NYSE:LRN

Stride - LRN Stock Forecast, Price & News

$35.33

-0.47 (-1.31%)

(As of 11/30/2022 12:13 PM ET)

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Today's Range: $35.10
▼
$35.84
50-Day Range: $32.52
▼
$46.56
52-Week Range: $25.65
▼
$47.35

Volume: 10,366 shs
Average Volume: 379,849 shs
Market Capitalization: $1.52 billion

P/E Ratio: 16.51
Dividend Yield: N/A
Price Target: $47.67

Stride MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 34.9% Upside
$47.67 Price Target
Short Interest: Healthy
8.18% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 23.36%
From $2.14 to $2.64 Per Share

Overall MarketRank^™

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

2.66 out of 5 stars

Consumer Discretionary Sector

53rd out of 272 stocks

Educational Services Industry

2nd out of 22 stocks

3.5

Analyst's Opinion

Consensus Rating
Stride has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $47.67, Stride has a forecasted upside of 34.9% from its current price of $35.33.
Amount of Analyst Coverage
Stride has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
8.18% 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 5.6.
Change versus previous month
Short interest in Stride has recently decreased by 15.60%, indicating that investor sentiment is improving 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.

1.3

News and Social Media Coverage

News Sentiment
Stride has a news sentiment score of 0.32. 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 0.55 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Stride this week, compared to 4 articles on an average week.
Search Interest
Only 4 people have searched for LRN on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Stride to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Stride are expected to grow by 23.36% in the coming year, from $2.14 to $2.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stride is 16.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stride is 16.51, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.36.
Price to Earnings Growth Ratio
Stride has a PEG Ratio of 0.84. 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 1.93. 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., 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. Stride, Inc. 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.

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LRN Stock News Headlines

November 21, 2022 | finance.yahoo.com

Ross Woodley Appointed General Manager of Stride, Inc.’s Career Learning Platform

November 20, 2022 | finance.yahoo.com

Stride (NYSE:LRN) Shareholders Will Want The ROCE Trajectory To Continue

November 30, 2022 | Investing Trends (Ad)

The Lithium "Lie"

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November 20, 2022 | americanbankingnews.com

Skillful Craftsman Education Technology (NASDAQ:EDTK) vs. Stride (NYSE:LRN) Head to Head Review

November 15, 2022 | finance.yahoo.com

Stride, Inc. Offers Free Curriculum to Foster Inclusion

October 25, 2022 | seekingalpha.com

Stride, Inc. (LRN) Q1 2023 Earnings Call Transcript

October 25, 2022 | finance.yahoo.com

Stride Guides to Seventh Straight Year of Revenue Growth

October 25, 2022 | nasdaq.com

Insiders sold US$4.1m worth of Stride, Inc. (NYSE:LRN) stock last year, could be a warning sign to watch out for

November 30, 2022 | Investing Trends (Ad)

The Lithium "Lie"

October 20, 2022 | finance.yahoo.com

WisdomTree Announces Stride and Galileo as Payments Partners for WisdomTree Prime™ - Yahoo Finance

October 20, 2022 | washingtonpost.com

Commanders' Terry McLaurin taking QB change to Taylor Heinicke in stride - The Washington Post

October 19, 2022 | seekingalpha.com

WisdomTree announces collaboration with Stride, Galileo - Seeking Alpha

October 15, 2022 | seekingalpha.com

Taking Higher Interest Rates In STRIDE - Seeking Alpha

October 11, 2022 | businesswire.com

Stride Inc. First Quarter Fiscal Year 2023 Earnings Conference Call Details - Business Wire

October 11, 2022 | finance.yahoo.com

Stride Inc. First Quarter Fiscal Year 2023 Earnings Conference Call Details

October 5, 2022 | stocknews.com

3 Stocks to Ride the Bear Market Rally

October 5, 2022 | businesswire.com

Stride Esports Launches Fall Tournaments with New Partner, Practice Server - Business Wire

October 4, 2022 | finance.yahoo.com

Stride, Inc. Continues Partnership with PACER’s National Bullying Prevention Center for Multi-Year Bullying Prevention Effort - Yahoo Finance

October 3, 2022 | businesswire.com

Stride, Inc. Continues Partnership with PACER's National Bullying Prevention Center for Multi-Year Bullying Prevention Effort - Business Wire

October 3, 2022 | finance.yahoo.com

Stride, Inc. Continues Partnership with PACER’s National Bullying Prevention Center for Multi-Year Bullying Prevention Effort

September 29, 2022 | bloomberg.com

Senior Tory Urges UK to Release Independent Budget View Faster - Bloomberg

September 28, 2022 | msn.com

Oregon State's bipedal robot, Cassie, sets Guinness World Record in 100-meter dash

