Tag: Stock

Jeff Ubben bets on underperforming for-profit education stock

Jeffrey Ubben

Source: BusinessWire

Activist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company.

His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June, the stock is down more than 40%, while the S&P 500 has rallied more than 12%.

For-profit education companies have gotten a bad reputation in recent years, but Ubben thinks Strategic Education can provide strong returns by leveraging its technology capabilities. Additionally, the company has undertaken initiatives aimed at reducing the cost of post-secondary education.

Company: Strategic Education Inc. (STRA)

Business: Strategic

Read more

Why TAL Education Stock Fell 12.6% Last Month

What happened

Shares of TAL Education Group (NYSE:TAL) slipped 12.6% in October, according to data from S&P Global Market Intelligence. The stock fell after the company reported second-quarter earnings late in the month and then moved lower amid a sell-off for the broader market. 

^SPX Chart

^SPX data by YCharts

TAL published third-quarter results on Oct. 22, delivering top- and bottom-line results that fell short of the market’s expectations. The company posted non-GAAP (adjusted) earnings per share on revenue of $1.1 billion, while the average analyst target had called for per-share earnings of $0.11 on sales of $1.12 billion. 

Students.

Image source: Getty

Read more

Ambow Education Holding News: Why AMBO Stock Is Soaring 117% Today

Ambow Education Holding (NYSEAMERICAN:AMBO) is in the news Monday after announcing an expanded deal with Amazon (NASDAQ:AMZN).

Amazon (amzn) LOGO ON THE SIDE OF A BUILDING.

Source: Sundry Photography / Shutterstock.com

Ambow Education Holding offers training courses online and via in-class lessons. The company already has a deal with Amazon that has it training and certifying students in Amazon Web Services (AWS).

With this expanded deal, Ambow Education Holding notes that it will be offering specific training to meet the needs of employers making use of AWS. That includes adding enterprise recruiting programs.

Ambow Education Holding offers its lessons from its online and offline learning

Read more

3 Reasons Why Perdoceo Education (PRDO) Is a Great Growth Stock

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market’s attention and produce exceptional returns. However, it isn’t easy to find a great growth stock.

By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company’s growth story is over or nearing its end, betting on it could lead to significant loss.

However, it’s pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company’s

Read more

Is Perdoceo Education (PRDO) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

On top of the Zacks Rank, investors can

Read more