Strategic Education (NASDAQ:STRA – Get Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports. Zacks Research also issued estimates for Strategic Education’s Q2 2027 earnings at $2.03 EPS.
A number of other analysts have also issued reports on STRA. Weiss Ratings reissued a “hold (c)” rating on shares of Strategic Education in a research report on Tuesday, April 21st. Barrington Research cut their target price on Strategic Education from $105.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Wall Street Zen raised Strategic Education from a “hold” rating to a “buy” rating in a research report on Sunday. BMO Capital Markets cut their target price on Strategic Education from $95.00 to $86.00 and set an “outperform” rating on the stock in a research report on Monday, April 27th. Finally, Truist Financial cut their target price on Strategic Education from $85.00 to $80.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $87.00.
Check Out Our Latest Stock Report on STRA
Strategic Education Stock Down 0.1%
Strategic Education (NASDAQ:STRA – Get Free Report) last announced its earnings results on Thursday, April 23rd. The health services provider reported $1.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.09). The firm had revenue of $305.93 million during the quarter, compared to analysts’ expectations of $329.81 million. Strategic Education had a net margin of 10.21% and a return on equity of 8.78%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.30 EPS. Analysts anticipate that Strategic Education will post 7.2 EPS for the current fiscal year.
Insiders Place Their Bets
In other Strategic Education news, Director Michael Thawley purchased 665 shares of the company’s stock in a transaction on Friday, April 24th. The stock was acquired at an average price of $72.71 per share, for a total transaction of $48,352.15. Following the completion of the purchase, the director directly owned 12,154 shares in the company, valued at approximately $883,717.34. The trade was a 5.79% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Robert S. Silberman purchased 718 shares of the company’s stock in a transaction on Friday, March 13th. The stock was acquired at an average price of $80.82 per share, with a total value of $58,028.76. Following the purchase, the chairman owned 319,870 shares of the company’s stock, valued at approximately $25,851,893.40. This represents a 0.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 3.60% of the company’s stock.
Hedge Funds Weigh In On Strategic Education
Institutional investors have recently modified their holdings of the business. Allworth Financial LP grew its stake in shares of Strategic Education by 88.5% in the third quarter. Allworth Financial LP now owns 294 shares of the health services provider’s stock worth $25,000 after acquiring an additional 138 shares in the last quarter. Axiom Investment Management LLC acquired a new position in shares of Strategic Education in the first quarter worth $25,000. Hantz Financial Services Inc. grew its stake in shares of Strategic Education by 154.2% in the fourth quarter. Hantz Financial Services Inc. now owns 333 shares of the health services provider’s stock worth $27,000 after acquiring an additional 202 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Strategic Education by 85.2% during the second quarter. Osaic Holdings Inc. now owns 387 shares of the health services provider’s stock worth $33,000 after purchasing an additional 178 shares in the last quarter. Finally, Sankala Group LLC acquired a new position in shares of Strategic Education during the fourth quarter worth $37,000. Institutional investors and hedge funds own 93.27% of the company’s stock.
Strategic Education Company Profile
Strategic Education, Inc is a publicly traded higher education services holding company headquartered in Herndon, Virginia. Through its primary operating subsidiaries, Strayer University and Capella University, the company delivers degree programs and professional development opportunities to working adults. Its offerings span undergraduate and graduate degrees, certificates, continuing education, and workforce training in fields such as business, technology, health services, education, and public administration.
Strayer University, with a network of physical campuses across the United States complemented by an online platform, provides associate’s through doctoral degrees designed to accommodate non-traditional students.
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