The recent close of $32.22 is approximately 36% above the fair value buy target for the stock and approximately 34% below the fair value close target for the stock. The recent close is also 15% above analysts' twelve-month $18.00 median price target for the stock.
The recent close represents an 49% increase in the one year price of the stock, while year-over-year sales decreased 6%, year-over-year earnings increased 59%, and year-over-year debt increased 0%.
The stock currently has a trailing twelve-month PE Ratio of 16, and a PEG Ratio of 5.4 basis estimated forward earnings growth of 3%.
In the past 52 weeks, share prices have moved between a high of $34.51 and a low of $20.37, placing equilibrium at $29.92.
With the recent close, the stock is trading 7% below the 52 week high, 37% above the 52 week low, and 7% above equilibrium.
The three-month average daily trading volume for the stock is approximately 553,000 shares.
DeVry together with its subsidiaries, provides educational services worldwide.
The company's listed competitors include Apollo Group, Education Management,and ITT Educational Services.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending June 30, 2013.
All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.
Copyright © 2013 Wax Ink
Wax Ink is a baseline equity research company not licensed or registered with any government agency
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.