Posts for Ticker ‘APOL’

Top Day Trader Alerts (AMD, APOL, ETFC, ILMN, LVLT, PVTB)

These are this morning’s top day trader and active trader alerts from us with links through to updates and more detailed price-volume analysis with a link to each stock at VSInvestor.com:

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Top 10 Analyst Upgrades, Downgrades, Initiations (AKS, APOL, BP, CRDN, RX, SNDK, STI, TGT, TXN, WYNN)

These are this Wednesday’s top 10 seen analyst upgrades, downgrades and initiations which we have seen from Wall Street research calls:

AK Steel (NYSE: AKS) Raised to Buy at Citigroup.
Apollo Group (NASDAQ: APOL) Cut to Neutral at BofA/Merrill.
BP plc (NYSE: BP) Cut to Hold at Citigroup; Raised to Neutral at Goldman Sachs.
Ceradyne (NASDAQ: CRDN) Raised to Market Perform at Wells Fargo.
IMS Health (NYSE: RX) Cut to Underperform at BofA/Merrill
SanDisk (NASDAQ: SNDK) Cut to Neutral at Goldman Sachs.
SunTrust (NYSE: STI) Raised to “Top Picks” list at Citigroup.
Target Corp. (NYSE: TGT) Raised to Buy from Sell at Citigroup.
Texas Instruments (NYSE: TXN) Raised to Buy at Goldman Sachs.
Wynn Resorts Ltd. (NASDAQ: WYNN) Raised to Outperform at Oppenheimer.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 28, 2009

Apollo’s Woes (APOL)

Burning Money PicApollo Group Inc. (NASDAQ: APOL) is the clear leader of the private-sector public education companies.  Yet, that leadership position is coming with some severe pain after its earnings.  Apollo reported that its profit fell by some 60% on one-time litigation and write-off charges.  Earnings were $91.5 million, or $0.59 EPS, but outside of items its non-GAAP earnings was listed as being $1.06 EPS. Revenue rose by almost 30% to $1.08 billion.  The consensus estimates from Thomson Reuters were $1.04 EPS (non-GAAP) and $1.03 billion in revenues.  The bomb is here: the Securities and Exchange Commission has launched an informal inquiry over the company’s revenue recognition policy.

Read More »

Next Week’s Top 10 Earnings (VZ, APOL, VLO, V, WYNN, COP, FSLR, CME, XOM, PG)

NYSE Floor ImageThis week was the crest of 2009 third quarter earnings season.  We still have a flood of reports next week and picking a mere top ten earnings to watch was very unfair to many key stocks.  But the ten earnings we have flagged as the top ten for next week are Verizon Communications Inc. (NYSE: VZ), Apollo Group Inc. (NASDAQ: APOL), Valero Energy Corp. (NYSE: VLO), Visa, Inc. (NYSE: V), Wynn Resorts Ltd. (NASDAQ: WYNN), ConocoPhillips (NYSE: COP), First Solar, Inc. (NASDAQ: FSLR), Chicago Mercantile Exchange Holdings Inc. (NYSE: CME), ExxonMobil Corporation (NYSE: XOM) and Procter & Gamble Company (NYSE: PG).  We have included Thomson Reuters consensus data for earnings and revenue estimates and added color on each where applicable.
Read More »

Apollo Now Over $1 Billion in Quarterly Revenues (APOL)

The online university giant Apollo Group, Inc. (NASDAQ: APOL) has just posted its first $1 billion revenue quarter which showed 26% year-over-year growth.  The company’s degreed enrollment has now reached 420,700 during the third quarter, and that is a 22% increase from a year ago as new degreed enrollments increased 23%.

The total revenues were up 25.9% to $1.0513 billion, and net income was $201.1 million or $1.26 EPS.  Thomson Reuters had estimates at $1.12 EPS and $1.04 billion in revenue.  The company did not give any formal guidance, so this should be considered incomplete data until after its conference call.
Read More »

Top 10 Analyst Upgrades & Downgrades (ATI, APOL, AUO, ABX, BWLD, EXPD, HAL, JCOM, NOK, MTN)

These are the ten top analyst calls we have seen early this Tuesday morning with about two hours until the open:

Allegheny Tech (ATI) Cut to Sell at Citigroup.
Apollo Group (APOL) Started as Buy at Deutsche Bank.
AU Optronics (AUO) Raised to Outperform at Credit Suisse.
Barrick Gold (ABX) Raised to Overweight at Thomas Weisel.
Buffalo Wild Wings (BWLD) Started as Outperform at Oppenheimer.
Expeditors International (EXPD) Cut to Neutral at JPMorgan.
Halliburton (HAL) Cut to Neutral at JPMorgan.
j2 Global (JCOM) Cut to Hold at Jefferies.
Nokia (NOK) Started as Buy at Jefferies.
Vail Resorts (MTN) Cut to Market Perform at Wachovia.

Jon C. Ogg
April 21, 2009

Top Analyst Downgrades (APOL, STD, BA, BRKR, CHU, CME, GR, PCP, STX)

These are the top pre-market analyst downgrades or negative calls we have seen from Wall Street this Wednesday morning:

Apollo Group (APOL) Cut to Neutral at Baird.
Banco Santander (STD) Cut to Hold at Deutsche Bank.
Boeing (BA) Cut to Market Perform at Wachovia.
Bruker Corp. (BRKR) Cut to Neutral at UBS.
China Unicom (CHU) Cut to Sell at Citigroup.
CME Group (CME) Cut to Market Perform at Wachovia.
Goodrich (GR) Cut to Market Perform at Wachovia.
Precision Castparts (PCP) Cut to Market Perform at Wachovia.
Seagate Tech (STX) Cut to Sell at Deutsche Bank.

