K12 (LRN) Earns News Impact Rating of 0.31
News articles about K12 (NYSE:LRN) have been trending positive this week, according to Alpha One Sentiment. Alpha One, a division of Accern, identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. K12 earned a daily sentiment score of 0.31 on Alpha One’s scale. Alpha One also assigned news articles about the company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Alpha One’s rankings:
- France arrests two men planning ‘violent’ attack ahead of elections (feeds.reuters.com)
- BMO Capital Markets Reiterates “Buy” Rating for K12 Inc. (LRN) (americanbankingnews.com)
- K12 Has Returned 45.9% Since SmarTrend Recommendation (LRN) (mysmartrend.com)
- K12 Inc. (LRN) Stock Rating Reaffirmed by BMO Capital Markets (americanbankingnews.com)
- K12 Inc. Third Quarter Fiscal 2017 Earnings Conference Call Details (finance.yahoo.com)
K12 (NYSE:LRN) traded up 1.63% on Tuesday, hitting $19.37. The company’s stock had a trading volume of 196,503 shares. The firm has a market cap of $734.63 million, a price-to-earnings ratio of 70.18 and a beta of 0.11. K12 has a 12 month low of $9.79 and a 12 month high of $20.67. The firm has a 50 day moving average of $18.57 and a 200 day moving average of $16.48.
K12 (NYSE:LRN) last released its quarterly earnings results on Thursday, January 26th. The company reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.03. The company earned $221.10 million during the quarter, compared to analyst estimates of $217.11 million. K12 had a return on equity of 2.81% and a net margin of 1.24%. The firm’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the business posted $0.23 earnings per share. Equities research analysts forecast that K12 will post $0.38 earnings per share for the current fiscal year.
A number of research firms have commented on LRN. Zacks Investment Research lowered K12 from a “hold” rating to a “sell” rating in a research report on Monday, January 30th. TheStreet upgraded K12 from a “c+” rating to a “b-” rating in a report on Monday, April 3rd. Finally, BMO Capital Markets reiterated a “buy” rating and set a $22.00 target price on shares of K12 in a report on Wednesday, April 12th. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. K12 presently has an average rating of “Buy” and a consensus price target of $17.00.
In related news, EVP Lynda Cloud sold 33,750 shares of K12 stock in a transaction dated Wednesday, February 1st. The stock was sold at an average price of $19.96, for a total value of $673,650.00. Following the completion of the transaction, the executive vice president now owns 103,718 shares in the company, valued at $2,070,211.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 18.34% of the company’s stock.
K12 Company Profile
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.
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