Brokerages Set Stride, Inc. (NYSE:LRN) Price Target at $121.83
2025-04-26T05:28:53Z
Stride, Inc. (NYSE:LRN – Get Free Report) has earned an average recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and fo…
Stride, Inc. (NYSE:LRN – Get Free Report) has earned an average recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $121.83.
Several research analysts have commented on the company. Canaccord Genuity Group lifted their target price on Stride from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. Barrington Research lifted their price objective on Stride from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Thursday, April 17th. Finally, BMO Capital Markets increased their target price on shares of Stride from $134.00 to $139.00 and gave the company an “outperform” rating in a research report on Tuesday, April 1st.
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Stride Stock Up 0.9 %
Shares of NYSE LRN opened at $140.90 on Wednesday. The company has a 50 day simple moving average of $130.65 and a 200 day simple moving average of $114.93. The company has a debt-to-equity ratio of 0.35, a current ratio of 6.02 and a quick ratio of 5.93. Stride has a 1 year low of $63.25 and a 1 year high of $146.49. The firm has a market cap of $6.14 billion, a PE ratio of 23.52, a price-to-earnings-growth ratio of 1.04 and a beta of 0.47.
Stride (NYSE:LRN – Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.11. Stride had a net margin of 12.30% and a return on equity of 22.42%. On average, research analysts forecast that Stride will post 6.67 EPS for the current year.
Institutional Investors Weigh In On Stride
Large investors have recently added to or reduced their stakes in the business. R Squared Ltd acquired a new position in shares of Stride during the 4th quarter valued at $37,000. Point72 Hong Kong Ltd acquired a new position in shares of Stride during the fourth quarter valued at about $41,000. CIBC Private Wealth Group LLC increased its position in Stride by 85.6% in the 4th quarter. CIBC Private Wealth Group LLC now owns 386 shares of the company’s stock valued at $42,000 after buying an additional 178 shares in the last quarter. Fifth Third Bancorp boosted its holdings in Stride by 158.8% in the first quarter. Fifth Third Bancorp now owns 383 shares of the company’s stock worth $48,000 after acquiring an additional 235 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its stake in Stride by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 400 shares of the company’s stock valued at $51,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 98.24% of the company’s stock.
Stride Company Profile
(Get Free Report
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.
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