Analysts Set Strategic Education, Inc. (NASDAQ:STRA) Target Price at $124.25

Strategic Education, Inc. (NASDAQ:STRA) has earned an average rating of “Buy” from the four brokerages that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $124.25.

A number of research analysts recently issued reports on STRA shares. StockNews.com downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. Bank of America boosted their target price on shares of Strategic Education from $104.00 to $124.00 and gave the company a “buy” rating in a research report on Tuesday, March 5th. Barrington Research reiterated an “outperform” rating and set a $125.00 target price on shares of Strategic Education in a research report on Tuesday, April 9th. TheStreet upgraded shares of Strategic Education from a “c+” rating to a “b” rating in a research report on Thursday, February 29th. Finally, Truist Financial upgraded shares of Strategic Education from a “hold” rating to a “buy” rating and boosted their target price for the company from $110.00 to $125.00 in a research report on Wednesday, April 17th.

Insider Buying and Selling at Strategic Education

In other Strategic Education news, CFO Daniel Wayne Jackson sold 3,713 shares of the firm’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $95.95, for a total value of $356,262.35. Following the transaction, the chief financial officer now directly owns 71,770 shares of the company’s stock, valued at $6,886,331.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO Daniel Wayne Jackson sold 3,713 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $95.95, for a total transaction of $356,262.35. Following the transaction, the chief financial officer now directly owns 71,770 shares of the company’s stock, valued at $6,886,331.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Raymond Karl Mcdonnell sold 12,820 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $95.99, for a total transaction of $1,230,591.80. Following the transaction, the chief executive officer now directly owns 161,359 shares in the company, valued at $15,488,850.41. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Russell Investments Group Ltd. purchased a new stake in Strategic Education during the fourth quarter worth about $73,000. VisionPoint Advisory Group LLC increased its holdings in Strategic Education by 27.8% during the third quarter. VisionPoint Advisory Group LLC now owns 1,084 shares of the health services provider’s stock worth $82,000 after buying an additional 236 shares during the last quarter. TFO Wealth Partners LLC increased its holdings in Strategic Education by 118,000.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,181 shares of the health services provider’s stock worth $109,000 after buying an additional 1,180 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Strategic Education during the third quarter worth about $234,000. Finally, Everence Capital Management Inc. purchased a new stake in Strategic Education during the fourth quarter worth about $236,000. 93.27% of the stock is owned by institutional investors.

Strategic Education Trading Up 1.3 %

STRA opened at $100.65 on Monday. The company’s 50 day moving average price is $100.96 and its two-hundred day moving average price is $93.74. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.57 and a quick ratio of 1.57. Strategic Education has a fifty-two week low of $64.53 and a fifty-two week high of $111.95. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 1.18 and a beta of 0.50.

Strategic Education (NASDAQ:STRA) last posted its quarterly earnings data on Thursday, February 29th. The health services provider reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.34. Strategic Education had a net margin of 6.16% and a return on equity of 5.52%. The company had revenue of $302.70 million for the quarter, compared to analyst estimates of $297.48 million. During the same period in the prior year, the firm posted $0.78 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. As a group, research analysts predict that Strategic Education will post 4.6 earnings per share for the current year.

Strategic Education Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 18th. Shareholders of record on Monday, March 11th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Friday, March 8th. Strategic Education’s dividend payout ratio (DPR) is 82.76%.

Strategic Education Company Profile

Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through U.S. Higher Education, Australia/New Zealand, and Education Technology Services segments. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, education, health services, information technology, and public administration at physical campuses located in the eastern United States, as well as through online; non-degree web and mobile application development courses through Hackbright Academy and Devmountain; and MBA online through its Jack Welch Management Institute.