Shares of ITT Educational Services Inc. (NYSE:ESI) traded up 6.8% during trading on Friday . The company traded as high as $2.08 and last traded at $2.04, with a volume of 234,812 shares traded. The stock had previously closed at $1.91.

A number of analysts have recently commented on the company. Piper Jaffray Cos. reissued a “hold” rating and issued a $4.75 price target (up from $3.50) on shares of ITT Educational Services in a research report on Tuesday, March 15th. Barrington Research reissued an “outperform” rating and issued a $6.00 price target on shares of ITT Educational Services in a research report on Friday, March 11th. Finally, Zacks Investment Research raised ITT Educational Services from a “sell” rating to a “buy” rating and set a $2.50 price target on the stock in a research report on Tuesday, May 17th.

The company has a market cap of $47.87 million and a PE ratio of 2.88. The company has a 50 day moving average price of $1.99 and a 200 day moving average price of $2.63.

ITT Educational Services (NYSE:ESI) last announced its quarterly earnings data on Friday, April 29th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.02. The business had revenue of $191.50 million for the quarter, compared to analyst estimates of $190.85 million. ITT Educational Services’s revenue was down 16.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 earnings per share. Equities analysts predict that ITT Educational Services Inc. will post $0.43 earnings per share for the current year.

In other news, major shareholder Yude Zhang acquired 206,092 shares of the firm’s stock in a transaction on Friday, July 1st. The stock was acquired at an average price of $1.94 per share, with a total value of $399,818.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

An institutional investor recently raised its position in ITT Educational Services stock. Globeflex Capital L P boosted its stake in ITT Educational Services Inc. (NYSE:ESI) by 1.1% during the fourth quarter, Holdings Channel reports. The fund owned 307,651 shares of the company’s stock after buying an additional 3,213 shares during the period. Globeflex Capital L P owned about 1.30% of ITT Educational Services worth $1,148,000 at the end of the most recent quarter.

ITT Educational Services, Inc is a provider of postsecondary degree programs in the United States. The Company offers master, bachelor and associate degree programs to over 45,000 students, and short-term information technology and business learning solutions for career advancers and other professionals.

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