Strayer Education, Inc. (STRA) Receives Average Rating of “Hold” from Analysts
Shares of Strayer Education, Inc. (NASDAQ:STRA) have earned an average recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $94.00.
Several research firms have commented on STRA. BidaskClub downgraded Strayer Education from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Zacks Investment Research upgraded Strayer Education from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Piper Jaffray Companies restated a “hold” rating and set a $87.00 price objective on shares of Strayer Education in a report on Friday, July 28th. Finally, BMO Capital Markets restated a “buy” rating and set a $100.00 price objective on shares of Strayer Education in a report on Thursday, July 20th.
Strayer Education (NASDAQ:STRA) traded down 0.22% during midday trading on Wednesday, reaching $88.08. The company’s stock had a trading volume of 40,610 shares. The company has a market cap of $942.54 million, a P/E ratio of 27.36 and a beta of 0.95. The firm has a 50 day moving average price of $81.41 and a 200-day moving average price of $85.26. Strayer Education has a 12-month low of $44.63 and a 12-month high of $95.74.
Strayer Education (NASDAQ:STRA) last released its quarterly earnings data on Wednesday, July 26th. The health services provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.87 by $0.05. The company had revenue of $112.70 million for the quarter, compared to the consensus estimate of $113.68 million. Strayer Education had a return on equity of 17.65% and a net margin of 7.90%. Strayer Education’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the business posted $0.72 EPS. On average, equities research analysts predict that Strayer Education will post $3.33 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 18th. Stockholders of record on Tuesday, September 5th were issued a $0.25 dividend. The ex-dividend date was Friday, September 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.14%. Strayer Education’s dividend payout ratio is presently 31.15%.
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Several large investors have recently made changes to their positions in STRA. BlackRock Inc. increased its holdings in shares of Strayer Education by 64,392.9% in the 1st quarter. BlackRock Inc. now owns 1,298,888 shares of the health services provider’s stock valued at $104,548,000 after acquiring an additional 1,296,874 shares during the period. FMR LLC increased its holdings in shares of Strayer Education by 189.6% in the 1st quarter. FMR LLC now owns 510,907 shares of the health services provider’s stock valued at $41,123,000 after acquiring an additional 334,472 shares during the period. TimesSquare Capital Management LLC purchased a new position in shares of Strayer Education in the 2nd quarter valued at $21,483,000. Rice Hall James & Associates LLC increased its holdings in shares of Strayer Education by 59.2% in the 2nd quarter. Rice Hall James & Associates LLC now owns 118,484 shares of the health services provider’s stock valued at $11,045,000 after acquiring an additional 44,073 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Strayer Education by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 1,143,120 shares of the health services provider’s stock valued at $106,562,000 after acquiring an additional 35,328 shares during the period. Institutional investors and hedge funds own 93.04% of the company’s stock.
About Strayer Education
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education and other academic programs, through its subsidiaries, Strayer University (the University) and New York Code and Design Academy (NYCDA). As of December 31, 2016, the University offered undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration and criminal justice at 74 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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