Strayer Education Inc. Sets New 1-Year Low at $38.16 (STRA)
Strayer Education (NASDAQ:STRA)’s share price reached a new 52-week low during mid-day trading on Thursday, Stock Ratings Network reports. The stock traded as low as $38.16 and last traded at $39.73, with a volume of 1,362,794 shares traded. The stock had previously closed at $49.26.
STRA has been the subject of a number of recent research reports. Analysts at McLean Capital Management upgraded shares of Strayer Education from a “neutral” rating to a “buy” rating in a research note to investors on Friday, October 25th. Analysts at Zacks reiterated a “neutral” rating on shares of Strayer Education in a research note to investors on Friday, August 23rd. They now have a $43.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $45.67.
Strayer Education has a 52-week low of $40.03 and a 52-week high of $71.23. The stock’s 50-day moving average is $42.53 and its 200-day moving average is $46.65. The company has a market cap of $406.4 million and a price-to-earnings ratio of 10.30.
Strayer Education (NASDAQ:STRA) last released its earnings data on Thursday, October 31st. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.26. The company had revenue of $110.00 million for the quarter, compared to the consensus estimate of $109.35 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was down 11.5% on a year-over-year basis. Analysts expect that Strayer Education will post $3.99 EPS for the current fiscal year.
Strayer Education, Inc provides post-secondary education services. The Company offers a range of academic programs through its wholly owned subsidiary Strayer University, Inc (NASDAQ:STRA), both in classroom courses and online via the Internet.
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