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ITT Educational Services Inc (NYSE:ESI)
3-Year Average Buyback Ratio
0.10 (As of Dec. 2015)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

ESI' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -0.3   Max: 14.2
Current: 0.1

-0.3
14.2

During the past 13 years, ITT Educational Services Inc's highest 3-Year Average Share Buyback Ratio was 14.20. The lowest was -0.30. And the median was 4.00.

ESI's 3-Year Average Buyback Ratio is ranked higher than
62% of the 87 Companies
in the Global Education & Training Services industry.

( Industry Median: -1.40 vs. ESI: 0.10 )

Definition

This is the average share buyback rate of the company over the past 3 years.


Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Related Terms

Net Income

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