- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Diversified Consumer Services industry. The net income has significantly decreased by 7703.7% when compared to the same quarter one year ago, falling from -$1.02 million to -$79.60 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Diversified Consumer Services industry and the overall market, CORINTHIAN COLLEGES INC's return on equity significantly trails that of both the industry average and the S&P 500.
- Net operating cash flow has significantly decreased to -$19.40 million or 172.63% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 95.98%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 1780.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- CORINTHIAN COLLEGES INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, CORINTHIAN COLLEGES INC increased its bottom line by earning $0.25 versus $0.21 in the prior year. For the next year, the market is expecting a contraction of 60.0% in earnings ($0.10 versus $0.25).
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 305 points (1.8%) at 17,666 as of Tuesday, Feb. 3, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,499 issues advancing vs. 614 declining with 98 unchanged. The Diversified Services industry as a whole closed the day up 2.1% versus the S&P 500, which was up 1.4%. Top gainers within the Diversified Services industry included RLJ Entertainment ( RLJE), up 2.3%, National American University Holdings ( NAUH), up 1.7%, Corinthian Colleges ( COCO), up 2.1%, Cambium Learning Group ( ABCD), up 1.5% and Swisher Hygiene ( SWSH), up 11.8%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: Corinthian Colleges ( COCO) is one of the companies that pushed the Diversified Services industry higher today. Corinthian Colleges was up $0.00 (2.1%) to $0.06 on light volume. Throughout the day, 248,240 shares of Corinthian Colleges exchanged hands as compared to its average daily volume of 1,080,100 shares. The stock ranged in a price between $0.06-$0.06 after having opened the day at $0.06 as compared to the previous trading day's close of $0.06. Corinthian Colleges, Inc. operates as a post-secondary education company. The company offers various diploma programs, as well as associate, bachelor's, and master's degrees. Corinthian Colleges has a market cap of $5.3 million and is part of the technology sector. Shares are down 3.6% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Corinthian Colleges a buy, 1 analyst rates it a sell, and 1 rates it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Corinthian Colleges as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Highlights from TheStreet Ratings analysis on COCO go as follows: