Barclays Capital (BCS) Analysts Lower Price Target on Strayer Education, Inc. (STRA) to $94.00
Wednesday, August 24, 2021 2:55 PM

Equities research analysts at Barclays Capital (NYSE: BCS) lowered their price target on shares of Strayer Education, Inc. (NASDAQ: STRA) from $105.00 to $94.00 in a research note to investors on Wednesday. The analysts currently have an "equal weight" rating on the stock.

Separately, analysts at Sterne Agee upgraded shares of Strayer Education, Inc. from a "sell" rating to a "neutral" rating in a research note to investors on Wednesday. Also, analysts at Wunderlich initiated coverage on shares of Strayer Education, Inc. in a research note to investors on Friday, August 19th. They set a "hold" rating and a $110.00 price target on the stock.

Shares of Strayer Education, Inc. traded up 4.43% during mid-day trading on Thursday, hitting $93.14. Strayer Education, Inc. has a 52 week low of $81.90 and a 52 week high of $181.99. The stock's 50-day moving average is $120.8 and its 200-day moving average is $126.4. The company has a market cap of $1.082 billion and a price-to-earnings ratio of 9.16.

Strayer Education, Inc. last announced its quarterly results on Thursday, July 28th. The company reported $2.53 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $2.39 EPS by $0.14. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts predict that Strayer Education, Inc. will post $2.04 EPS next quarter.

Strayer Education, Inc. is a post-secondary education services corporation. The Company offers a range of academic programs through its wholly owned subsidiary Strayer University, Inc. (the University), both in classroom courses and online via the Internet. Strayer University is an institution of higher learning that offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health care, public administration and criminal justice at 78 physical campuses in Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, and Washington, D.C. As of December 31, 2009, the Company had more than 54,000 students enrolled in its programs. The Company has also developed a robust online education program.

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