Strategic Education Inc (NASDAQ: STRA) has reported earnings for its second fiscal quarter (ending June 30) of $1.28 versus $0.61 for the same period a year ago. E.P.S. were $5.01 for the latest four quarters through June 30 versus $1.56 for the same period a year ago.
Recent Price Action
Strategic Education Inc (NASDAQ: STRA) stock suffered a major decline of -12.8% on 7/31/24. The shares closed at $105.40. Moreover, exceptionally high trading volume at 264% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.4% during the last week.
Current PriceTarget Research Rating
STRA is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Strategic Education has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Strategic Education has a slightly negative Appreciation Score of 36 but a good Power Rating of 84, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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