UP!

EPAX $2.89

EPAX target price
2.89
0
0
Ambassadors Group, Inc.
Type
Public
Traded as NASDAQ: EPAX
Industry Educational travel
Founded Spokane, Washington (1967)
Headquarters Spokane, Washington
Revenue IncreaseUS$98.6 million (FY 2009)
Operating income
IncreaseUS$32.2 million (FY 2009)
Net income
IncreaseUS$20.3 million (FY 2009)
Total assets IncreaseUS$128 million (FY 2009)
Total equity IncreaseUS$91.0 million (FY 2009)
Subsidiaries BookRags
Website www.ambassadorsgroup.com
BookRags
BookRags logo.png
BookRags screenshot.png
Type of site
Internet Study guide and Lesson plan
Available in English
Owner Gradesaver LLC
Founder(s) James Yagmin and David Lieberman
Website BookRags.com
Alexa rank Positive decrease 49,203 (April 2014)
Commercial Yes
Registration Yes
Current status Active

Ambassadors Group, Inc. is a defunct publicly traded educational travel company based in Spokane, Washington. It was originally an operating division of Ambassadors International, Inc., but was divested into a separate corporation in 2002 to form the company under its current name. The CEO is Jeffrey Thomas, whose 2009 compensation totaled over $1.7 million.

This for-profit company has a close business relationship with People to People Student Ambassador Program and several other related cultural exchange groups involving students from several countries.

According to the company's end of year filings, in 2008 and 2009, Ambassadors Group served 41,929 and 34,248 travelers, respectively. In 2010, the company estimated that it would serve 26,674 participants (a net decrease of 22%.)

Travelers (thousands) :

BookRags is an educational website that provides summaries, study guides, and lesson plans on literary works. Based in Chicago, Illinois, United States, the website is a subsidiary of Gradesaver LLC. BookRags was founded in 1999 by James Yagmin and David Lieberman, who had recently graduated from college. On May 15, 2008, BookRags was bought by Ambassadors Group for $18 million. The merger was a friendly takeover.

BookRags contains concise book summaries and thorough analysis of more than 6,000 literary works, which is, according to one source, the largest collection online. It also has a list of characters and their descriptions, as well as an important quotes section. The website has over 10,000 e-Books in its collection and 8,400 biographies in its database. It facilitates students purchasing duplicates of fellow students' papers.

The information on BookRags is written by professional writers and teachers. Though study guides for 157 of the most commonly taught titles, like Hamlet and To Kill a Mockingbird, are free to access, most require either an ongoing subscription or a single one-time purchase.

In a 2010 interview with The New York Times, Carl Fisher, the department chair of the comparative world literature and classics at California State University, Long Beach, criticized BookRags for being "simplistic" and "forc[ing] people to pay up front".

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2010-10-08 Downgrade DA Davidson Buy to Neutral
2009-03-23 Downgrade DA Davidson Buy to Neutral
2009-01-08 Downgrade DA Davidson Buy to Neutral
2008-03-05 Initiated McAdams,Wright,Ragen Buy $25
2007-11-02 Upgrade DA Davidson Neutral to Buy $25
2007-02-22 Initiated Dougherty & Company Buy $38
2010-10-08 Downgrade DA Davidson Buy to Neutral
2009-03-23 Downgrade DA Davidson Buy to Neutral
2009-01-08 Downgrade DA Davidson Buy to Neutral
2008-03-05 Initiated McAdams,Wright,Ragen Buy $25
2007-11-02 Upgrade DA Davidson Neutral to Buy $25

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In EPAX 0 funds of 2213 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks
Bandera Partners LLC 17.91%  (3051697) DAVE / EPAX / LUB / PRLS / SGU / TLF /
MILLER LLOYD I III 7.69%  (1310118) ATGN / BEBE / CAPS / CCUR / CNTY / COSI / EPAX / IDSY / IMI / ITI / LOV / LTRE / MRVC / ONVI / PRSS / QBAK / SLTC / STMP / TWMC / USU /
Lane Five Capital Management, LP 7.01%  (1194959) EPAX /
UEBERROTH JOHN A 3.81%  (649500) EPAX /
LIVINGSTON PHILIP B CEO 2.29%  (390595) EPAX / TTS /
THOMAS JEFFREY D President and CEO 2.25%  (383017) EPAX / SCIL /
THOMAS MARGARET M Executive Vice President 2.25%  (383017) EPAX /
KAMIN PETER H 1.51%  (257361) EPAX / MAMS / TTS /
UEBERROTH JOSEPH 0.62%  (105931) EPAX /
DOMBROWIK ANTHONY F Sr VP, CFO, Secretary 0.30%  (51244) EPAX /
Netz Lisa N VP of Finance 0.22%  (37624) EPAX /
Gramm Jefferson 0.19%  (32890) EPAX / RBCN / TLF /
Rapuano Lisa O'Dell 0.14%  (23704) EPAX /
KALUSTIAN JAMES M 0.13%  (22532) EPAX /
VALENCIA RICARDO 0.08%  (13745) EPAX /
BYRNE DANIEL G 0.08%  (12868) EPAX /
WHILDEN RICHARD DC 0.07%  (12660) EPAX /
Gravelle Kristi J. VP Finance and Accounting 0.06%  (10008) EPAX /
Merchant Nilofer 0.05%  (7740) EPAX /
Dulsky Debra 0.04%  (6837) EPAX /
Walsh Timothy Martin 0.03%  (5724) EPAX /
JOHNSON RAFER L 0.03%  (5691) EPAX /
Rusin Thomas J. 0.03%  (4779) EPAX /
BREN BRIGITTE M 0.03%  (4441) EPAX /