Below are the three companies in the Education Services industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Corinthian Colleges (NASDAQ:COCO) is highest with future earnings growth of 104.1%. Corinthian Colleges, Inc. is a private, for-profit post-secondary education company operating in the United States. The Company currently operates colleges in various states. Corinthian offers a variety of degrees and diploma programs in the healthcare, electronics, and business fields.
Over the past year, Corinthian Colleges has traded in a range of $1.24 to $6.12 and is now at $2.48, 100% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.7%.
Following is Learning Tree International (NASDAQ:LTRE) with future earnings growth of 58.6%.
Learning Tree International (NASDAQ:LTRE) has potential upside of 85.7% based on a current price of $7.00 and analysts' consensus price target of $13.00. The stock should run into initial resistance at its 50-day moving average (MA) of $7.36 and subsequent resistance at its 200-day MA of $8.54.
Finishing up the top three is K12 (NYSE:LRN), with future earnings growth of 45.6%. Thus far today, K12 has traded 92,000 shares, vs. average volume of 321,000 shares per day. The stock has outperformed the Dow (5.6% to the Dow's 3.7%) and outperformed the S&P 500 (5.6% to the S&P's 3.6%) during today's trading.