Strayer Education Inc. (STRA) to Post Q1 2017 Earnings of $1.16 Per Share, First Analysis Forecasts
Strayer Education Inc. (NASDAQ:STRA) – Equities research analysts at First Analysis issued their Q1 2017 earnings estimates for Strayer Education in a report issued on Sunday. First Analysis analyst C. Greendale expects that the firm will post earnings per share of $1.16 for the quarter. First Analysis also issued estimates for Strayer Education’s FY2017 earnings at $4.22 EPS.
A number of other research analysts have also recently weighed in on STRA. Zacks Investment Research cut Strayer Education from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. BMO Capital Markets reiterated a “buy” rating and issued a $55.00 target price on shares of Strayer Education in a report on Thursday, July 28th. Finally, Credit Suisse Group AG reiterated a “hold” rating and issued a $53.00 target price on shares of Strayer Education in a report on Wednesday, August 31st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $50.75.
Shares of Strayer Education (NASDAQ:STRA) opened at 65.75 on Wednesday. The company has a 50 day moving average price of $50.02 and a 200-day moving average price of $48.35. Strayer Education has a 12 month low of $42.39 and a 12 month high of $65.99. The firm has a market capitalization of $698.00 million, a PE ratio of 19.64 and a beta of 0.88.
Strayer Education (NASDAQ:STRA) last released its quarterly earnings data on Wednesday, October 26th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. Strayer Education had a return on equity of 21.76% and a net margin of 8.30%. The business had revenue of $102.20 million for the quarter, compared to the consensus estimate of $102.62 million. During the same quarter in the prior year, the business posted $0.32 EPS. The business’s revenue for the quarter was up 3.1% on a year-over-year basis.
Several hedge funds and other institutional investors have recently modified their holdings of STRA. BlackRock Group LTD boosted its position in shares of Strayer Education by 5.8% in the first quarter. BlackRock Group LTD now owns 15,496 shares of the company’s stock worth $755,000 after buying an additional 855 shares in the last quarter. BlackRock Fund Advisors raised its stake in shares of Strayer Education by 1.1% in the first quarter. BlackRock Fund Advisors now owns 717,631 shares of the company’s stock worth $34,985,000 after buying an additional 7,736 shares during the last quarter. HBK Investments L P acquired a new stake in shares of Strayer Education during the first quarter worth about $283,000. BNP Paribas Arbitrage SA raised its stake in shares of Strayer Education by 108.9% in the second quarter. BNP Paribas Arbitrage SA now owns 3,620 shares of the company’s stock worth $178,000 after buying an additional 1,887 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Strayer Education by 0.4% in the second quarter. American Century Companies Inc. now owns 87,785 shares of the company’s stock worth $4,313,000 after buying an additional 354 shares during the last quarter. Institutional investors own 91.40% of the company’s stock.
About Strayer Education
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education services. The Company offers a range of academic programs through its subsidiaries, Strayer University, Inc (the University) and New York Code and Design Academy (NYCDA). The University offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration and criminal justice at approximately 80 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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