NYSE:LRN

Stride (LRN) Stock Price, News & Analysis

$63.20
+5.00 (+8.59%)
(As of 04/24/2024 ET)
Today's Range
$62.01
$64.95
50-Day Range
$55.37
$64.06
52-Week Range
$35.61
$69.70
Volume
2.18 million shs
Average Volume
612,879 shs
Market Capitalization
$2.74 billion
P/E Ratio
14.84
Dividend Yield
N/A
Price Target
$71.75

Stride MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
13.5% Upside
$71.75 Price Target
Short Interest
Healthy
12.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.85mentions of Stride in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.51%
From $4.31 to $4.72 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.97 out of 5 stars

Consumer Discretionary Sector

120th out of 270 stocks

Educational Services Industry

12th out of 21 stocks

LRN stock logo

About Stride Stock (NYSE:LRN)

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. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. It serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was founded in 2000 and is headquartered in Reston, Virginia.

LRN Stock Price History

LRN Stock News Headlines

Stride (NYSE:LRN) Shares Gap Up Following Strong Earnings
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Stride, Inc.: Stride Posts Another Record Quarter
Why Stride Stock Was Moving Higher Today
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Stride Posts Another Record Quarter
Stride, Inc. (LRN)
Stride (LRN) Set to Announce Earnings on Tuesday
See More Headlines
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Company Calendar

Last Earnings
4/23/2024
Today
4/24/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/20/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
Education Services
CUSIP
48273U10
Employees
7,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$71.75
High Stock Price Target
$75.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+13.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$126.87 million
Pretax Margin
11.74%

Debt

Sales & Book Value

Annual Sales
$1.84 billion
Cash Flow
$6.04 per share
Book Value
$22.01 per share

Miscellaneous

Free Float
42,176,000
Market Cap
$2.74 billion
Optionable
Optionable
Beta
0.26
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Key Executives

  • Mr. James J. RhyuMr. James J. Rhyu (Age 54)
    CEO & Director
    Comp: $2.59M
  • Ms. Donna M. Blackman (Age 57)
    Executive VP & CFO
    Comp: $1.25M
  • Mr. Vincent Winslow Mathis (Age 60)
    Executive VP, General Counsel, Legal & Secretary
    Comp: $1.07M
  • Timothy Casey
    Vice President of Investor Relations
  • Ms. Emily Riordan
    Director of Corporate Communications
  • Ms. Deborah S. Hannah
    Chief Marketing Officer
  • Ms. Valerie Maddy
    Senior VP & Chief Human Resources Officer
  • Mr. Jeff Kwitowski
    Senior Vice President of Corporate Communications
  • Mr. Peter G. Stewart (Age 56)
    Senior Vice President of School Development
  • Mr. Bryan W. Flood (Age 58)
    Senior VP & Chief Public Affairs Officer

LRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Stride stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stride in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LRN shares.
View LRN analyst ratings
or view top-rated stocks.

What is Stride's stock price target for 2024?

5 brokerages have issued 1-year price objectives for Stride's shares. Their LRN share price targets range from $65.00 to $75.00. On average, they expect the company's stock price to reach $71.75 in the next twelve months. This suggests a possible upside of 13.5% 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 2024?

Stride's stock was trading at $59.37 at the start of the year. Since then, LRN stock has increased by 6.5% and is now trading at $63.20.
View the best growth stocks for 2024 here
.

When is Stride's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024.
View our LRN earnings forecast
.

How were Stride's earnings last quarter?

Stride, Inc. (NYSE:LRN) issued its quarterly earnings results on Tuesday, April, 23rd. The company reported $1.60 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.13. The company had revenue of $520.84 million for the quarter, compared to the consensus estimate of $507.89 million. Stride had a net margin of 9.29% and a trailing twelve-month return on equity of 18.86%. Stride's revenue for the quarter was up 10.7% on a year-over-year basis. During the same period last year, the firm posted $1.30 EPS.

What guidance has Stride issued on next quarter's earnings?

Stride issued an update on its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 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).

Who are Stride's major shareholders?

Stride's stock is owned by many different institutional and retail investors. Top institutional investors include Rice Hall James & Associates LLC (2.13%), Kirr Marbach & Co. LLC IN (0.25%), Los Angeles Capital Management LLC (0.12%), Allspring Global Investments Holdings LLC (0.07%), State of Alaska Department of Revenue (0.06%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include Eliza Mcfadden, James Jeaho Rhyu, Les Ottolenghi, Nathaniel A Davis, Robert Cohen 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LRN) was last updated on 4/25/2024 by MarketBeat.com Staff

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