Strategic Education (NASDAQ:STRA) PT Raised to $145.00 at Truist Financial

Strategic Education (NASDAQ:STRA - Get Free Report) had its price target upped by stock analysts at Truist Financial from $125.00 to $145.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a "buy" rating on the health services provider's stock. Truist Financial's target price suggests a potential upside of 19.78% from the stock's previous close.

STRA has been the subject of a number of other research reports. Barrington Research lifted their price objective on shares of Strategic Education from $125.00 to $135.00 and gave the company an "outperform" rating in a research report on Thursday. BMO Capital Markets lifted their target price on shares of Strategic Education from $103.00 to $123.00 and gave the stock an "outperform" rating in a report on Friday, March 1st. StockNews.com downgraded shares of Strategic Education from a "buy" rating to a "hold" rating in a report on Tuesday, April 9th. Bank of America lifted their target price on shares of Strategic Education from $104.00 to $124.00 and gave the stock a "buy" rating in a report on Tuesday, March 5th. Finally, TheStreet raised shares of Strategic Education from a "c+" rating to a "b" rating in a report on Thursday, February 29th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.75.

Strategic Education Trading Up 3.4 %

Shares of NASDAQ STRA traded up $4.02 during midday trading on Friday, reaching $121.06. 303,436 shares of the stock were exchanged, compared to its average volume of 97,873. The business has a 50-day simple moving average of $101.37 and a two-hundred day simple moving average of $93.90. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 41.00, a P/E/G ratio of 1.20 and a beta of 0.50. Strategic Education has a 12 month low of $64.53 and a 12 month high of $121.29. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.57 and a quick ratio of 1.57.

Strategic Education (NASDAQ:STRA - Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The health services provider reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.51. Strategic Education had a net margin of 6.16% and a return on equity of 5.52%. The business had revenue of $290.25 million for the quarter, compared to analyst estimates of $274.02 million. As a group, equities research analysts expect that Strategic Education will post 4.61 EPS for the current year.

Insider Activity

In related news, CFO Daniel Wayne Jackson sold 3,713 shares of the company's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $95.95, for a total transaction of $356,262.35. Following the completion of the sale, the chief financial officer now directly owns 71,770 shares in the company, valued at approximately $6,886,331.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO Raymond Karl Mcdonnell sold 12,820 shares of the company's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $95.99, for a total transaction of $1,230,591.80. Following the completion of the transaction, the chief executive officer now owns 161,359 shares in the company, valued at $15,488,850.41. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Daniel Wayne Jackson sold 3,713 shares of the company's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $95.95, for a total transaction of $356,262.35. Following the sale, the chief financial officer now directly owns 71,770 shares in the company, valued at approximately $6,886,331.50. The disclosure for this sale can be found here. 3.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. purchased a new position in Strategic Education during the 4th quarter worth approximately $73,000. VisionPoint Advisory Group LLC increased its holdings in shares of Strategic Education by 27.8% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 1,084 shares of the health services provider's stock valued at $82,000 after purchasing an additional 236 shares in the last quarter. TFO Wealth Partners LLC increased its holdings in shares of Strategic Education by 118,000.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,181 shares of the health services provider's stock valued at $109,000 after purchasing an additional 1,180 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Strategic Education during the 3rd quarter valued at approximately $234,000. Finally, Everence Capital Management Inc. purchased a new position in shares of Strategic Education during the 4th quarter valued at approximately $236,000. 93.27% of the stock is currently owned by institutional investors.

Strategic Education Company Profile

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.