Stride, Inc. (NYSE:LRN) Expected to Earn FY2025 Earnings of $5.05 Per Share

Stride, Inc. (NYSE:LRN) – Stock analysts at William Blair upped their FY2025 earnings per share estimates for Stride in a research note issued to investors on Wednesday, April 24th. William Blair analyst S. Sheldon now forecasts that the company will post earnings of $5.05 per share for the year, up from their previous forecast of $4.56. The consensus estimate for Stride’s current full-year earnings is $4.52 per share. William Blair also issued estimates for Stride’s FY2026 earnings at $5.51 EPS.

LRN has been the topic of several other reports. Citigroup lifted their price target on Stride from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Barrington Research reiterated an “outperform” rating and set a $75.00 price objective on shares of Stride in a research note on Wednesday. BMO Capital Markets lifted their price objective on Stride from $72.00 to $73.00 and gave the company an “outperform” rating in a research note on Thursday. StockNews.com cut Stride from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Wedbush reiterated an “outperform” rating on shares of Stride in a research note on Wednesday, January 24th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.

Stride Trading Up 1.1 %

NYSE LRN opened at $67.08 on Friday. The company has a quick ratio of 4.44, a current ratio of 4.29 and a debt-to-equity ratio of 0.40. Stride has a twelve month low of $35.61 and a twelve month high of $69.70. The firm has a market capitalization of $2.91 billion, a PE ratio of 15.73, a P/E/G ratio of 0.70 and a beta of 0.26. The stock’s 50 day moving average is $60.45 and its 200 day moving average is $58.34.

Stride (NYSE:LRN) last released its quarterly earnings results on Tuesday, April 23rd. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.13. Stride had a return on equity of 18.29% and a net margin of 9.29%. The company had revenue of $520.84 million for the quarter, compared to analyst estimates of $507.89 million. During the same period in the previous year, the company posted $1.30 earnings per share. The firm’s revenue was up 10.7% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of LRN. Ronald Blue Trust Inc. raised its stake in shares of Stride by 348.1% in the third quarter. Ronald Blue Trust Inc. now owns 578 shares of the company’s stock worth $26,000 after purchasing an additional 449 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Stride by 18.5% in the third quarter. SG Americas Securities LLC now owns 19,987 shares of the company’s stock worth $900,000 after purchasing an additional 3,119 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Stride by 126.3% in the third quarter. Exchange Traded Concepts LLC now owns 34,169 shares of the company’s stock worth $1,539,000 after purchasing an additional 19,068 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Stride in the third quarter worth $428,000. Finally, TD Asset Management Inc purchased a new position in shares of Stride in the third quarter worth $207,000. Hedge funds and other institutional investors own 98.24% of the company’s stock.

Stride Company Profile

Stride, Inc, a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally.