Strayer Education (STRA) Posts Quarterly Results
Strayer Education (NASDAQ:STRA) issued its quarterly earnings data on Wednesday. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.09, Analyst Ratings Network reports. The company had revenue of $116.50 million for the quarter, compared to the consensus estimate of $117.09 million.
Strayer Education (NASDAQ:STRA) opened at 42.85 on Wednesday. Strayer Education has a 52-week low of $33.51 and a 52-week high of $58.55. The stock’s 50-day moving average is $44.43 and its 200-day moving average is $40.48. The company has a market cap of $450.3 million and a price-to-earnings ratio of 27.51.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “underweight” rating on shares of Strayer Education in a research note on Friday, April 11th. They now have a $34.00 price target on the stock, up previously from $31.00. On the ratings front, analysts at Zacks upgraded shares of Strayer Education from a “neutral” rating to an “outperform” rating in a research note on Friday, April 4th. They now have a $55.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Strayer Education in a research note on Wednesday, February 26th. They now have a $52.00 price target on the stock. Four analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. Strayer Education has a consensus rating of “Hold” and a consensus price target of $42.25.
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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