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Education Management (EDMC) in Focus: Stock Tumbles 8.6%

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Education Management Corporation saw a big move last session, as the company’s shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for EDMC, as the stock is now down over 47% since Jan 17.

This education and training service provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks. None of the estimates were revised on either side and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

EDMC currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the education sector include Bridgepoint Education, Inc. (BPI - Free Report) , Career Education Corp. (CECO - Free Report) and New Oriental Education & Technology Group Inc. (EDU - Free Report) . All these stocks hold a Zacks Rank #2 (Buy).

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