Strategic Education Inc. (NASDAQ:STRA) Stock Has Average Target Price of $96.67 According to Brokerages

Shares of Strategic Education Inc. (NASDAQ:STRA) have been given a consensus rating of “Hold” by the five ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $96.67.

Several research analysts recently commented on the stock. Wall Street Zen upgraded shares of Strategic Education from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Barrington Research set a $105.00 target price on shares of Strategic Education in a research report on Wednesday, July 29th. BMO Capital Markets lowered their price target on shares of Strategic Education from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, October 5th. Weiss Ratings cut shares of Strategic Education from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 28th. Finally, Truist Financial increased their price objective on shares of Strategic Education from $80.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th.

Strategic Education Stock Up 2.0%

Shares of STRA opened at $74.04 on Wednesday. Strategic Education has a twelve month low of $69.70 and a twelve month high of $89.73. The stock has a market capitalization of $1.64 billion, a P/E ratio of 12.34, a P/E/G ratio of 0.67 and a beta of 0.51. The company has a 50 day moving average of $80.37 and a 200-day moving average of $80.37.

Institutional Trading of Strategic Education

Institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC grew its stake in Strategic Education by 2,597.1% in the third quarter. Parallel Advisors LLC now owns 2,778 shares of the health services provider’s stock valued at $216,000 after purchasing an additional 2,675 shares in the last quarter. Alps Advisors Inc. increased its position in shares of Strategic Education by 12.8% during the 3rd quarter. Alps Advisors Inc. now owns 7,014 shares of the health services provider’s stock worth $545,000 after purchasing an additional 798 shares during the last quarter. Heritage Family Offices LLP acquired a new position in shares of Strategic Education during the 3rd quarter worth approximately $25,000. VestGen Advisors LLC acquired a new position in shares of Strategic Education during the 3rd quarter worth approximately $242,000. Finally, Signaturefd LLC raised its stake in shares of Strategic Education by 120.5% during the 3rd quarter. Signaturefd LLC now owns 1,138 shares of the health services provider’s stock worth $88,000 after purchasing an additional 622 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.

About Strategic Education

Strategic Education, Inc (NASDAQ: STRA) is an education services company that provides postsecondary programs through Strayer University and Capella University. Its institutions serve working adults and other nontraditional students through online and campus-based learning options.

Strayer University offers undergraduate and graduate degree programs, professional certificates and other career-focused educational programs in areas such as business, information technology, health services and criminal justice.