Barrington Research Reiterates "Outperform" Rating for Strategic Education (NASDAQ:STRA)

Strategic Education (NASDAQ:STRA - Get Free Report)'s stock had its "outperform" rating reissued by analysts at Barrington Research in a research note issued on Thursday,Benzinga reports. They presently have a $135.00 target price on the health services provider's stock. Barrington Research's price target suggests a potential upside of 39.94% from the stock's current price.

Several other brokerages also recently commented on STRA. BMO Capital Markets dropped their price target on Strategic Education from $130.00 to $125.00 and set an "outperform" rating on the stock in a research report on Thursday, August 1st. Truist Financial decreased their price objective on Strategic Education from $145.00 to $120.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. Finally, StockNews.com lowered Strategic Education from a "buy" rating to a "hold" rating in a research report on Saturday, October 5th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Strategic Education has an average rating of "Moderate Buy" and an average target price of $126.00.

Strategic Education Stock Up 0.1 %

NASDAQ:STRA traded up $0.05 during trading hours on Thursday, hitting $96.47. 156,578 shares of the stock traded hands, compared to its average volume of 128,700. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 1.24 and a beta of 0.57. The firm has a 50 day moving average price of $90.63 and a 200 day moving average price of $103.11. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. Strategic Education has a fifty-two week low of $85.11 and a fifty-two week high of $123.62.

Hedge Funds Weigh In On Strategic Education

Institutional investors and hedge funds have recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new stake in shares of Strategic Education during the 2nd quarter valued at about $36,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Strategic Education in the 2nd quarter worth about $36,000. CWM LLC increased its holdings in shares of Strategic Education by 2,650.0% in the 2nd quarter. CWM LLC now owns 330 shares of the health services provider's stock worth $37,000 after purchasing an additional 318 shares in the last quarter. Rothschild Investment LLC bought a new position in Strategic Education during the 2nd quarter valued at about $38,000. Finally, Innealta Capital LLC purchased a new stake in shares of Strategic Education during the 2nd quarter valued at about $38,000. 93.27% of the stock is owned by institutional investors.

About Strategic Education

Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through U.S. Higher Education, Australia/New Zealand, and Education Technology Services segments. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, education, health services, information technology, and public administration at physical campuses located in the eastern United States, as well as through online; non-degree web and mobile application development courses through Hackbright Academy and Devmountain; and MBA online through its Jack Welch Management Institute.

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