The Vanguard Group, Inc. has recently announced that it has increased stake in Strategic Education Inc. (NASDAQ:STRA) by 0.17%. After grabbing 2.55 million shares, the institutional investor is now in possession of 4392.0 shares of the Consumer Defensive Company. The new investment brought the stake of investor firm to 10.42% having worth around $199.64 million. Moreover, T. Rowe Price Investment Manageme increased its share by 1.6 million to have a control over 1.6 million shares. And Dimensional Fund Advisors LP raised its holdings to 91577.0 shares by acquiring 0.86 million shares or 3.51% of the stake.
Strategic Education Inc. (STRA) concluded trading on 01/19/23 at a closing price of $86.70, with 0.15 million shares of worth about $13.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.04% during that period and on Thursday the price saw a loss of about -0.20%. Currently the company’s common shares owned by public are about 24.45M shares, out of which, 23.78M shares are available for trading.
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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 3 analysts are covering the STRA stock and their offered price forecasts bring an average price target of $86.33. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $99.00 and could fall to a lowest price of $75.00. The stock’s current price level is -4.87% below of average price target set by the analysts, while a dip to estimated low would result in loss of -15.6% for the stock. However, touching the estimated high of $99.00 would mean a gain of 12.42% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 30 times over the past 12 months. They bought 244,218 shares in 21 of the transactions. In 9 selling transactions, insiders dumped 65,341 shares.
iShares Core S&P Small Cap ETF, T Rowe Price Mid Cap Value Fund, and T Rowe Price Small Cap Value Fund are the top 3 mutual funds which are holding stakes in Strategic Education Inc. iShares Core S&P Small Cap ETF is currently holding 1.65 million shares of worth totaling $128.94 million. The company recently came selling 1144.0 shares which brought its stake up to 6.73% of the company’s outstanding shares. T Rowe Price Mid Cap Value Fund sold 39421.0 shares, after which its hold over company’s outstanding shares shrunk to 5.01%, leaving 1.23 million shares with the mutual fund that have a worth of about $96.05 million. T Rowe Price Small Cap Value Fund, after buying 1.0 million shares, have now control over 4.08% of the stake in the company. It holds 39502.0 shares of worth $78.04 million.
Strategic Education Inc. (NASDAQ: STRA) started trading at $86.97, above $0.1 from concluding price of the previous day. However, the stock later moved at a day high price of 87.10, or with a loss of -0.20%. Stock saw a price change of -0.13% in past 5 days and over the past one month there was a price change of 8.35%. Year-to-date (YTD), STRA shares are showing a performance of 10.70% which increased to 49.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.01 but also hit the highest price of $89.76 during that period. The average intraday trading volume for Strategic Education Inc. shares is 112.76K. The stock is currently trading 4.57% above its 20-day simple moving average (SMA20), while that difference is up 7.12% for SMA50 and it goes to 23.65% higher than SMA200.
The Vanguard Group, Inc. acquired 2.55 million shares of Strategic Education Inc. having value of about $199.64 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 4392.0 shares in the company valued at close to $380786.4, or have control over 0.17% stake in the company. Strategic Education Inc. (NASDAQ: STRA) currently have 24.45M outstanding shares and institutions hold larger chunk of about 97.80% of that. Holding of mutual funds in the company is about 41.92% while other institutional holders and individual stake holders have control over 55.51% and 2.92% of the stake respectively.
The stock has a current market capitalization of $2.07B and its 3Y-monthly beta is at 0.54. PE ratio of stock for trailing 12 months is 41.70, while it has posted earnings per share of $2.08 in the same period. Its PEG reads 2.78 and has Quick Ratio of 1.50 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for STRA, volatility over the week remained 3.28% while standing at 2.79% over the month.
Analysts are in expectations that Strategic Education Inc. (STRA) stock would likely to be making an EPS of $0.26 in the current quarter, while forecast for next quarter EPS is $1.01 and it is $3.51 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.24 which is $0.29 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.59 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -39.50% while it is estimated to increase by 30.33% in next year. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of -6.60% made by the stock over the past 5-years.
Analysts at 3 brokerage firms have issued recommendations for the Strategic Education Inc. (STRA)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 3 Wall Street analysts, 2 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on April 30, 2021 offering a Neutral rating for the stock and assigned a target price range of between $103 and $85 to it. Coverage by BofA Securities stated Strategic Education Inc. (STRA) stock as a Buy in their note to investors on December 02, 2020, suggesting a price target of $107 for the stock. Stock get a Neutral rating from Sidoti on May 20, 2020.
