Strayer Education Stock Rating Upgraded by Deutsche Bank (STRA)
Strayer Education (NASDAQ:STRA) was upgraded by investment analysts at Deutsche Bank from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on STRA. Analysts at Zacks reiterated an “outperform” rating on shares of Strayer Education in a research note on Friday, June 27th. They now have a $64.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of Strayer Education from a “sell” rating to a “hold” rating in a research note on Friday, May 9th. Finally, analysts at Morgan Stanley raised their price target on shares of Strayer Education from $34.00 to $37.00 in a research note on Friday, May 9th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Strayer Education currently has a consensus rating of “Hold” and an average price target of $50.50.
Strayer Education (NASDAQ:STRA) traded up 4.03% on Tuesday, hitting $49.62. 73,521 shares of the company’s stock traded hands. Strayer Education has a one year low of $33.51 and a one year high of $59.99. The stock’s 50-day moving average is $52.59 and its 200-day moving average is $47.08. The company has a market cap of $523.8 million and a price-to-earnings ratio of 35.89.
Strayer Education (NASDAQ:STRA) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $1.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.31 by $0.09. The company had revenue of $116.50 million for the quarter, compared to the consensus estimate of $117.09 million. During the same quarter in the prior year, the company posted $1.59 earnings per share. The company’s quarterly revenue was down 15.3% on a year-over-year basis. Analysts expect that Strayer Education will post $3.83 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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