Barrington Research Forecasts Increased Earnings for Stride

Stride, Inc. (NYSE:LRN - Free Report) - Research analysts at Barrington Research increased their FY2025 earnings per share (EPS) estimates for shares of Stride in a research report issued to clients and investors on Wednesday, April 30th. Barrington Research analyst A. Paris now forecasts that the company will post earnings of $6.74 per share for the year, up from their prior estimate of $6.64. Barrington Research currently has a "Outperform" rating and a $170.00 price target on the stock. The consensus estimate for Stride's current full-year earnings is $6.67 per share.

Stride (NYSE:LRN - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $2.02 earnings per share for the quarter, missing analysts' consensus estimates of $2.09 by ($0.07). Stride had a return on equity of 22.42% and a net margin of 12.30%. The firm had revenue of $613.38 million for the quarter, compared to analyst estimates of $591.15 million. During the same period in the prior year, the business posted $1.60 EPS. The firm's quarterly revenue was up 17.8% compared to the same quarter last year.

A number of other research firms have also recently weighed in on LRN. William Blair reaffirmed an "outperform" rating on shares of Stride in a research note on Wednesday, April 30th. Canaccord Genuity Group increased their price target on Stride from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, April 28th. Finally, BMO Capital Markets restated an "outperform" rating on shares of Stride in a report on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $126.83.

Stride Price Performance

Shares of NYSE:LRN traded up $0.94 during trading on Friday, reaching $159.11. 225,552 shares of the company traded hands, compared to its average volume of 833,676. The company has a quick ratio of 5.93, a current ratio of 6.02 and a debt-to-equity ratio of 0.35. Stride has a 52 week low of $63.25 and a 52 week high of $162.30. The firm has a market capitalization of $6.92 billion, a PE ratio of 26.56, a PEG ratio of 1.04 and a beta of 0.36. The company's 50 day moving average is $132.71 and its two-hundred day moving average is $119.20.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Tidal Investments LLC grew its holdings in shares of Stride by 64.0% during the 3rd quarter. Tidal Investments LLC now owns 8,642 shares of the company's stock valued at $737,000 after purchasing an additional 3,374 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Stride by 14.3% in the third quarter. Franklin Resources Inc. now owns 27,816 shares of the company's stock valued at $2,373,000 after acquiring an additional 3,477 shares during the period. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Stride during the third quarter worth about $430,000. GAMMA Investing LLC grew its stake in shares of Stride by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 2,468 shares of the company's stock worth $256,000 after purchasing an additional 407 shares during the last quarter. Finally, Central Pacific Bank Trust Division lifted its position in shares of Stride by 26.5% in the 4th quarter. Central Pacific Bank Trust Division now owns 2,723 shares of the company's stock worth $283,000 after purchasing an additional 570 shares during the period. 98.24% of the stock is currently owned by institutional investors.

Stride Company Profile

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.