Strayer Education, Inc. (STRA) Receives Average Rating of “Hold” from Brokerages
Shares of Strayer Education, Inc. (NASDAQ:STRA) have been given an average rating of “Hold” by the seven analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $83.75.
A number of equities analysts recently issued reports on the company. BMO Capital Markets restated a “buy” rating and set a $100.00 price objective on shares of Strayer Education in a report on Thursday, July 20th. Piper Jaffray Companies restated a “hold” rating on shares of Strayer Education in a report on Friday, July 21st. Zacks Investment Research upgraded Strayer Education from a “sell” rating to a “hold” rating in a report on Monday, July 17th. First Analysis boosted their price objective on Strayer Education from $76.00 to $95.00 and gave the company an “equal weight” rating in a report on Monday, May 15th. Finally, BidaskClub cut Strayer Education from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th.
Shares of Strayer Education (NASDAQ:STRA) traded down 0.13% during trading on Friday, hitting $78.69. The company had a trading volume of 32,624 shares. The company has a market capitalization of $842.06 million, a P/E ratio of 24.45 and a beta of 0.92. The stock’s 50-day moving average price is $80.42 and its 200 day moving average price is $84.45. Strayer Education has a 52 week low of $44.63 and a 52 week high of $95.74.
Strayer Education (NASDAQ:STRA) last posted its quarterly earnings data on Wednesday, July 26th. The health services provider reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.05. Strayer Education had a return on equity of 17.65% and a net margin of 7.90%. The company had revenue of $112.70 million during the quarter, compared to analysts’ expectations of $113.68 million. During the same quarter in the previous year, the business earned $0.72 EPS. Strayer Education’s revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts forecast that Strayer Education will post $3.33 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Tuesday, September 5th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Friday, September 1st. Strayer Education’s dividend payout ratio is 31.15%.
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Several hedge funds have recently modified their holdings of the business. BlackRock Inc. lifted its holdings in shares of Strayer Education by 64,392.9% in the 1st quarter. BlackRock Inc. now owns 1,298,888 shares of the health services provider’s stock worth $104,548,000 after buying an additional 1,296,874 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Strayer Education by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 1,143,120 shares of the health services provider’s stock worth $106,562,000 after buying an additional 35,328 shares during the period. Capital World Investors lifted its holdings in shares of Strayer Education by 0.4% in the 2nd quarter. Capital World Investors now owns 724,200 shares of the health services provider’s stock worth $67,510,000 after buying an additional 3,095 shares during the period. FMR LLC lifted its holdings in shares of Strayer Education by 3.3% in the 2nd quarter. FMR LLC now owns 527,600 shares of the health services provider’s stock worth $49,183,000 after buying an additional 16,693 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Strayer Education by 0.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 441,117 shares of the health services provider’s stock worth $41,121,000 after buying an additional 2,295 shares during the period. Institutional investors and hedge funds own 93.04% of the company’s stock.
About Strayer Education
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education and other academic programs, through its subsidiaries, Strayer University (the University) and New York Code and Design Academy (NYCDA). As of December 31, 2016, the University offered undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration and criminal justice at 74 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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