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NYSE:LRN

Stride (LRN) Stock Price, News & Analysis

Stride logo
$105.21 -0.87 (-0.82%)
(As of 12/20/2024 05:31 PM ET)

About Stride Stock (NYSE:LRN)

Key Stats

Today's Range
$104.00
$106.23
50-Day Range
$64.04
$110.80
52-Week Range
$54.81
$112.80
Volume
691,293 shs
Average Volume
826,059 shs
Market Capitalization
$4.59 billion
P/E Ratio
19.13
Dividend Yield
N/A
Price Target
$97.50
Consensus Rating
Moderate Buy

Company Overview

Stride, Inc., a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; software and services to schools and school districts; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and operates tuition-based private schools. In addition, the company offers focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. It serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was incorporated in 1999 and is headquartered in Reston, Virginia.

Stride Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

LRN MarketRank™: 

Stride scored higher than 54% of companies evaluated by MarketBeat, and ranked 184th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Stride has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Stride has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Stride's stock forecast and price target.
  • Earnings Growth

    Earnings for Stride are expected to grow by 12.46% in the coming year, from $6.66 to $7.49 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Stride is 19.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.15.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Stride is 19.13, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

  • Price to Earnings Growth Ratio

    Stride has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Stride has a P/B Ratio of 3.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    13.18% of the float of Stride has been sold short.
  • Short Interest Ratio / Days to Cover

    Stride has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

  • Dividend Yield

    Stride does not currently pay a dividend.

  • Dividend Growth

    Stride does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    13.18% of the float of Stride has been sold short.
  • Short Interest Ratio / Days to Cover

    Stride has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

  • News Sentiment

    Stride has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Stride this week, compared to 10 articles on an average week.
  • Search Interest

    Only 18 people have searched for LRN on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added Stride to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Stride insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $734,883.00 in company stock.

  • Percentage Held by Insiders

    Only 3.00% of the stock of Stride is held by insiders.

  • Percentage Held by Institutions

    98.24% of the stock of Stride is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Stride's insider trading history.
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LRN Stock News Headlines

Stuttgart, Germany - 07-08-2024: Mobile phone with webpage of US online education company Stride Inc. in front of business logo. Focus on top-left of phone display. — Stock Editorial Photography
4 Stocks That Crushed Analyst Estimates by More Than Double (LRN)
Hims & Hers, Alcoa, Vicor, and Stride crushed earnings with massive EPS beats. See what’s driving their growth and future potential.
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Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.
Stride: Industry Winds Are Changing, Uncertainties Abound
Stride price target raised to $109 from $94 at Morgan Stanley
Morgan Stanley Sticks to Its Hold Rating for Stride (LRN)
See More Headlines

LRN Stock Analysis - Frequently Asked Questions

Stride's stock was trading at $59.37 at the beginning of 2024. Since then, LRN stock has increased by 77.2% and is now trading at $105.21.
View the best growth stocks for 2024 here
.

Stride, Inc. (NYSE:LRN) issued its quarterly earnings data on Tuesday, October, 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.72. The company's revenue for the quarter was up 14.8% compared to the same quarter last year.

Stride's top institutional shareholders include Janus Henderson Group PLC (2.69%), Geode Capital Management LLC (2.21%), Vaughan Nelson Investment Management L.P. (2.13%) and Rice Hall James & Associates LLC (1.92%). Insiders that own company stock include James Jeaho Rhyu, Nathaniel A Davis, Todd Goldthwaite, Les Ottolenghi, Vincent Mathis, Robert Cohen and Eliza Mcfadden.
View institutional ownership trends
.

Shares of LRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Stride investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), e.l.f. Beauty (ELF) and ServiceNow (NOW).

Company Calendar

Last Earnings
10/22/2024
Today
12/21/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
Education Services
CUSIP
48273U10
Employees
7,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$97.50
High Stock Price Target
$109.00
Low Stock Price Target
$88.00
Potential Upside/Downside
-7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$204.18 million
Pretax Margin
14.92%

Debt

Sales & Book Value

Annual Sales
$2.11 billion
Cash Flow
$7.23 per share
Book Value
$27.19 per share

Miscellaneous

Free Float
42,285,000
Market Cap
$4.59 billion
Optionable
Optionable
Beta
0.30

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This page (NYSE:LRN) was last updated on 12/21/2024 by MarketBeat.com Staff
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