K12 Inc., a technology-based education company, together with its subsidiaries, provides online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade in the United States and internationally. The company also offers curriculum and technology solutions for full-time virtual and blended programs; full-time virtual programs, semester courses, and supplemental educational products; teacher training, teaching, and other academic and technology support services to public schools, school districts, private schools, charter schools, early childhood learning centers, and corporate partners. In addition, it provides FuelEd suite of offerings, such as K12 curriculum, FuelEd online courses, and FuelEd anywhere learning systems; Middlebury interactive languages; Stride; and the Big Universe literacy solution. Further, the company operates online private schools, including The K12 International Academy, the George Washington University Online High School, and the Keystone School. Additionally, it provides access to the online lessons and curriculum through proprietary learning management system; learning kits; student computers; and management, technology, and educational services. The company sells individual K-8 online courses and supplemental educational products directly to families. K12 Inc. was founded in 2000 and is headquartered in Herndon, Virginia.
Industry, Sector and Symbol
Industry Educational services
Sub-IndustryEducation Services
SectorConsumer Discretionary
Phone703-483-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$917.73 million
Profitability
Miscellaneous
Employees4,700
OptionableOptionable
K12 (NYSE:LRN) Frequently Asked Questions
What is K12's stock symbol?
K12 trades on the New York Stock Exchange (NYSE) under the ticker symbol "LRN."
How were K12's earnings last quarter?
K12 Inc. (NYSE:LRN) issued its earnings results on Tuesday, January, 22nd. The company reported $0.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.03. The company earned $254.90 million during the quarter, compared to the consensus estimate of $250.80 million. K12 had a return on equity of 6.40% and a net margin of 3.87%. The firm's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.33 EPS. View K12's Earnings History.
When is K12's next earnings date?
What guidance has K12 issued on next quarter's earnings?
K12 updated its third quarter 2019 earnings guidance on Tuesday, January, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $250-255 million, compared to the consensus revenue estimate of $251.28 million.
What price target have analysts set for LRN?
3 equities research analysts have issued 1-year target prices for K12's stock. Their forecasts range from $21.00 to $30.00. On average, they anticipate K12's stock price to reach $26.6667 in the next year. This suggests that the stock has a possible downside of 16.7%. View Analyst Price Targets for K12.
What is the consensus analysts' recommendation for K12?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for K12 in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for K12.
What are Wall Street analysts saying about K12 stock?
Here are some recent quotes from research analysts about K12 stock:
- 1. According to Zacks Investment Research, "K12 Inc., a technology-based education company, is a leading national provider of proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12. Its mission is to maximize a child's potential by providing access to an engaging and effective education, regardless of geographic location or socio-economic background. " (1/25/2019)
- 2. Barrington Research analysts commented, "We are encouraged by the fall term enrollment results, the third consecutive year of growth after three years of decline, as the company is seeing broad‐based demand across virtually all states. LRN shares are up 9% YTD and currently trade at only 4.2x our FY/19 (June) estimate of adjusted EBITDA, significantly below its online‐focused postsecondary education (9.0x) peer group. Based on the positive macro trends and company execution, we are reiterating our OUTPERFORM investment rating and raising our 12‐month price target to $25 (from $22), which conservatively assumes a 6x multiple on forward adjusted EBITDA." (10/24/2018)
Has K12 been receiving favorable news coverage?
News articles about LRN stock have been trending neutral recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. K12 earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term.
Who are some of K12's key competitors?
Some companies that are related to K12 include Grand Canyon Education (LOPE), Chegg (CHGG), Graham (GHC), Laureate Education (LAUR), Adtalem Global Education (ATGE), Strategic Education (STRA), OneSmart International Edun Gr (ONE), Bright Scholar Education Holdngs (BEDU), Career Education (CECO), Hailiang Education Group (HLG), Puxin (NEW), Arco Platform (ARCE), Sunlands Online Education Group (STG), American Public Education (APEI) and RISE Education Cayman (REDU).
Who are K12's key executives?
K12's management team includes the folowing people:
- Mr. Nathaniel Alonzo Davis, CEO & Exec. Chairman (Age 65)
- Mr. James J. Rhyu, CFO and Pres of Product & Technology (Age 49)
- Mr. Kevin P. Chavous, Pres of Academics, Policy & Schools Group (Age 63)
- Mr. Rob Banwarth, Chief Information Officer & Sr. VP
- Mr. Vincent Winslow Mathis, Exec. VP, Gen. Counsel & Sec. (Age 55)
Who are K12's major shareholders?
K12's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.54%), BlackRock Inc. (6.67%), Acadian Asset Management LLC (3.69%), D. E. Shaw & Co. Inc. (2.65%), Principal Financial Group Inc. (1.64%) and Geode Capital Management LLC (1.41%). Company insiders that own K12 stock include Allison Cleveland, Guillermo Bron, Howard D Polsky, James Jeaho Rhyu, Joseph Zarella, Kevin Chavous and Nathaniel A Davis. View Institutional Ownership Trends for K12.
Which major investors are selling K12 stock?
LRN stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Royce & Associates LP, Bank of New York Mellon Corp, Geode Capital Management LLC, Mackay Shields LLC, Zacks Investment Management, Dimensional Fund Advisors LP and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold K12 company stock in the last year include Howard D Polsky, Kevin Chavous and Nathaniel A Davis. View Insider Buying and Selling for K12.
Which major investors are buying K12 stock?
LRN stock was purchased by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Principal Financial Group Inc., Acadian Asset Management LLC, O Shaughnessy Asset Management LLC, Millennium Management LLC, Crown Advisors Management Inc., Oberweis Asset Management Inc. and Hancock Whitney Corp. View Insider Buying and Selling for K12.
How do I buy shares of K12?
Shares of LRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is K12's stock price today?
One share of LRN stock can currently be purchased for approximately $32.00.
How big of a company is K12?
K12 has a market capitalization of $1.29 billion and generates $917.73 million in revenue each year. The company earns $27.62 million in net income (profit) each year or $0.68 on an earnings per share basis. K12 employs 4,700 workers across the globe.
What is K12's official website?
How can I contact K12?
K12's mailing address is 2300 Corporate Park Drive, Herndon VA, 20171. The company can be reached via phone at 703-483-7000 or via email at [email protected]
MarketBeat Community Rating for K12 (NYSE LRN)
MarketBeat's community ratings are surveys of what our community members think about K12 and other stocks. Vote "Outperform" if you believe LRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
