Stride (LRN) Expected to Announce Quarterly Earnings on Tuesday

Stride (NYSE:LRN) is expected to announce its earnings results after the market closes on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.92 per share and revenue of $569,760.00 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Stride Stock Performance

Shares of LRN opened at $119.43 on Friday. The firm has a market cap of $5.21 billion, a P/E ratio of 21.71, a PEG ratio of 0.88 and a beta of 0.32. Stride has a twelve month low of $54.81 and a twelve month high of $120.60. The company has a debt-to-equity ratio of 0.38, a quick ratio of 5.50 and a current ratio of 5.60. The firm’s 50 day moving average price is $108.10 and its two-hundred day moving average price is $90.39.

Wall Street Analyst Weigh In

LRN has been the topic of several research reports. Citigroup boosted their price objective on shares of Stride from $90.00 to $94.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. Canaccord Genuity Group boosted their price target on Stride from $94.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. StockNews.com cut Stride from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Morgan Stanley lifted their target price on Stride from $94.00 to $109.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Finally, BMO Capital Markets upped their price target on Stride from $84.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $102.50.

About Stride

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.