Strategic Education (NASDAQ:STRA) PT Raised to $135.00 at Barrington Research

Strategic Education (NASDAQ:STRA) had its price objective upped by research analysts at Barrington Research from $125.00 to $135.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the health services provider’s stock. Barrington Research’s price target would suggest a potential upside of 11.51% from the stock’s previous close.

Several other equities analysts also recently commented on the company. StockNews.com downgraded Strategic Education from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. Truist Financial upgraded Strategic Education from a “hold” rating to a “buy” rating and lifted their price objective for the company from $110.00 to $125.00 in a research report on Wednesday, April 17th. Bank of America lifted their price objective on Strategic Education from $104.00 to $124.00 and gave the company a “buy” rating in a research report on Tuesday, March 5th. BMO Capital Markets lifted their price objective on Strategic Education from $103.00 to $123.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. Finally, TheStreet upgraded Strategic Education from a “c+” rating to a “b” rating in a research report on Thursday, February 29th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $131.75.

Strategic Education Stock Performance

STRA opened at $121.06 on Thursday. The firm has a market capitalization of $2.98 billion, a P/E ratio of 41.74, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50. The stock’s 50 day moving average price is $101.89 and its two-hundred day moving average price is $94.19. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.04. Strategic Education has a 12-month low of $64.53 and a 12-month high of $121.29.

Strategic Education (NASDAQ:STRA) last announced its quarterly earnings data on Thursday, April 25th. The health services provider reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.51. Strategic Education had a return on equity of 5.52% and a net margin of 6.16%. The company had revenue of $290.25 million during the quarter, compared to the consensus estimate of $274.02 million. On average, equities analysts forecast that Strategic Education will post 4.61 earnings per share for the current year.

Insider Activity

In other news, CEO Raymond Karl Mcdonnell sold 12,820 shares of Strategic Education stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.99, for a total value of $1,230,591.80. Following the completion of the sale, the chief executive officer now directly owns 161,359 shares of the company’s stock, valued at approximately $15,488,850.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Raymond Karl Mcdonnell sold 12,820 shares of Strategic Education stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.99, for a total transaction of $1,230,591.80. Following the completion of the sale, the chief executive officer now directly owns 161,359 shares of the company’s stock, valued at $15,488,850.41. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Daniel Wayne Jackson sold 3,713 shares of Strategic Education stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $95.95, for a total value of $356,262.35. Following the transaction, the chief financial officer now owns 71,770 shares in the company, valued at $6,886,331.50. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STRA. Russell Investments Group Ltd. bought a new position in Strategic Education during the fourth quarter worth about $73,000. VisionPoint Advisory Group LLC lifted its holdings in Strategic Education by 27.8% during the third quarter. VisionPoint Advisory Group LLC now owns 1,084 shares of the health services provider’s stock worth $82,000 after acquiring an additional 236 shares in the last quarter. TFO Wealth Partners LLC lifted its holdings in Strategic Education by 118,000.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,181 shares of the health services provider’s stock worth $109,000 after acquiring an additional 1,180 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Strategic Education during the third quarter worth about $234,000. Finally, Everence Capital Management Inc. bought a new stake in shares of Strategic Education in the fourth quarter valued at about $236,000. 93.27% of the stock is currently owned by institutional investors.

Strategic Education Company Profile

Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through U.S. Higher Education, Australia/New Zealand, and Education Technology Services segments. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, education, health services, information technology, and public administration at physical campuses located in the eastern United States, as well as through online; non-degree web and mobile application development courses through Hackbright Academy and Devmountain; and MBA online through its Jack Welch Management Institute.