September 28, 2022 | finance.yahoo.com

Stride, Inc.'s (NYSE:LRN) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

September 28, 2022 | finance.yahoo.com

Jessica Moss Becomes OMNICOMMANDER's Fifth CPACC Certification Recipient

September 27, 2022 | nasdaq.com

Investing in Stride (NYSE:LRN) five years ago would have delivered you a 127% gain

September 26, 2022 | globenewswire.com

STRIDE Fitness Launches New Location in Addison, Texas - GlobeNewswire

September 26, 2022 | investors.com

Stocks To Buy And Watch: Online Learning Firm Makes Strides Into Adult Career Training | Investor's Business Daily - Investor's Business Daily

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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LRN Company Calendar

Last Earnings: 10/18/2021
Today: 11/30/2022
Next Earnings (Estimated): 1/24/2023
Fiscal Year End: 6/30/2023

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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: $47.67
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $43.00
Forecasted Upside/Downside: +34.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.14
Trailing P/E Ratio: 16.51
Forward P/E Ratio: 16.51
P/E Growth: 0.84
Net Income: $107.13 million
Net Margins: 5.28%
Pretax Margin: 7.39%
Return on Equity: 11.60%
Return on Assets: 5.68%

Debt

Debt-to-Equity Ratio: 0.57
Current Ratio: 3.22
Quick Ratio: 3.12

Sales & Book Value

Annual Sales: $1.69 billion
Price / Sales: 0.90
Cash Flow: $4.74 per share
Price / Cash Flow: 7.45
Book Value: $18.28 per share
Price / Book: 1.93

Miscellaneous

Outstanding Shares: 43,030,000
Free Float: 41,956,000
Market Cap: $1.52 billion
Optionable: Optionable
Beta: 0.24

Key Executives

Mr. James J. Rhyu (Age 52)
CEO & Director
Comp: $2.22M

Mr. Vincent Winslow Mathis (Age 58)
Exec. VP, Gen. Counsel, Legal & Sec.
Comp: $1.17M

Ms. Donna Blackman
Chief Financial Officer

Mr. Les Ottolenghi (Age 60)
Chief Information & Technology Officer and Exec. VP

Timothy Casey
VP of Investor Relations

Mr. Jeff Kwitowski
Sr. VP of Corp. Communications

Ms. Emily Riordan
Director of Corp. Communications

Mr. Paul Rhyu
Chief Marketing Officer

Ms. Valerie Maddy
Sr. VP & Chief HR Officer

Mr. Peter G. Stewart (Age 54)
Sr. VP of School Devel.

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?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stride in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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?: 2 brokers have issued twelve-month target prices for Stride's stock. Their LRN share price forecasts range from $43.00 to $50.00. On average, they predict the company's share price to reach $47.67 in the next year. This suggests a possible upside of 33.1% 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 2022?: Stride's stock was trading at $33.33 at the beginning of the year. Since then, LRN shares have increased by 7.4% and is now trading at $35.80.
View the best growth stocks for 2022 here.
Are investors shorting Stride?: Stride saw a decrease in short interest in November. As of November 15th, there was short interest totaling 3,300,000 shares, a decrease of 15.6% from the October 31st total of 3,910,000 shares. Based on an average daily trading volume, of 592,200 shares, the days-to-cover ratio is currently 5.6 days. Approximately 8.2% of the shares of the company are sold short.
View Stride's Short Interest.
When is Stride's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our LRN earnings forecast.
How were Stride's earnings last quarter?: Stride, Inc. (NYSE:LRN) issued its earnings results on Monday, October, 18th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.01. The business had revenue of $400.23 million for the quarter, compared to the consensus estimate of $356.03 million. Stride had a net margin of 5.28% and a trailing twelve-month return on equity of 11.60%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.30 earnings per share.
What guidance has Stride issued on next quarter's earnings?: Stride updated its FY 2023 earnings guidance on Tuesday, November, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.71 billion-$1.79 billion, compared to the consensus revenue estimate of $1.78 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.62%), Boston Partners (7.23%), Dimensional Fund Advisors LP (6.99%), Rice Hall James & Associates LLC (2.91%), Ophir Asset Management Pty Ltd (2.00%) and Pictet Asset Management SA (1.93%). 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 $35.80.
How much money does Stride make?: Stride (NYSE:LRN) has a market capitalization of $1.54 billion and generates $1.69 billion in revenue each year. The company earns $107.13 million in net income (profit) each year or $2.14 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 11/30/2022 by MarketBeat.com Staff

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