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K12 (NYSE:LRN)‘s stock had its “market perform” rating reaffirmed by BMO Capital Markets in a research note issued on Friday. They currently have a $20.00 target price on the stock. BMO Capital Markets’ target price indicates a potential upside of 2.99% from the stock’s previous close.

Shares of K12 (NYSE:LRN) traded up 1.18% during mid-day trading on Friday, hitting $19.65. The stock had a trading volume of 1,059,165 shares. K12 has a 52-week low of $17.15 and a 52-week high of $38.14. The stock has a 50-day moving average of $22.66 and a 200-day moving average of $22.61. The company has a market cap of $762.1 million and a P/E ratio of 79.92.

K12 (NYSE:LRN) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.11. The company had revenue of $232.00 million for the quarter, compared to the consensus estimate of $221.04 million. On average, analysts predict that K12 will post $1.02 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on LRN. Analysts at Wells Fargo & Co. downgraded shares of K12 from an “outperform” rating to a “market perform” rating in a research note on Friday. Analysts at Stifel Nicolaus downgraded shares of K12 from a “buy” rating to a “hold” rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $31.00.

K12 Inc (NYSE:LRN) is a technology-based education company.

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