$5.74 -0.01 (-0.17%)
2/10/2012 3:33 PM

Learning Tree International, Inc. (NASDAQ:LTRE)

CAPS Rating: 4 out of 5

The Company is a provider of training and education to managers and information technology professionals working in business and government organizations.

Recs

1
Player Avatar SAInvestorsClub (79.18) Submitted: 5/17/2007 3:41:01 PM : Outperform Start Price: $9.83 LTRE Score: -35.77

They provide independent training (historically tech focused) but they are making more of a push into managerial training. This $200 million company (mkt cap) essentially is operating at break even today, with no debt and $72 million in cash. During the tech bubble they expanded aggressively and overbuilt capacity. With mostly fixed costs there are two ways to move the needle. One increase occupancy (better marketing and course selection). Two decrease costs (eliminate expensive or unnecessary leases). They are doing both and shareholders are being rewarded. I expect more to come in the next 4 quarters. This is a strong outperform over the next 12 months.

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