK, MFA, NGLS, NRF, O, OAK, PDS, PEP, PPL, REGN, SHPG, STRA, TAP, UTHR, VMC, WM, ZIP Comment! [Earnings]
Wednesday, February 13, 5:30 PM Notable earnings before Thursday’s open: ABB, ABX, ALXN, ANR, APA, BGCP, BWA, CAB, CRIS, CVE, DISCA, DTV, DVA, DWRE, ECA, GELG, GM, GNC, GNRC, INCY, JAH, LNT, LUFK, MFA, NGLS, NRF, O, OAK, PDS, PEP, PPL, REGN, SHPG, STRA, TAP, UTHR, VMC, WM, ZIP Comment! [Earnings]
Thursday, February 7, 10:12 AM The rocket ride for DeVry (DV +19.5%) following its FQ2 earnings report is providing a lift to the for-profit education sector. Though enrollment numbers still don't look strong, gains with colleges focused on medical and healthcare add a bit of promise. Advancers: APEI +2.1%, APOL +3.3%, CECO +4.4%, COCO +3.2%, ESI +9.4%, STRA +4.6%, LINC +1.4%, LOPE +5.6%, BPI +3.3%. Comment! [Consumer, On the Move]
Sunday, January 27, 4:06 AM Wheat inventories on May 31, just prior to the harvest, will total 742M bushels, Allendale forecasts, with the figure 3.6% higher than the USDA's prediction. The firm also reckons output in the 2013/2014 season will slip 2.5% to 2.21B bushels and farmers will increase the amount of acreage plant by 1.4%, but yields will decline 2.4% to 45.2 bushels an acre. (See corn inventories) Comment! [Commodities]