Stride Inc (NYSE: LRN) has reported E.P.S. of $0.95 for its first fiscal quarter (ending September 30) versus $0.11 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $5.62 versus $3.64 for the same period a year ago.
Recent Price Action
On 10/22/24, Stride Inc (NYSE: LRN) stock declined slightly by -0.2%, closing at $64.49. Moreover, this decline was accompanied by exceptionally high trading volume at 289% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.6% during the last week.
Current PriceTarget Research Rating
LRN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Stride has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Stride has a neutral Appreciation Score of 56 but a very high Power Rating of 88, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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