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November 23, 2009 6:25 PM ET

ITT Educational Services Inc.

(ESI:NYSE)

LAST $92.81 USD
CHANGE TODAY +0.52 0.56%
VOLUME 630.6K
As of 4:01 PM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of ITT Educational Services Inc. (ESI)

OPEN
$92.49
PREVIOUS CLOSE
$92.29
DAY HIGH
$92.89
DAY LOW
$91.81
52 WEEK HIGH
02/3/09 - $133.75
52 WEEK LOW
11/24/08 - $74.84
MARKET CAP
3.4B
AVERAGE VOLUME 3 mo
800.8K
DILUTED EPS TTM
$7.06
SHARES OUTSTANDING
36.9M
ESI Does Not Pay Dividends
P/E TTM
13.1x
K = Thousands  M = Millions  B = Billions

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ESI Details

itt Educational Services Inc. offers postsecondary-degree programs in the U.S. that provide diplomas as well as associate’s, bachelor’s, and master’s degrees in information technology, electronics technology, drafting and design, business, criminal justice, and health sciences. As of Mar. 22, the company operated 90 itt Technical Institutes in 33 states that primarily offer career-oriented degree programs to about 47,000 students. Headquartered in Carmel, Ind., itt was started in 1946.

4,620 Employees
Founded in 1946

ESI Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Age: 42
Total Annual Compensation: $1.0M
Chief Financial Officer, Principal Accounting...
Age: 49
Total Annual Compensation: $365.1K
Senior Vice President of Operations
Age: 53
Total Annual Compensation: $308.6K
Senior Vice President, Secretary and General ...
Age: 48
Total Annual Compensation: $352.0K
Senior Vice President of Marketing
Age: 61
Total Annual Compensation: $223.3K
Compensation as of Fiscal Year 2008.

Key developments for ITT Educational Services Inc. (ESI)

ITT Educational Services Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

ITT Educational Services Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's revenues were $339,643,000 against $254,273,000 a year ago. Operating income was $122,726,000 against $80,762,000 a year ago. Income before provision for income taxes was $123,251,000 against $81,315,000 a year ago. Net income was $75,360,000 or $2.00 per diluted share against $50,186,000 or $1.28 per diluted share a year ago. Operating margin was 36.1% against 31.8% a year ago. Net cash flows from operating activities was $74,956,000 against $59,026,000 a year ago. Capital expenditures, net were $3,907,000 against $4,286,000 a year ago. For the nine months, the company's revenues were $944,816,000 against $735,533,000 a year ago. Operating income was $340,163,000 against $225,779,000 a year ago. Income before provision for income taxes was $342,397,000 against $226,965,000 a year ago. Net income was $209,212,000 or $5.45 per diluted share against $139,948,000 or $3.56 per diluted share a year ago. Operating margin was 36.0% against 30.7% a year ago. Net cash flows from operating activities was $157,714,000 against $90,050,000 a year ago. Capital expenditures, net were $15,913,000 against $12,103,000 a year ago.

ITT Educational Services Inc. expected to Report Fiscal Year 2009 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 22, 2009).

ITT Educational Services Inc. expected to Report Fiscal Year 2009 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 22, 2009).

ITT Educational Services Inc., Q3 2009 Earnings Call, Oct-22-2009

ITT Educational Services Inc., Q3 2009 Earnings Call, Oct 22 2009

BusinessWeek Rankings

Hot Growth 100
2008  #31
2007  #45

Stock Quotes

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ESI $92.81 USD +0.52
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SMSI $6.86 USD +0.16
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SCSS $5.39 USD +0.09

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ESI Competitors

Company Last Change
Career Education Corp $25.08 USD +0.23
DeVry Inc $54.37 USD +0.34
Education Management Corp $20.80 USD -0.23
New Oriental Education & Technlgy Gr Inc $72.93 USD +0.13
Strayer Education Inc $191.69 USD +1.69
View Industry Companies
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Industry Analysis

Valuation ESI Industry Range
Price/Earnings 13.1x
Price/Sales 2.8x
Price/Book 16.0x
Price/Cash Flow 12.5x
TEV/Sales 2.4x

ESI

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