Stride (LRN) Expected to Announce Earnings on Tuesday

Stride (NYSE:LRN) is expected to be announcing its earnings results after the market closes on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.92 per share and revenue of $569,760.00 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Stride Stock Performance

Shares of NYSE:LRN opened at $119.43 on Monday. The company has a current ratio of 5.60, a quick ratio of 5.50 and a debt-to-equity ratio of 0.38. Stride has a 12 month low of $54.81 and a 12 month high of $120.60. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 0.88 and a beta of 0.32. The firm’s 50-day moving average is $108.10 and its 200 day moving average is $90.56.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LRN shares. Barrington Research increased their price target on Stride from $100.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. Canaccord Genuity Group raised their price target on shares of Stride from $94.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. StockNews.com cut shares of Stride from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. BMO Capital Markets lifted their price target on shares of Stride from $84.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Morgan Stanley increased their price objective on Stride from $94.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.50.

About Stride

Stride, Inc, a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students.