$1.28 EPS Expected for Strayer Education Inc (STRA) This Quarter

Wall Street analysts expect that Strayer Education Inc (NASDAQ:STRA) will announce earnings of $1.28 per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Strayer Education’s earnings. The lowest EPS estimate is $1.27 and the highest is $1.29. Strayer Education posted earnings per share of $0.95 during the same quarter last year, which would indicate a positive year over year growth rate of 34.7%. The business is scheduled to report its next earnings results on Thursday, February 15th.

According to Zacks, analysts expect that Strayer Education will report full-year earnings of $3.35 per share for the current financial year, with EPS estimates ranging from $3.32 to $3.37. For the next financial year, analysts expect that the firm will post earnings of $3.96 per share, with EPS estimates ranging from $3.88 to $4.03. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Strayer Education.

Strayer Education (NASDAQ:STRA) last posted its earnings results on Monday, October 30th. The health services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). The firm had revenue of $108.50 million during the quarter, compared to analysts’ expectations of $107.54 million. Strayer Education had a return on equity of 17.27% and a net margin of 8.52%. Strayer Education’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.25 earnings per share.

Several brokerages have weighed in on STRA. BidaskClub cut Strayer Education from a “hold” rating to a “sell” rating in a research note on Friday. Zacks Investment Research raised Strayer Education from a “hold” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Friday, January 5th. Piper Jaffray Companies reissued a “hold” rating and set a $96.00 price objective on shares of Strayer Education in a research note on Monday, December 4th. ValuEngine cut Strayer Education from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, BMO Capital Markets reissued an “outperform” rating and set a $118.00 price objective (up from $99.00) on shares of Strayer Education in a research note on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $102.25.

Shares of Strayer Education (NASDAQ:STRA) opened at $93.08 on Friday. Strayer Education has a 52 week low of $71.31 and a 52 week high of $100.72. The firm has a market capitalization of $1,050.00, a P/E ratio of 26.59 and a beta of 0.90.

A number of hedge funds and other institutional investors have recently modified their holdings of STRA. Legal & General Group Plc increased its stake in Strayer Education by 13.7% during the second quarter. Legal & General Group Plc now owns 20,882 shares of the health services provider’s stock worth $1,947,000 after acquiring an additional 2,510 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Strayer Education by 15.1% during the second quarter. Victory Capital Management Inc. now owns 1,680 shares of the health services provider’s stock valued at $157,000 after buying an additional 221 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Strayer Education by 0.7% during the second quarter. Principal Financial Group Inc. now owns 79,948 shares of the health services provider’s stock valued at $7,453,000 after buying an additional 534 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Strayer Education by 14.0% during the second quarter. Wells Fargo & Company MN now owns 9,639 shares of the health services provider’s stock valued at $898,000 after buying an additional 1,186 shares during the last quarter. Finally, Teachers Advisors LLC grew its stake in shares of Strayer Education by 4.4% during the second quarter. Teachers Advisors LLC now owns 19,186 shares of the health services provider’s stock valued at $1,789,000 after buying an additional 812 shares during the last quarter. 93.73% of the stock is currently owned by institutional investors.

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Strayer Education Company Profile

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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