Stride (LRN) Projected to Post Quarterly Earnings on Tuesday

Stride (NYSE:LRN) is expected to announce its earnings results after the market closes on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.92 per share and revenue of $569,760.00 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Stride Stock Up 0.3 %

LRN stock opened at $119.43 on Monday. The company has a quick ratio of 5.50, a current ratio of 5.60 and a debt-to-equity ratio of 0.38. The business has a 50 day moving average of $108.10 and a 200 day moving average of $90.56. Stride has a twelve month low of $54.81 and a twelve month high of $120.60. The firm has a market cap of $5.21 billion, a PE ratio of 21.71, a price-to-earnings-growth ratio of 0.88 and a beta of 0.32.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Morgan Stanley increased their price objective on Stride from $94.00 to $109.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Canaccord Genuity Group raised their price target on shares of Stride from $94.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. BMO Capital Markets boosted their price objective on shares of Stride from $84.00 to $88.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Citigroup raised their target price on shares of Stride from $90.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday, October 29th. Finally, Barrington Research lifted their target price on shares of Stride from $100.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Stride has a consensus rating of “Moderate Buy” and a consensus price target of $102.50.

About Stride

Stride, Inc, a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students.