ITT Educational Services Inc. (NYSE:ESI) fell 3.1% on Tuesday . The company traded as low as $2.14 and last traded at $2.16, with a volume of 139,682 shares trading hands. The stock had previously closed at $2.23.

Separately, Zacks Investment Research upgraded ITT Educational Services from a “sell” rating to a “buy” rating and set a $2.50 price objective for the company in a research note on Tuesday, May 17th.

The stock has a market cap of $52.41 million and a P/E ratio of 2.574. The company has a 50-day moving average price of $2.04 and a 200-day moving average price of $2.44.

ITT Educational Services (NYSE:ESI) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.22. The firm had revenue of $176.30 million for the quarter, compared to analyst estimates of $179.05 million. During the same period in the prior year, the company posted $0.03 EPS. The firm’s quarterly revenue was down 17.7% compared to the same quarter last year. On average, analysts expect that ITT Educational Services Inc. will post $1.11 earnings per share for the current year.

In other news, major shareholder Yude Zhang acquired 206,092 shares of ITT Educational Services stock in a transaction on Friday, July 1st. The shares were purchased at an average price of $1.94 per share, with a total value of $399,818.48. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

A hedge fund recently raised its stake in ITT Educational Services stock. Globeflex Capital L P raised its stake in shares of ITT Educational Services Inc. (NYSE:ESI) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm 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 as of its most recent filing with the SEC.

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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