K12 Inc. (K12) is a technology-based education company. The Company offers curriculum, software systems and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade (K-12). It provides a continuum of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families. The Company offers a set of products and services primarily to three lines of business, which include Managed Public School Programs, which consists of virtual and blended schools; Institutional business, which includes educational products and services sold to school districts, public schools and other educational institutions, and Private Pay Schools and Other, which includes private schools, including international, for which it charges student tuition and direct consumer sales. It sells individual online courses and supplemental educational products directly to families.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: General Education Services
- Sub-Industry: Education Services
- Symbol: NYSE:LRN
- CUSIP: 48273U10
- Web: www.k12.com
Capitalization:- Market Cap: $668.81 million
- Outstanding Shares: 40,772,000
Average Prices:- 50 Day Moving Avg: $17.85
- 200 Day Moving Avg: $18.63
- 52 Week Range: $10.17 - $21.18
P/E:- Trailing P/E Ratio: 1729.00
- Foreward P/E Ratio: 32.02
- P/E Growth: 2.39
Sales & Book Value:- Annual Revenue: $888.52 million
- Price / Sales: 0.79
- Book Value: $14.85 per share
- Price / Book: 1.16
Profitability:- EBIDTA: $35.91 million
- Net Margins: 0.05%
- Return on Equity: 3.18%
- Return on Assets: 2.40%
Debt:- Debt-to-Equity Ratio: 0.02%
- Current Ratio: 4.02%
- Quick Ratio: 3.76%
Misc:- Average Volume: 167,120 shs.
- Beta: -0.2
Frequently Asked Questions for K12 (NYSE:LRN)
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) announced its quarterly earnings results on Tuesday, August, 9th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.04. The company had revenue of $221.30 million for the quarter, compared to analysts' expectations of $210.13 million. K12 had a net margin of 0.05% and a return on equity of 3.18%. K12's quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.18 EPS. View K12's Earnings History.
When will K12 make its next earnings announcement?
Where is K12's stock going? Where will K12's stock price be in 2017?
2 brokerages have issued 12 month price objectives for K12's stock. Their forecasts range from $15.00 to $22.00. On average, they expect K12's stock price to reach $18.50 in the next twelve months. View Analyst Ratings for K12.
Who are some of K12's key competitors?
Some companies that are related to K12 include Vista Outdoor (VSTO), Acushnet Holdings Corp. (GOLF), Select Comfort Corporation (SCSS), Belmond (BEL), Diversified Royalty Corp (BEL), SodaStream International (SODA), Callaway Golf Company (ELY), Playa Hotels & Resorts N.V. (PLYA), GoPro (GPRO), G-III Apparel Group, LTD. (GIII), Imax Corporation (IMAX), Interface (TILE), Pinnacle Entertainment (PNK), SeaWorld Entertainment (SEAS), ClubCorp Holdings (MYCC), Camping World Holdings (CWH), Gray Television (GTN) and Caleres (CAL).
Who are K12's key executives?
K12's management team includes the folowing people:
- Nathaniel A. Davis, Executive Chairman of the Board
- Stuart J. Udell, Chief Executive Officer, Director
- James J. Rhyu, Chief Financial Officer, Executive Vice President
- Howard D. Polsky, Executive Vice President, General Counsel, Secretary
- Allison B. Cleveland, Executive Vice President of School Management and Services
- Lynda B. Cloud, Executive Vice President - Products
- Joseph P. Zarella, Executive Vice President - Business Operations
- Jon Q. Reynolds Jr., Lead Independent Director
- Aida M. Alvarez, Director
- Kevin P. Chavous, Director
Who owns K12 stock?
K12's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.39%), Vanguard Group Inc. (6.87%), Numeric Investors LLC (2.96%), Palisade Capital Management LLC NJ (2.90%), Acadian Asset Management LLC (2.69%) and JPMorgan Chase & Co. (2.32%). Company insiders that own K12 stock include Allison Cleveland, Guillermo Bron, James Jeaho Rhyu, Joseph Zarella, Lynda Cloud and Nathaniel A Davis. View Institutional Ownership Trends for K12.
Who sold K12 stock? Who is selling K12 stock?
K12's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Systematic Financial Management LP, TIAA CREF Investment Management LLC, New York State Common Retirement Fund, Formula Growth Ltd., Schwab Charles Investment Management Inc., Alliancebernstein L.P. and Royce & Associates LP. Company insiders that have sold K12 stock in the last year include Allison Cleveland, Guillermo Bron, James Jeaho Rhyu, Joseph Zarella, Lynda Cloud and Nathaniel A Davis. View Insider Buying and Selling for K12.
