Analysts Set Strategic Education, Inc. (NASDAQ:STRA) Target Price at $132.25

Strategic Education, Inc. (NASDAQ:STRA) has received an average rating of “Buy” from the four brokerages that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a buy recommendation. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $126.00.

Several equities analysts have recently weighed in on the stock. Barrington Research reiterated an “outperform” rating and issued a $135.00 target price on shares of Strategic Education in a research note on Thursday, September 26th. BMO Capital Markets dropped their target price on Strategic Education from $130.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, August 1st. StockNews.com cut Strategic Education from a “buy” rating to a “hold” rating in a research report on Saturday, October 5th. Finally, Truist Financial dropped their price objective on Strategic Education from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th.

Insider Buying and Selling

In related news, Director Viet D. Dinh acquired 5,000 shares of the company’s stock in a transaction dated Friday, August 2nd. The stock was bought at an average cost of $95.59 per share, with a total value of $477,950.00. Following the acquisition, the director now owns 20,020 shares of the company’s stock, valued at approximately $1,913,711.80. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Strategic Education

A number of large investors have recently added to or reduced their stakes in STRA. Meeder Asset Management Inc. bought a new position in shares of Strategic Education during the second quarter valued at approximately $36,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Strategic Education in the 2nd quarter worth about $36,000. CWM LLC lifted its position in shares of Strategic Education by 2,650.0% in the 2nd quarter. CWM LLC now owns 330 shares of the health services provider’s stock worth $37,000 after purchasing an additional 318 shares during the period. Rothschild Investment LLC bought a new stake in shares of Strategic Education during the 2nd quarter valued at about $38,000. Finally, Innealta Capital LLC purchased a new position in shares of Strategic Education during the second quarter valued at about $38,000. Institutional investors own 93.27% of the company’s stock.

Strategic Education Price Performance

Strategic Education stock opened at $88.14 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is $92.79 and its 200 day simple moving average is $104.26. Strategic Education has a 12 month low of $76.94 and a 12 month high of $123.62. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 1.27 and a beta of 0.56.

Strategic Education (NASDAQ:STRA) last posted its quarterly earnings results on Wednesday, July 31st. The health services provider reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.14. Strategic Education had a return on equity of 7.47% and a net margin of 9.84%. The company had revenue of $312.30 million during the quarter, compared to the consensus estimate of $308.16 million. During the same quarter in the prior year, the company earned $0.82 EPS. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. Sell-side analysts forecast that Strategic Education will post 4.65 EPS for the current year.

Strategic Education Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, September 6th were given a $0.60 dividend. The ex-dividend date was Friday, September 6th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.72%. Strategic Education’s dividend payout ratio (DPR) is presently 56.87%.

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.