customers = student base

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customers = student base

Postby aka name » September 4th, 2011, 2:36 pm

ITT Educational Services Inc. (ESI) is a major player in the higher education game, focusing on technical education and career oriented training programs. It owns the Daniel Webster college (DWC) and ITT technical institute brands, with a ‘customer’, aka student base, of around 84,000 as of Dec 31, 2010. After rising through much of the trailing twelve months, the stock is currently below the 50 and 100 days moving averages, last traded at $70.31.


Source: http://seekingalpha.com/article/291509-6-undervalued-stocks-i-love-right-now

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The only real students attending ITT Tech are the ones that shouldn't be there.
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Re: customers = student base

Postby sevenalive » September 5th, 2011, 3:46 am

I had to re-read that to make sure enrollment wasn't going up. The stocks were rising, but now falling. Let's hope they keep falling.
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Re: customers = student base

Postby Krugg » September 5th, 2011, 4:02 am

Yeah from what I've been reading the government is really drilling into the for-profits and cut their enrollment by like 45% this quarter so far I believe.
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