Who bought K12 stock? Who is buying K12 stock?
K12's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Numeric Investors LLC, Martingale Asset Management L P, JPMorgan Chase & Co., Russell Investments Group Ltd., First Trust Advisors LP, Brandywine Global Investment Management LLC and Hancock Holding Co.. View Insider Buying and Selling for K12.
How do I buy K12 stock?
Shares of K12 can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is K12's stock price today?
One share of K12 stock can currently be purchased for approximately $17.29.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for K12 (NYSE:LRN) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $18.50 (7.00% upside) |
Analysts' Ratings History for K12 (NYSE:LRN)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/28/2017 | BMO Capital Markets | Reiterated Rating | Buy | | Low |  |
| 10/27/2016 | Barrington Research | Upgrade | Market Perform -> Outperform | $13.00 -> $15.00 | N/A | |
| 8/10/2016 | First Analysis | Upgrade | Equal Weight -> Overweight | $14.00 | N/A | |
(Data available from 8/21/2015 forward)
Earnings History for K12 (NYSE:LRN)Earnings History by Quarter for K12 (NYSE LRN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | | | | | | | |
| 4/27/2017 | Q3 2017 | $0.26 | $0.42 | $215.69 million | $222.50 million | View | N/A | |
| 1/26/2017 | Q217 | $0.27 | $0.30 | $217.11 million | $221.10 million | View | N/A | |
| 10/26/2016 | Q117 | ($0.33) | ($0.36) | $225.87 million | $229.10 million | View | Listen | |
| 8/9/2016 | Q416 | $0.13 | $0.09 | $210.13 million | $221.30 million | View | N/A | |
| 4/27/2016 | Q316 | $0.31 | $0.37 | $219.70 million | $221.30 million | View | Listen | |
| 1/28/2016 | Q216 | $0.22 | $0.23 | $211.54 million | $208.80 million | View | Listen | |
| 10/27/2015 | Q116 | ($0.30) | ($0.34) | $218.62 million | $218.60 million | View | Listen | |
| 8/4/2015 | Q415 | $0.10 | $0.18 | $231.45 million | $235.70 million | View | N/A | |
| 4/28/2015 | Q315 | $0.38 | $0.45 | $238.63 million | $244.60 million | View | Listen | |
| 1/29/2015 | Q215 | $0.29 | $0.33 | $229.61 million | $231.20 million | View | Listen | |
| 10/30/2014 | Q115 | ($0.22) | ($0.18) | $233.99 million | $236.70 million | View | Listen | |
| 8/14/2014 | Q414 | $0.20 | $0.32 | $221.04 million | $232.00 million | View | N/A | |
| 4/29/2014 | Q314 | $0.38 | $0.40 | $232.40 million | $235.20 million | View | Listen | |
| 2/4/2014 | Q214 | $0.32 | $0.36 | $222.91 million | $223.90 million | View | Listen | |
| 11/7/2013 | Q114 | ($0.14) | ($0.13) | $227.22 million | $228.40 million | View | Listen | |
| 8/29/2013 | Q4 2013 | $0.03 | $0.06 | $200.96 million | $203.10 million | View | Listen | |
| 5/3/2013 | Q3 2013 | $0.23 | $0.31 | $212.85 million | $218.00 million | View | Listen | |
| 2/5/2013 | Q2 2013 | $0.22 | $0.24 | $208.13 million | $206.00 million | View | Listen | |
| 11/9/2012 | Q113 | $0.13 | $0.11 | $221.66 million | $221.10 million | View | N/A | |
| 9/12/2012 | Q412 | ($0.03) | $0.05 | $165.40 million | $170.40 million | View | N/A | |
| 5/8/2012 | | $0.22 | $0.18 | | | View | N/A | |
| 2/7/2012 | | $0.27 | $0.11 | | | View | N/A | |
| 11/15/2011 | | $0.23 | $0.12 | | | View | N/A | |
