In the last three months, 7 analysts have published ratings on Stride LRN, offering a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 4 | 2 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 2 | 1 | 0 | 0 |
3M Ago | 0 | 2 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $95.86, a high estimate of $109.00, and a low estimate of $88.00. Surpassing the previous average price target of $90.29, the current average has increased by 6.17%.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Stride's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Greg Parrish | Morgan Stanley | Raises | Equal-Weight | $109.00 | $94.00 |
Thomas Singlehurst | Citigroup | Raises | Neutral | $94.00 | $90.00 |
Jeffrey Silber | BMO Capital | Raises | Outperform | $88.00 | $84.00 |
Alexander Paris | Barrington Research | Raises | Outperform | $100.00 | $90.00 |
Jason Tilchen | Canaccord Genuity | Raises | Buy | $100.00 | $94.00 |
Alexander Paris | Barrington Research | Maintains | Outperform | $90.00 | $90.00 |
Alexander Paris | Barrington Research | Maintains | Outperform | $90.00 | $90.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Stride. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Stride compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Stride's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Stride's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Stride analyst ratings.
Delving into Stride's Background
Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
Stride's Financial Performance
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Stride's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 14.77%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Stride's net margin is impressive, surpassing industry averages. With a net margin of 7.42%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Stride's ROE excels beyond industry benchmarks, reaching 3.42%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Stride's ROA excels beyond industry benchmarks, reaching 2.1%. This signifies efficient management of assets and strong financial health.
Debt Management: Stride's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.46.
Analyst Ratings: What Are They?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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