Strategic Education, Inc. (NASDAQ:STRA) Given Average Rating of “Buy” by Analysts

Strategic Education, Inc. (NASDAQ:STRA) has been given a consensus rating of “Buy” by the four analysts that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have issued a report 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 set a $135.00 price objective on shares of Strategic Education in a report on Tuesday, January 21st. Truist Financial dropped their price target on Strategic Education from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Finally, StockNews.com cut Strategic Education from a “buy” rating to a “hold” rating in a research note on Saturday, October 5th.

Institutional Trading of Strategic Education

Several institutional investors and hedge funds have recently modified their holdings of the stock. Calamos Advisors LLC bought a new stake in Strategic Education during the fourth quarter worth $2,330,000. R Squared Ltd bought a new stake in shares of Strategic Education in the 4th quarter worth $42,000. Pacer Advisors Inc. bought a new stake in shares of Strategic Education in the 4th quarter worth $96,000. KBC Group NV raised its holdings in shares of Strategic Education by 53.3% in the fourth quarter. KBC Group NV now owns 1,044 shares of the health services provider’s stock valued at $98,000 after purchasing an additional 363 shares during the last quarter. Finally, Exchange Traded Concepts LLC boosted its holdings in Strategic Education by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 8,113 shares of the health services provider’s stock worth $758,000 after purchasing an additional 205 shares during the last quarter. 93.27% of the stock is owned by hedge funds and other institutional investors.

Strategic Education Price Performance

Shares of Strategic Education stock opened at $96.44 on Wednesday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.15 and a beta of 0.58. The stock’s 50-day moving average is $96.23 and its 200 day moving average is $96.36. Strategic Education has a one year low of $85.11 and a one year high of $123.62.

Strategic Education (NASDAQ:STRA) last announced its quarterly earnings data on Thursday, November 7th. The health services provider reported $1.16 EPS for the quarter, topping the consensus estimate of $0.81 by $0.35. Strategic Education had a net margin of 10.44% and a return on equity of 7.61%. The company had revenue of $305.96 million during the quarter, compared to the consensus estimate of $301.62 million. During the same quarter last year, the firm posted $0.97 EPS. The company’s quarterly revenue was up 7.0% on a year-over-year basis. On average, sell-side analysts expect that Strategic Education will post 4.79 EPS for the current fiscal year.

Strategic Education Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.60 per share. The ex-dividend date was Monday, December 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.49%. Strategic Education’s dividend payout ratio (DPR) is currently 45.71%.

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.