JON C. OGG

Ten Large American Companies That Won’t Cut Jobs

cammonopoly_wideweb__430x325014Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go.  There are a relatively small number of America’s largest companies which will almost certainly not have significant layoffs. One of them might close an office in Turkey, another could replace telephone operators with an automated system, but each is in a unique position that makes it highly unlikely for them to want or need to fire employees. Read More »

Apollo Earnings Shocker (APOL)

Apollo Group Inc. (NASDAQ: APOL) is seeing shares surge in after-hours after the company posted better than expected earnings.  The for-profit and online education company earned $139.1 million after an 11% enrollment increase. 

On an earnings per share, it posted $0.85 EPS on $835.2 million in revenues.  First Call had estimates pegged at $0.78 EPS on $806.9 million in revenues.

The owner of the University of Phoenix Online also noted that enrollment increases have increased its deferred revenues, as of May 31, 2008, to $206 million from $167.3 million at August 31, 2007 and an increase from $150.0 million at May 31, 2007.

Shares closed up over 4.5% at $46.26 in normal trading hours today.  But we are now seeing a 14% rise to $52.95 in after-hours trading.  Its 52-week trading range is $37.92 to $81.68.

Jon C. Ogg
July 1, 2008

Top 10 Pre-Market Analyst Calls (APOL, BZH, CB, CTSH, FITB, IRF, PBG, SNDK, SY, SYMC, WES)

These are ten of the analyst calls we are focusing on this Friday morning:

  • Apollo Group (NASDAQ: APOL) Raised to Outperform at Credit Suisse.
  • Beazer Homes (NYSE: BZH) Raised To Neutral at UBS.
  • Chubb (NYSE: CB) Raised to Equal-Weight at Morgan Stanley.
  • Cognizant Technology (NASDAQ: CTSH) Cut To Neutral at Goldman Sachs.
  • Fifth Third Bancorp (NASDAQ: FITB) Raised to Outperform at KBW.
  • International Rectifier (NYSE: IRF) Cut to Sell at Citigroup.
  • Pepsi Bottling (NYSE: PBG) Raised to Neutral at JPMorgan.
  • SanDisk (NASDAQ: SNDK) Cut to Hold from Buy at Citigroup.
  • Sybase (NYSE: SY) Cut to Neutral at Banc Of America.
  • Symantec (NASDAQ: SYMC) Cut to Market Perform at FBR.
  • Western Gas Partners (NYSE: WES) Started as Hold at Citigroup.

Jon C. Ogg
June 20, 2008

The 52-Week Low Club (MPG)(MTG)(WLP)(APOL)(WOOF)

Maguire (MPG) Possible sale of the company fails. Shares sell down to $12.42 from 52-week high of $38.08.

MGIC (MTG) Company closes common stock offering, dilution. Stock off to $9.60 from 52-week high of $67.05.

Wellpoint (WLP) Dowgrade from Lehman. Sells down to $43.02 from 52-week high of $90.

Apollo Group (APOL) Misses quarterly numbers. Down to $39.41 from 52-week high of $81.68.

VCA Antech (WOOF) No real news. Just drifting down. Hits low of $26.55 from 52-week high of $46.23.

Douglas A. McIntyre

Top 10 Pre-Market Analyst Calls (AU, APOL, CLF, DRI, ETR, EXC, EXPD, F, MELI, OSIP, STX, WDC)

These are not all of the analyst calls out there affecting shares, but these are the top 10 analyst we are focusing on this Monday morning:

  • Anglogold (NYSE: AU) Raised to Buy at UBS.
  • Apollo Group (NASDAQ: APOL) cut to Sell at Banc of America.
  • Cleveland-Cliffs (NYSE: CLF) started as Buy at Deutsche Bank.
  • Darden Restaurants (NYSE: DRI) raised to Outperform at Bear Stearns.
  • Entergy (NYSE: ETR) & Excelon (NYSE: EXC) raised to Buy at Jefferies.
  • Expeditors International (NASDAQ: EXPD) Raised to Buy at UBS.
  • Ford Motors (NYSE: F) cut to Sell at Citigroup.
  • MercadoLibre (NASDAQ: MELI) raised to Outperform at RBC Capital.
  • OSI Pharmaceuticals (NASDAQ: OSIP) raised to Outperform at Wachovia.
  • Seagate Tech (NYSE: STX) raised to Overweight at JP Morgan; Western Digital (NYSE: WDC) downgraded to Underweight at JP Morgan.

Jon C. Ogg
March 3, 2008

Top 10 Analyst Calls (APOL, COCO, CMCSA, FNM, FRE, HUGH, INTC, NTRS, PZN, CSR, UTX)

Below are some of the key impact analyst calls from 247WallSt.com:

  • Apollo Group (APOL) and Corinthian Colleges (COCO) started as Buy at B of A.
  • Comcast (CMCSA) downgraded to Neutral at Goldman Sachs.
  • Fannie Mae (FNM) downgraded to Neutral from Buy at Piper Jaffray; and also downgraded to Underperform from Neutral at Credit Suisse.
  • Freddie Mac (FRE) cut to Underperform at Credit Suisse.
  • Hughes Communications (HUGH) started as Outperform at Wachovia.
  • Intel (INTC) raised to Overweight at Thomas Weisel.
  • Northern Trust (NTRS) cut to Neutral at Merrill Lynch.
  • Pzena (PZN) started as Underweight at J.P.Morgan.
  • Security & Surveillance Technology (CSR) started as Overweight at Lehman.
  • United Tech (UTX) added to Goldman Sachs Conviction Buy List.

Jon C. Ogg
December 5, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.