Strayer Education Inc. (STRA) Sees Strong Trading Volume
Shares of Strayer Education Inc. (NASDAQ:STRA) saw an uptick in trading volume on Tuesday . 93,347 shares were traded during trading, an increase of 1% from the previous session’s volume of 92,652 shares.The stock last traded at $51.16 and had previously closed at $50.23.
A number of brokerages have weighed in on STRA. BMO Capital Markets reaffirmed a “buy” rating and set a $55.00 target price on shares of Strayer Education in a research report on Thursday, July 28th. Zacks Investment Research lowered Strayer Education from a “hold” rating to a “sell” rating in a research report on Tuesday, July 26th. Finally, Credit Suisse Group AG reaffirmed a “hold” rating and set a $56.00 target price on shares of Strayer Education in a research report on Wednesday, June 15th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. Strayer Education has an average rating of “Hold” and an average price target of $51.50.
The company has a market cap of $536.74 million and a price-to-earnings ratio of 14.73. The stock’s 50-day moving average price is $48.39 and its 200 day moving average price is $47.43.
Strayer Education (NASDAQ:STRA) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by $0.32. During the same period in the previous year, the business earned $1.11 EPS. The firm earned $108.50 million during the quarter, compared to analyst estimates of $109.21 million. Strayer Education’s quarterly revenue was down 1.2% on a year-over-year basis. Analysts anticipate that Strayer Education Inc. will post $3.20 earnings per share for the current fiscal year.
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education services. The Company offers a range of academic programs through its subsidiaries, Strayer University, Inc (the University) and New York Code and Design Academy (NYCDA). The University offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration and criminal justice at approximately 80 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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