Strategic Education (NASDAQ:STRA) Earns Outperform Rating from Barrington Research

Strategic Education (NASDAQ:STRA)‘s stock had its “outperform” rating reaffirmed by investment analysts at Barrington Research in a research report issued on Thursday,Benzinga reports. They presently have a $135.00 target price on the health services provider’s stock. Barrington Research’s price target would suggest a potential upside of 39.94% from the company’s current price.

STRA has been the subject of several other research reports. BMO Capital Markets lowered their target price on shares of Strategic Education from $130.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, August 1st. StockNews.com downgraded Strategic Education from a “buy” rating to a “hold” rating in a report on Saturday, October 5th. Finally, Truist Financial lowered their target price on Strategic Education from $145.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Strategic Education presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.00.

Strategic Education Price Performance

STRA traded up $0.05 during trading on Thursday, reaching $96.47. 156,578 shares of the company traded hands, compared to its average volume of 128,700. Strategic Education has a 12-month low of $85.11 and a 12-month high of $123.62. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.57. The firm has a fifty day simple moving average of $90.63 and a 200 day simple moving average of $103.11. The company has a market cap of $2.38 billion, a P/E ratio of 19.67, a PEG ratio of 1.24 and a beta of 0.57.

Hedge Funds Weigh In On Strategic Education

Hedge funds and other institutional investors have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Strategic Education during the 2nd quarter valued at approximately $36,000. Meeder Asset Management Inc. acquired a new position in shares of Strategic Education in the second quarter worth about $36,000. CWM LLC boosted its stake in shares of Strategic Education by 2,650.0% during the 2nd quarter. CWM LLC now owns 330 shares of the health services provider’s stock worth $37,000 after acquiring an additional 318 shares in the last quarter. Innealta Capital LLC acquired a new stake in shares of Strategic Education during the 2nd quarter valued at about $38,000. Finally, Rothschild Investment LLC purchased a new position in shares of Strategic Education in the 2nd quarter valued at about $38,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

About Strategic Education

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.