Shares of Cambium Learning Group, Inc. (NASDAQ:ABCD) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1-year consensus price target of $15.50 for the company and are expecting that the company will post $0.13 earnings per share for the current quarter, according to Zacks. Zacks has also given Cambium Learning Group an industry rank of 169 out of 255 based on the ratings given to related companies.

ABCD has been the topic of several recent analyst reports. BidaskClub cut shares of Cambium Learning Group from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. Zacks Investment Research raised shares of Cambium Learning Group from a “sell” rating to a “hold” rating in a research report on Friday, June 15th.

In other Cambium Learning Group news, insider Paul Fonte sold 5,000 shares of Cambium Learning Group stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $13.22, for a total transaction of $66,100.00. Following the transaction, the insider now owns 5,000 shares of the company’s stock, valued at approximately $66,100. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 71.00% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of the company. Northern Trust Corp increased its stake in shares of Cambium Learning Group by 4.4% during the 2nd quarter. Northern Trust Corp now owns 154,877 shares of the company’s stock worth $1,727,000 after purchasing an additional 6,571 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Cambium Learning Group by 24.0% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 38,350 shares of the company’s stock worth $428,000 after purchasing an additional 7,425 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Cambium Learning Group by 53.3% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 27,600 shares of the company’s stock worth $310,000 after purchasing an additional 9,600 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of Cambium Learning Group during the 1st quarter worth approximately $117,000. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Cambium Learning Group by 397.8% during the 1st quarter. The Manufacturers Life Insurance Company now owns 13,888 shares of the company’s stock worth $156,000 after purchasing an additional 11,098 shares during the last quarter. Institutional investors own 21.94% of the company’s stock.

Cambium Learning Group stock opened at $12.07 on Wednesday. Cambium Learning Group has a 52 week low of $5.19 and a 52 week high of $13.98. The company has a current ratio of 0.32, a quick ratio of 0.31 and a debt-to-equity ratio of -5.94. The company has a market cap of $559.53 million, a price-to-earnings ratio of 28.07 and a beta of -0.70.

Cambium Learning Group (NASDAQ:ABCD) last posted its earnings results on Monday, August 13th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01). Cambium Learning Group had a negative return on equity of 70.40% and a net margin of 27.45%. The firm had revenue of $41.00 million for the quarter, compared to the consensus estimate of $39.97 million.

About Cambium Learning Group

Cambium Learning Group, Inc provides educational technology solutions in the United States and internationally. It operates in three segments: Learning A-Z, ExploreLearning, and Voyager Sopris Learning. The Learning A-Z segment offers PreK-6 technology-enabled learning resources. It operates subscription-based Websites, including Reading A-Z, Raz-Kids, Headsprout, Science A-Z, Writing A-Z, Vocabulary A-Z, and ReadyTest A-Z that provide online supplemental books, lessons, assessments, and other instructional resources for individual classrooms, schools, and districts.

Further Reading: How to Profit and Limit Losses With Stop Orders

Get a free copy of the Zacks research report on Cambium Learning Group (ABCD)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Cambium Learning Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambium Learning Group and related companies with MarketBeat.com's FREE daily email newsletter.