Strayer Education (STRA) Scheduled to Post Earnings on Thursday
Strayer Education (NASDAQ:STRA) is scheduled to post its quarterly earnings results on Thursday, July 31st. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Strayer Education (NASDAQ:STRA) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $1.59 earnings per share. The company’s revenue for the quarter was down 15.3% on a year-over-year basis. On average, analysts expect Strayer Education to post $3.83 EPS for the current fiscal year and $2.87 EPS for the next fiscal year.
Strayer Education (NASDAQ:STRA) opened at 51.11 on Wednesday. Strayer Education has a 52 week low of $33.51 and a 52 week high of $59.99. The stock has a 50-day moving average of $52.44 and a 200-day moving average of $47.17. The company has a market cap of $539.5 million and a price-to-earnings ratio of 35.89.
A number of research firms have recently commented on STRA. Analysts at Deutsche Bank upgraded shares of Strayer Education from a “sell” rating to a “hold” rating in a research note on Tuesday. They now have a $50.00 price target on the stock, up previously from $40.00. On a related note, 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. Finally, analysts at TheStreet upgraded shares of Strayer Education from a “sell” rating to a “hold” rating in a research note on Friday, May 9th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $50.33.
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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