Stride (NYSE:LRN) Issues Quarterly Earnings Results

Stride (NYSE:LRN) posted its quarterly earnings results on Tuesday. The company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.11, Zacks reports. Stride had a return on equity of 21.23% and a net margin of 11.38%. Stride updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Stride Stock Up 1.3 %

Stride stock traded up $1.59 during trading hours on Tuesday, hitting $120.50. The company had a trading volume of 1,054,423 shares, compared to its average volume of 886,856. Stride has a fifty-two week low of $54.81 and a fifty-two week high of $121.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.60 and a quick ratio of 5.50. The firm has a market capitalization of $5.25 billion, a P/E ratio of 21.91, a price-to-earnings-growth ratio of 0.88 and a beta of 0.32. The firm’s fifty day moving average is $108.45 and its 200-day moving average is $90.92.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LRN shares. Canaccord Genuity Group upped their target price on Stride from $100.00 to $130.00 and gave the company a “buy” rating in a report on Monday. BMO Capital Markets upped their price objective 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. Morgan Stanley lifted their target price on shares of Stride from $94.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. StockNews.com downgraded shares of Stride from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Finally, Citigroup lifted their price objective on shares of Stride from $90.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $107.50.

Stride Company Profile

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.