Strayer Education Given Average Rating of “Hold” by Analysts (NASDAQ:STRA)
Shares of Strayer Education (NASDAQ:STRA) have earned an average recommendation of “Hold” from the nine brokerages that are currently covering the company, Analyst Ratings Network reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $52.80.
A number of research firms have recently commented on STRA. Analysts at Piper Jaffray upgraded shares of Strayer Education from an “underweight” rating to a “neutral” rating in a research note on Friday. They now have a $53.00 price target on the stock, up previously from $47.00. Separately, analysts at BMO Capital Markets upgraded shares of Strayer Education from a “market perform” rating to an “outperform” rating in a research note on Friday. They now have a $60.00 price target on the stock, up previously from $55.00. Finally, analysts at Wells Fargo & Co. upgraded shares of Strayer Education from a “market perform” rating to an “outperform” rating in a research note on Friday.
Strayer Education (NASDAQ:STRA) traded up 5.56% on Friday, hitting $54.70. The stock had a trading volume of 96,419 shares. Strayer Education has a 52-week low of $33.51 and a 52-week high of $59.99. The stock’s 50-day moving average is $52.2 and its 200-day moving average is $47.24. The company has a market cap of $577.4 million and a P/E ratio of 38.99.
Strayer Education (NASDAQ:STRA) last released its earnings data on Thursday, July 31st. The company reported $1.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.27 by $0.02. The company had revenue of $112.70 million for the quarter, compared to the consensus estimate of $114.81 million. During the same quarter in the prior year, the company posted $1.42 earnings per share. The company’s quarterly revenue was down 14.6% on a year-over-year basis. Analysts expect that Strayer Education will post $3.81 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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