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Stride (LRN)
NYSE:LRN
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LRN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.77 - $88.02
Previous Close$78.28
Volume878.08K
Average Volume (3M)701.49K
Market Cap
$3.39B
Enterprise Value$3.22B
Total Cash (Recent Filing)$692.29M
Total Debt (Recent Filing)$528.21M
Price to Earnings (P/E)16.8
Beta0.33
Next Earnings
Oct 22, 2024EPS Estimate
$0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.67
Shares Outstanding43,278,384
10 Day Avg. Volume687,168
30 Day Avg. Volume701,490
Standard Deviation0.15
R-Squared0.00850
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)2.88
Price to Sales (P/S)1.70
Price to Cash Flow (P/CF)5.00
P/FCF Ratio5.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.58
Enterprise Value/Gross Profit4.22
Enterprise Value/Ebitda8.24
Forecast
1Y Price Target
$86.00Price Target Upside11.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Stride News
Bulls Say, Bears Say
Bulls Say
Enrollment GrowthTotal enrollment increased 9.8% to 193,400, driven by enrollment growth in both its General Education and Career Learning programs.
Financial PerformanceStride, Inc. reported financial results of its fourth quarter and fiscal year that topped expectations and the stock rallied nearly 10% on very strong volume.
Market PositionThe stock is trading at a big discount to its Ed Tech peers, which have a similar revenue growth rate and margin profile.
Bears Say
Growth ConcernsCareer Learning growth slows with middle-high school revenues rising only 6.7%, marking the slowest growth since this data has been tracked.
Market WeaknessA significant decline of 36.6% in Adult Learning revenue, driven by persistent weakness in the IT bootcamp market, suggests ongoing issues.
Revenue ChallengesThe expectation for company-wide revenue per enrollment to remain flat due to funding pressures highlights potential financial challenges.
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Ownership Overview
2.95% Insiders
37.16% Mutual Funds
0.08% Other Institutional Investors
33.31% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LRN FAQ
What was Stride’s price range in the past 12 months?
Stride lowest stock price was $43.77 and its highest was $88.02 in the past 12 months.
What is Stride’s market cap?
Currently, no data Available
When is Stride’s upcoming earnings report date?
Stride’s upcoming earnings report date is Oct 22, 2024 which is in 13 days.
How were Stride’s earnings last quarter?
Stride released its earnings results on Aug 06, 2024. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.271 by $0.149.
Is Stride overvalued?
According to Wall Street analysts Stride’s price is currently Undervalued.
Does Stride pay dividends?
Stride does not currently pay dividends.
What is Stride’s EPS estimate?
Stride’s EPS estimate is $0.22.
How many shares outstanding does Stride have?
Stride has 43,278,385 shares outstanding.
What happened to Stride’s price movement after its last earnings report?
Stride reported an EPS of $1.42 in its last earnings report, beating expectations of $1.271. Following the earnings report the stock price went up 9.255%.
Which hedge fund is a major shareholder of Stride?
Among the largest hedge funds holding Stride’s share is Driehaus Capital Management LLC. It holds Stride’s shares valued at 29M.
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Stride Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$86.00 (11.66% Upside)
$86.00 (11.66% Upside)
Blogger Sentiment
Bullish
LRN Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 77.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
73.56%
12-Months-Change
Fundamentals
Return on Equity
19.23%
Trailing 12-Months
Asset Growth
9.08%
Trailing 12-Months
Company Description
Stride
K12, Inc. is a technology-based educational company, which offers proprietary and third party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name. The company was founded by Ronald J. Packard in 1999 and is headquartered in Herndon, VA.
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LRN Company Deck
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LRN Earnings Call
Q4 2024
0:00 / 0:00
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LRN Stock 12 Month Forecast
Average Price Target
$86.00
▲(11.66% Upside)
Technical Analysis
Best Analysts Covering LRN
1 Year
1 Year Success Rate
22/24 ratings generated profit
1 Year Average Return
+29.60%
reiterated a buy rating 19 days ago
Copying Alexander Paris's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +29.60% per trade.
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