Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Strayer Education (STRA) Share Price

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Press coverage about Strayer Education (NASDAQ:STRA) has trended somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Strayer Education earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the health services provider an impact score of 46.7191601821703 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of STRA stock traded up $1.65 on Friday, hitting $138.22. The stock had a trading volume of 125,532 shares, compared to its average volume of 132,341. The company has a market capitalization of $1.53 billion, a P/E ratio of 44.44, a PEG ratio of 2.98 and a beta of 0.89. Strayer Education has a one year low of $80.75 and a one year high of $138.97.

Strayer Education (NASDAQ:STRA) last announced its earnings results on Wednesday, August 1st. The health services provider reported $0.87 EPS for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.03. The business had revenue of $114.70 million during the quarter, compared to the consensus estimate of $115.65 million. Strayer Education had a net margin of 3.14% and a return on equity of 18.39%. The firm’s revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 earnings per share. analysts predict that Strayer Education will post 4.54 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 7th. Shareholders of record on Friday, August 31st were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, August 30th. This is an increase from Strayer Education’s previous quarterly dividend of $0.25. This represents a $2.00 dividend on an annualized basis and a yield of 1.45%. Strayer Education’s payout ratio is currently 64.31%.

Several research firms recently weighed in on STRA. ValuEngine upgraded Strayer Education from a “hold” rating to a “buy” rating in a report on Tuesday, August 28th. Piper Jaffray Companies lifted their price objective on Strayer Education to $165.00 and gave the company an “overweight” rating in a report on Thursday, August 2nd. BidaskClub upgraded Strayer Education from a “hold” rating to a “buy” rating in a report on Saturday, June 23rd. Zacks Investment Research downgraded Strayer Education from a “buy” rating to a “hold” rating in a report on Monday, July 30th. Finally, BMO Capital Markets lifted their price objective on Strayer Education to $152.00 and gave the company an “outperform” rating in a report on Friday, August 24th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $142.40.

In other Strayer Education news, insider J Kevin Gilligan sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $136.55, for a total value of $682,750.00. Following the completion of the transaction, the insider now directly owns 126,237 shares in the company, valued at $17,237,662.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Robert S. Silberman sold 34,000 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $123.05, for a total transaction of $4,183,700.00. The disclosure for this sale can be found here. Insiders sold 192,000 shares of company stock valued at $23,993,330 over the last quarter. 6.70% of the stock is currently owned by corporate insiders.

Strayer Education Company Profile

Strayer Education, Inc, through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The company operates Strayer University that provides undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice to working adult students through its 74 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Insider Buying and Selling by Quarter for Strayer Education (NASDAQ:STRA)

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