| 5/10/2011 | | $0.21 | $0.16 | | | View | N/A | |
| 2/9/2011 | | $0.24 | $0.23 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for K12 (NYSE:LRN)2017 EPS Consensus Estimate: $0.43
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | ($0.33) | ($0.30) | ($0.32) |
| Q2 2017 | 2 | $0.27 | $0.28 | $0.28 |
| Q3 2017 | 2 | $0.26 | $0.27 | $0.27 |
| Q4 2017 | 1 | $0.20 | $0.20 | $0.20 |
| Q1 2018 | 1 | ($0.33) | ($0.33) | ($0.33) |
| Q2 2018 | 1 | $0.34 | $0.34 | $0.34 |
(Data provided by Zacks Investment Research)
Dividend History for K12 (NYSE:LRN)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for K12 (NYSE:LRN)Insider Ownership Percentage: 18.34%
Institutional Ownership Percentage: 78.63%
Insider Trades by Quarter for K12 (NYSE:LRN)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/9/2017 | James Jeaho Rhyu | CFO | Sell | 10,000 | $18.03 | $180,300.00 | |
| 7/26/2017 | James Jeaho Rhyu | CFO | Sell | 5,000 | $18.04 | $90,200.00 | |
| 7/25/2017 | James Jeaho Rhyu | CFO | Sell | 5,000 | $18.07 | $90,350.00 | |
| 7/12/2017 | James Jeaho Rhyu | CFO | Sell | 10,000 | $18.00 | $180,000.00 | |
| 6/21/2017 | James Jeaho Rhyu | CFO | Sell | 10,000 | $18.20 | $182,000.00 | |
| 6/15/2017 | Allison Cleveland | EVP | Sell | 5,600 | $18.66 | $104,496.00 | |
| 6/7/2017 | James Jeaho Rhyu | CFO | Sell | 5,000 | $18.55 | $92,750.00 | |
| 6/6/2017 | James Jeaho Rhyu | CFO | Sell | 5,000 | $18.79 | $93,950.00 | |
| 5/4/2017 | Guillermo Bron | Director | Sell | 7,000 | $20.41 | $142,870.00 | |
| 5/4/2017 | Joseph Zarella | EVP | Sell | 25,231 | $20.55 | $518,497.05 | |
| 5/3/2017 | Joseph Zarella | EVP | Sell | 12,269 | $20.54 | $252,005.26 | |
| 5/3/2017 | Nathaniel A Davis | Insider | Sell | 2,500 | $20.46 | $51,150.00 | |
| 2/1/2017 | Lynda Cloud | EVP | Sell | 33,750 | $19.96 | $673,650.00 | |
| 12/16/2016 | Allison Cleveland | EVP | Sell | 7,113 | $17.33 | $123,268.29 | |
| 11/12/2013 | Nathaniel Davis | Chairman | Buy | 3,750 | $19.54 | $73,275.00 | |
| 10/2/2013 | Ronald J Packard | CEO | Sell | 8,000 | $31.10 | $248,800.00 | |
| 9/18/2013 | Ronald Packard | CEO | Sell | 18,000 | $34.54 | $621,720.00 | |
| 9/11/2013 | Ronald Packard | CEO | Sell | 27,000 | $37.42 | $1,010,340.00 | |
| 9/4/2013 | Ronald J Packard | CEO | Sell | 27,000 | $36.74 | $991,980.00 | |
| 8/29/2013 | Howard Polsky | General Counsel | Sell | 23,005 | $36.08 | $830,020.40 | |
| 8/29/2013 | Ronald Packard | CEO | Sell | 27,000 | $33.84 | $913,680.00 | |
| 8/21/2013 | Ronald Packard | CEO | Sell | 8,000 | $30.71 | $245,680.00 | |
| 8/14/2013 | Ronald Packard | CEO | Sell | 8,000 | $31.65 | $253,200.00 | |
| 8/7/2013 | Ronald Packard | CEO | Sell | 8,000 | $31.09 | $248,720.00 | |
| 8/1/2013 | Ronald J Packard | CEO | Sell | 10,000 | $31.07 | $310,700.00 | |
| 7/24/2013 | Ronald J Packard | CEO | Sell | 8,000 | $30.43 | $243,440.00 | |
| 7/17/2013 | Ronald J Packard | CEO | Sell | 33,000 | $29.95 | $988,350.00 | |
| 5/14/2013 | Howard D Polsky | General Counsel | Sell | 3,206 | $28.66 | $91,883.96 | |
(Data available from 1/1/2013 forward)
Headline Trends for K12 (NYSE:LRN)
Latest Headlines for K12 (NYSE:LRN)
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K12 (LRN) Chart for Monday, August, 21, 2017
