Strayer Education Given Consensus Rating of “Hold” by Brokerages (NASDAQ:STRA)
Shares of Strayer Education (NASDAQ:STRA) have earned a consensus rating of “Hold” from the nine analysts that are currently covering the company, AnalystRatingsNetwork.com reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $53.20.
A number of research firms have recently commented on STRA. Analysts at Deutsche Bank raised their price target on shares of Strayer Education from $50.00 to $52.00 in a research note on Friday. Separately, 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. Finally, 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.
Shares of Strayer Education (NASDAQ:STRA) opened at 57.12 on Friday. 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 $52.25 and its 200-day moving average is $47.57. The company has a market cap of $603.8 million and a price-to-earnings ratio of 46.70.
Strayer Education (NASDAQ:STRA) last released its earnings data on Thursday, July 31st. The company reported $1.29 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $1.42 earnings per share. Strayer Education’s revenue was down 14.6% compared to the same quarter last year. Analysts expect that Strayer Education will post $3.94 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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