Stock Analysis: ITT Educational Services Inc. (ESI)

ITT-Educational-Services-Inc.Stock Analysis on ITT Educational Services Inc. (ESI)
Date of Analysis: 7th August 2014
Last Updated on: Same as above date
Current Price: $8.38


Fundamental Analysis

Intrinsic Value (How much it’s worth based on it’s financial records): $7.84

We were being conservative when calculating the intrinsic value for this stock.

Technical Analysis

Let’s first take a look a the bigger picture. From the monthly chart, we can see that this stock has room to further decline to $5.52.

ESI Monthly Chart
Monthly Chart on ESI

 

Here’s also the daily chart indicating a further down move to $4.25.

ESI Daily Chart Target
Daily Chart on ESI

 

By then it’ll form a bullish butterfly on both the daily and the weekly chart. So we will be expecting it to head to $20.15 or $23.91.

ESI Butterfly Pattern Daily chart
Bullish Butterfly Pattern on ESI


Summary:

The price where its at now is still not ideal. It has further room to head downwards to $4.25. Only then, buy and ride it $20.15 or $23.91.

 

Disclaimer: Readers are advised to practice their own due diligence before making any decisions. The reader understands the risks involved in trading.

Additional Notes: If you would like us to analyze any other stocks, feel free to drop us a note over at our contact page. Do note that we do not analyze IPOs due to insufficient financial data. Stocks with 5 to 10 years history are ideal (10 years would be even better).

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