ITT Educational Services Inc. (NYSE:ESI) runs in leading trade, it jumping down remains unchanged to traded at $0.36. ESI attains analyst recommendation of 4.50 on scale of 1-5 with week’s performance of -34.91%. ITT Educational Services, Inc. released the following statement: “It is with profound regret that we must report that ITT Educational Services, Inc. will discontinue academic operations at all of its ITT Technical Institutes permanently following over 50 years of continuous service. With what we believe is a complete disregard by the U.S. Department of Education for due process to the firm, hundreds of thousands of current students and alumni and over 8,000 employees will be negatively affected.
To find out the technical position of ESI, it holds price to book ratio of 0.05 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio stands at unstated figure and price to earnings ratio calculated as 0.42. The price to earnings growth ration calculated as 0.04. ESI is presenting price to cash flow of 0.09 and free cash flow concluded as 0.17.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -1.20%, and looking further price to next year’s EPS is -161.00%. While take a short look on price to sales ratio, that was 0.01 and price to earning ration of 0.42 attracting passive investors.
Ascena Retail Group Inc. (NASDAQ:ASNA) kept active in under and overvalue discussion, ASNA holds price to book ratio of 0.80 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation.
Fundament/ News Factor in Focus
Taking look on ratio analysis, ASNA has forward price to earnings ratio of 9.12. The co is presenting price to cash flow as 5.99 and the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 5.53% for a week and 4.49% for a month. Its beta stands at 1.67 times. Narrow down four to firm performance, its weekly performance was -12.00% and monthly performance was -0.52%.