StockIceMan's Weekly Stock Pick
Week of
April 4, 2005
| Stock: |
Corinthian Colleges, Inc.
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| Ticker Symbol: |
COCO - Nasdaq - Education
Services/Schools |
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| Buy: |
15.00 to 15.50 |
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| Sell: |
20.00 + |
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Info: |
Corinthian Colleges, Inc.
is a for-profit, post-secondary education
company. As of June 30, 2004, it operated 88
colleges in 22 states, and 45 colleges (10 of
which are expected to close during fiscal year
ended June30, 2005 (fiscal 2005)) and 15
corporate training centres in seven Canadian
provinces. It offers a variety of master's,
bachelor's and associate's programs through four
principal operating divisions in the United
States and one principal operating division in
Canada. The principal divisions include
Corinthian Schools division (CSI), The Titan
Schools division (TSI), The Rhodes Colleges
division (RCI), The CDI Education Corporation
Post-Secondary Education division (CDI-PS) and
The CDI Education Corporation Corporate
Education division (CDI-CE). |
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| Financial Info: |
For the six months ended
12/31/04, net revenues rose 29% to $477.8
million. Net income fell 6% to $38.9 million. |
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| Key Ratios: |
Current
Ratio: 1.54, Total Debt/Equity: 0.15, Trailing
P/E: 18.47x, Forward P/E: 14.11x, Price/Book:
3.55, Price/Sales: 1.56 |
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| Share Info: |
There are 90.74
million shares outstanding with 87.60
million shares in the trading
float. Institutions own
approximately 95.00% of the shares outstanding.
There have been no reported insider purchases
and 3
insider sales totaling 65,000 shares in the last six months.
Real-Time SEC
Filings
As of 3/8/2005, there were 10.87 million shares short.
Net Institutional Buying: : 23.543 million
shares prior to latest
quarter. |
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| Articles: |
Corinthian Colleges Opens
Bryman College Earth City, Missouri
Corinthian discloses new
accreditation lawsuit |
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