Strayer Education, Inc. (NASDAQ:STRA) – Stock analysts at First Analysis increased their Q4 2017 earnings estimates for Strayer Education in a research note issued to investors on Sunday. First Analysis analyst C. Greendale now forecasts that the health services provider will post earnings of $1.40 per share for the quarter, up from their prior forecast of $1.24. First Analysis currently has a “Equal Weight” rating and a $95.00 target price on the stock.
Several other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Strayer Education from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th. BMO Capital Markets reissued a “buy” rating and set a $100.00 price target on shares of Strayer Education in a report on Thursday, May 4th. Piper Jaffray Companies reissued a “hold” rating on shares of Strayer Education in a report on Friday, July 21st. Finally, BidaskClub downgraded shares of Strayer Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $83.75.
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Strayer Education (STRA) opened at 81.42 on Tuesday. The company has a market capitalization of $871.28 million, a PE ratio of 25.29 and a beta of 0.90. Strayer Education has a 12-month low of $44.58 and a 12-month high of $95.74. The stock has a 50 day moving average of $90.55 and a 200 day moving average of $84.85.
Strayer Education (NASDAQ:STRA) last posted its quarterly earnings data on Wednesday, July 26th. The health services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.05. The business had revenue of $112.70 million during the quarter, compared to analysts’ expectations of $113.68 million. Strayer Education had a net margin of 7.90% and a return on equity of 17.65%. The business’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $0.72 earnings per share.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Tuesday, September 5th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Friday, September 1st. Strayer Education’s dividend payout ratio is presently 31.15%.
Several institutional investors have recently made changes to their positions in STRA. Victory Capital Management Inc. increased its position in shares of Strayer Education by 15.1% in the second quarter. Victory Capital Management Inc. now owns 1,680 shares of the health services provider’s stock worth $157,000 after buying an additional 221 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Strayer Education by 79.8% in the second quarter. State of Alaska Department of Revenue now owns 2,068 shares of the health services provider’s stock worth $192,000 after buying an additional 918 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Strayer Education during the first quarter worth $173,000. Mason Street Advisors LLC increased its position in shares of Strayer Education by 7.0% in the first quarter. Mason Street Advisors LLC now owns 2,438 shares of the health services provider’s stock worth $196,000 after buying an additional 159 shares in the last quarter. Finally, Stevens Capital Management LP bought a new position in shares of Strayer Education during the first quarter worth $200,000. 92.27% of the stock is owned by institutional investors.
Strayer Education Company Profile
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education and other academic programs, through its subsidiaries, Strayer University (the University) and New York Code and Design Academy (NYCDA). As of December 31, 2016, the University offered undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration and criminal justice at 74 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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