Zovio Inc (ZVO) Gets a Buy Rating from Barrington


In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Zovio Inc (ZVO), with a price target of $10.00. The company’s shares closed last Monday at $1.52, close to its 52-week low of $1.51.

According to TipRanks.com, Paris ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -5.4% and a 33.8% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.

Zovio Inc has an analyst consensus of Moderate Buy, with a price target consensus of $10.00.

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Based on Zovio Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $17.6 million. In comparison, last year the company had a net profit of $1.66 million.

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Zovio, Inc. provides postsecondary education services. Through Ashford University and University of the RockiesSM, it offers online programs such as contemporary college experience. Its services also include mobile and other learning platform for students.

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