Stride Inc (NYSE: LRN) stock enjoyed a major increase of 39.1% on 10/23/24. The shares closed at $89.71. Moreover, exceptionally high trading volume at 756% of normal accompanied the advance. The stock has risen 27.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Stride has a neutral Appreciation Score of 56 but a very high Power Rating of 88, resulting in the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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