Stride, Inc. (NYSE:LRN – Free Report) – Equities researchers at William Blair increased their Q2 2025 earnings per share (EPS) estimates for shares of Stride in a report released on Wednesday, October 23rd. William Blair analyst S. Sheldon now expects that the company will post earnings per share of $1.98 for the quarter, up from their prior forecast of $1.66. The consensus estimate for Stride’s current full-year earnings is $5.04 per share. William Blair also issued estimates for Stride’s FY2025 earnings at $6.52 EPS and FY2026 earnings at $7.27 EPS.
Several other brokerages also recently weighed in on LRN. BMO Capital Markets increased their price target on Stride from $84.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday. Citigroup downgraded Stride from a “buy” rating to a “neutral” rating and boosted their price target for the company from $77.00 to $90.00 in a report on Tuesday, August 20th. Canaccord Genuity Group raised their price objective on shares of Stride from $94.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday. Barrington Research boosted their target price on shares of Stride from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, StockNews.com lowered shares of Stride from a “buy” rating to a “hold” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.50.
Stride Stock Down 1.2 %
NYSE:LRN opened at $91.25 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.10 and a quick ratio of 4.95. The company’s fifty day moving average price is $79.68 and its 200-day moving average price is $73.09. Stride has a 1-year low of $51.75 and a 1-year high of $92.75. The firm has a market capitalization of $3.95 billion, a P/E ratio of 16.59, a PEG ratio of 0.64 and a beta of 0.26.
Stride (NYSE:LRN – Get Free Report) last issued its earnings results on Tuesday, October 22nd. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.72. Stride had a return on equity of 21.76% and a net margin of 11.38%. The firm had revenue of $551.08 million for the quarter, compared to analyst estimates of $504.29 million. During the same quarter in the prior year, the firm earned $0.11 earnings per share. Stride’s revenue for the quarter was up 14.8% on a year-over-year basis.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. William Blair Investment Management LLC lifted its position in shares of Stride by 20.1% in the second quarter. William Blair Investment Management LLC now owns 2,122,102 shares of the company’s stock valued at $149,608,000 after acquiring an additional 355,614 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of Stride by 2.7% during the first quarter. Janus Henderson Group PLC now owns 1,154,995 shares of the company’s stock worth $72,821,000 after buying an additional 30,854 shares in the last quarter. Swedbank AB acquired a new stake in shares of Stride in the first quarter valued at about $60,385,000. Vaughan Nelson Investment Management L.P. purchased a new position in shares of Stride in the second quarter worth about $43,387,000. Finally, Price T Rowe Associates Inc. MD boosted its position in Stride by 641.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 508,444 shares of the company’s stock worth $32,058,000 after acquiring an additional 439,911 shares during the last quarter. 98.24% of the stock is owned by hedge funds and other institutional investors.
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.
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