Somewhat Favorable News Coverage Somewhat Unlikely to Affect Strayer Education (STRA) Stock Price
Media headlines about Strayer Education (NASDAQ:STRA) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Strayer Education earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the health services provider an impact score of 46.0558245966945 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Strayer Education (NASDAQ STRA) opened at 83.92 on Friday. The company has a 50-day moving average of $79.78 and a 200-day moving average of $84.74. The stock has a market capitalization of $898.03 million, a price-to-earnings ratio of 26.07 and a beta of 0.92. Strayer Education has a 1-year low of $44.63 and a 1-year high of $95.74.
Strayer Education (NASDAQ:STRA) last released its earnings results on Wednesday, July 26th. The health services provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.05. The company had revenue of $112.70 million during 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 revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. On average, equities research analysts expect that Strayer Education will post $3.33 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Monday, September 18th. Shareholders of record on Tuesday, September 5th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Friday, September 1st. Strayer Education’s dividend payout ratio is currently 31.15%.
A number of research firms recently weighed in on STRA. BidaskClub lowered shares of Strayer Education from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised shares of Strayer Education from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $87.00 price objective on shares of Strayer Education in a research note on Friday, July 28th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Strayer Education in a research note on Thursday, July 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $94.00.
Strayer Education Company Profile
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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