NYSE:LRN

Stride (LRN) Stock Forecast, Price & News

$41.54

-0.25 (-0.60%)

(As of 02:13 PM ET)

Compare

Today's Range: $41.48
▼
$41.99
50-Day Range: $37.79
▼
$42.96
52-Week Range: $30.66
▼
$47.35

Volume: 64,903 shs
Average Volume: 493,725 shs
Market Capitalization: $1.79 billion

P/E Ratio: 15.92
Dividend Yield: N/A
Price Target: $48.00

Stride MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 14.9% Upside
$48.00 Price Target
Short Interest: Bearish
10.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.34
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.57%
From $2.82 to $3.09 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Consumer Discretionary Sector

199th out of 267 stocks

Educational Services Industry

17th out of 21 stocks

2.3

Analyst's Opinion

Consensus Rating
Stride has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $48.00, Stride has a forecasted upside of 14.9% from its current price of $41.78.
Amount of Analyst Coverage
Stride has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
10.55% 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 9.8.
Change versus previous month
Short interest in Stride has recently increased by 8.84%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Stride does not currently pay a dividend.
Dividend Growth
Stride does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LRN.

1.9

News and Social Media Coverage

News Sentiment
Stride has a news sentiment score of 0.34. 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 lower news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Stride this week, compared to 5 articles on an average week.
Search Interest
Only 6 people have searched for LRN on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Stride to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stride insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.50% of the stock of Stride is held by insiders.
Percentage Held by Institutions
92.34% of the stock of Stride is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Stride are expected to grow by 9.57% in the coming year, from $2.82 to $3.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stride is 16.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stride is 16.01, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.65.
Price to Earnings Growth Ratio
Stride has a PEG Ratio of 0.75. 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 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Stride (NYSE:LRN) Stock

Stride, Inc. is a technology-based educational company, which engages in the provision of proprietary and third-party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name. The company was founded by Ronald J. Packard in 2000 and is headquartered in Reston, VA.

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LRN Stock News Headlines

May 9, 2023 | marketbeat.com

Will ChatGPT Be the Final Nail in the Coffin for Chegg? (LRN)

Personalized online student learning platform provider Chegg Inc. (NYSE: CHGG) shares were crushed as it warned that growing ChatGPT usage was hurting its b

June 7, 2023 | msn.com

UH's Sydni Townsend hitting her stride in 400 hurdles before NCAA track meet

June 8, 2023 | Edge On The Street (Ad)

New "Mined in America" Lithium Opportunities?

The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.

June 7, 2023 | msn.com

Bitcoin (Somewhat) Takes Binance Accusations in Stride

June 4, 2023 | finance.yahoo.com

Stride's (NYSE:LRN) 20% CAGR outpaced the company's earnings growth over the same five-year period

May 31, 2023 | uk.style.yahoo.com

Mel Stride: Covid inquiry will be given information ‘it is right for it to have’

May 31, 2023 | msn.com

Mel Stride says Covid inquiry will be given documents 'where appropriate'

May 30, 2023 | finance.yahoo.com

New MedCerts Partnership Expands University of Maryland Global Campus’s Healthcare Programming

June 8, 2023 | Edge On The Street (Ad)

New "Mined in America" Lithium Opportunities?

The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.

May 26, 2023 | fool.com

Stride (NYSE: LRN)

May 18, 2023 | msn.com

Stride: Rock Bottom Valuation And Insurance Against Macro

May 11, 2023 | msn.com

Africa: TotalEnergies U17 AFCON - We Learn and We Will Be Back Better, Says Remmane After Algeria's Exit

May 8, 2023 | finance.yahoo.com

K12 Celebrates Teachers with New "Be Kind 365" Campaign

April 30, 2023 | americanbankingnews.com

Q1 2024 Earnings Forecast for Stride, Inc. (NYSE:LRN) Issued By William Blair

April 30, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Stride, Inc. (NYSE:LRN) Increased by Analyst

April 29, 2023 | finance.yahoo.com

Stride (NYSE:LRN) Is Doing The Right Things To Multiply Its Share Price

April 29, 2023 | americanbankingnews.com

Q4 2023 EPS Estimates for Stride, Inc. Raised by Analyst (NYSE:LRN)

April 25, 2023 | finance.yahoo.com

Stride Posts Record Quarterly Revenue and Profitability

April 24, 2023 | americanbankingnews.com

Stride (LRN) Scheduled to Post Quarterly Earnings on Tuesday

April 18, 2023 | forbes.com

How New AI Tools Like ChatGPT Stand To Impact Marketers

April 16, 2023 | americanbankingnews.com

Stride (LRN) Scheduled to Post Quarterly Earnings on Monday

April 15, 2023 | markets.businessinsider.com

Barrington Keeps Their Buy Rating on Stride (LRN)

April 15, 2023 | msn.com

Love Is Blind's Kwame Appiah takes the critics in stride, finds love anyway

April 14, 2023 | markets.businessinsider.com

Analyst Ratings for Stride

April 13, 2023 | msn.com

How To Keep Runner’s Knee From Cramping Your Stride

April 13, 2023 | americanbankingnews.com

Comparing Stride (NYSE:LRN) & EpicQuest Education Group International (NASDAQ:EEIQ)

April 12, 2023 | news.yahoo.com

These Curved Treadmills Can Really up Your Training Game

See More Headlines

LRN Price History

30 days | 90 days | 365 days | Advanced Chart

LRN Company Calendar

Last Earnings: 4/25/2023
Today: 6/08/2023
Fiscal Year End: 6/30/2023
Next Earnings (Estimated): 8/08/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Educational services
Sub-Industry: Education Services
Sector: Consumer Discretionary
Current Symbol: NYSE:LRN
CUSIP: 48273U10
CIK: 1157408
Web: www.k12.com
Phone: (703) 483-7000
Fax: 703-483-7330
Employees: 7,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $48.00
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $46.00
Forecasted Upside/Downside: +14.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.61
Trailing P/E Ratio: 16.00
Forward P/E Ratio: 14.81
P/E Growth: 0.74
Net Income: $107.13 million
Net Margins: 6.17%
Pretax Margin: 8.47%
Return on Equity: 13.36%
Return on Assets: 6.78%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 3.54
Quick Ratio: 3.46

Sales & Book Value

Annual Sales: $1.69 billion
Price / Sales: 1.07
Cash Flow: $4.86 per share
Price / Cash Flow: 8.60
Book Value: $19.00 per share
Price / Book: 2.20

Miscellaneous

Outstanding Shares: 43,040,000
Free Float: 41,962,000
Market Cap: $1.80 billion
Optionable: Optionable
Beta: 0.32

Key Executives

James Jeaho Rhyu
Chief Executive Officer & Director

Donna Meacham Blackman
Chief Financial Officer

Les Ottolenghi
EVP, Chief Information & Technology Officer

Vincent Winslow Mathis
Secretary, Executive VP & General Counsel

Margaret Jorgensen
Chief Academic Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LRN Stock - Frequently Asked Questions

Should I buy or sell Stride stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stride in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LRN shares.
View LRN analyst ratings or view top-rated stocks.
What is Stride's stock price forecast for 2023?: 3 Wall Street analysts have issued 1 year target prices for Stride's stock. Their LRN share price forecasts range from $46.00 to $50.00. On average, they expect the company's share price to reach $48.00 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for LRN or view top-rated stocks among Wall Street analysts.
How have LRN shares performed in 2023?: Stride's stock was trading at $31.28 on January 1st, 2023. Since then, LRN stock has increased by 33.5% and is now trading at $41.76.
View the best growth stocks for 2023 here.
When is Stride's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our LRN earnings forecast.
How were Stride's earnings last quarter?: Stride, Inc. (NYSE:LRN) announced its earnings results on Tuesday, April, 25th. The company reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.22. The business earned $470.30 million during the quarter, compared to analyst estimates of $455.97 million. Stride had a net margin of 6.17% and a trailing twelve-month return on equity of 13.36%. Stride's revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.02 earnings per share.
What ETFs hold Stride's stock?: ETFs with the largest weight of Stride (NYSE:LRN) stock in their portfolio include Global X Education ETF (EDUT), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Distillate Small/Mid Cash Flow ETF (DSMC), iShares US Small Cap Value Factor ETF (SVAL) and RiverFront Dynamic US Flex-Cap ETF (RFFC).
What guidance has Stride issued on next quarter's earnings?: Stride updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.80 billion-$1.82 billion, compared to the consensus revenue estimate of $1.79 billion.
What is Nate Davis' approval rating as Stride's CEO?: 83 employees have rated Stride Chief Executive Officer Nate Davis on Glassdoor.com. Nate Davis has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Stride own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Stride investors own include AbbVie (ABBV), Advanced Micro Devices (AMD), Pfizer (PFE), NVIDIA (NVDA), QUALCOMM (QCOM), Shopify (SHOP), Chegg (CHGG), PayPal (PYPL), Cisco Systems (CSCO) and JD.com (JD).
What is Stride's stock symbol?: Stride trades on the New York Stock Exchange (NYSE) under the ticker symbol "LRN."
Who are Stride's major shareholders?: Stride's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.84%), Boston Partners (3.14%), Rice Hall James & Associates LLC (2.67%), abrdn plc (2.52%), Pictet Asset Management SA (1.86%) and Geode Capital Management LLC (1.80%). Insiders that own company stock include James Jeaho Rhyu, Kevin Chavous, Nathaniel A Davis, Shaun Mcalmont and Vincent Mathis.
View institutional ownership trends.
How do I buy shares of Stride?: Shares of LRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Stride's stock price today?: One share of LRN stock can currently be purchased for approximately $41.76.
How much money does Stride make?: Stride (NYSE:LRN) has a market capitalization of $1.80 billion and generates $1.69 billion in revenue each year. The company earns $107.13 million in net income (profit) each year or $2.61 on an earnings per share basis.
How many employees does Stride have?: The company employs 7,500 workers across the globe.
How can I contact Stride?: Stride's mailing address is 2300 Corporate Park Drive, Herndon VA, 20171. The official website for the company is www.k12.com. The company can be reached via phone at (703) 483-7000, via email at mkraft@k12.com, or via fax at 703-483-7330.

This page (NYSE:LRN) was last updated on 6/8/2023 by MarketBeat.com Staff

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