The stock of Strayer Education Inc (NASDAQ:STRA) hit a new 52-week high and has $76.61 target or 4.00% above today’s $73.66 share price. The 7 months bullish chart indicates low risk for the $830.43 million company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $76.61 price target is reached, the company will be worth $33.22M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 73,155 shares traded hands. Strayer Education Inc (NASDAQ:STRA) has risen 54.37% since April 25, 2016 and is uptrending. It has outperformed by 48.35% the S&P500.
Analysts await Strayer Education Inc (NASDAQ:STRA) to report earnings on February, 2. They expect $1.16 EPS, down 4.13% or $0.05 from last year’s $1.21 per share. STRA’s profit will be $13.08M for 15.88 P/E if the $1.16 EPS becomes a reality. After $0.25 actual EPS reported by Strayer Education Inc for the previous quarter, Wall Street now forecasts 364.00% EPS growth.
Strayer Education Inc (NASDAQ:STRA) Ratings Coverage
Out of 2 analysts covering Strayer Education Inc. (NASDAQ:STRA), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Strayer Education Inc. has been the topic of 3 analyst reports since October 29, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Credit Suisse on Wednesday, February 3.
According to Zacks Investment Research, “STRAYER EDUCATION, INC. The College is a regional proprietary institution of higher education offering undergraduate and graduate degree programs to more than 7,000 students at eight campuses in Washington, D.C. and Northern Virginia.”
Insitutional Activity: The institutional sentiment decreased to 0.86 in 2016 Q2. Its down 0.16, from 1.02 in 2016Q1. The ratio dived, as 19 funds sold all Strayer Education Inc shares owned while 42 reduced positions. 14 funds bought stakes while 48 increased positions. They now own 10.12 million shares or 0.68% less from 10.19 million shares in 2016Q1.
Morgan Stanley has 58,324 shares for 0% of their US portfolio. Citigroup holds 0% or 6,327 shares in its portfolio. Blackrock Mgmt Ltd Company has invested 0% of its portfolio in Strayer Education Inc (NASDAQ:STRA). Alps Advsr Incorporated last reported 0% of its portfolio in the stock. Great West Life Assurance Can has 0% invested in the company for 1,219 shares. Teachers Retirement Of The State Of Kentucky accumulated 0% or 2,800 shares. Louisiana State Employees Retirement Systems accumulated 0.01% or 4,900 shares. State Common Retirement Fund has invested 0% of its portfolio in Strayer Education Inc (NASDAQ:STRA). Millennium Lc last reported 0% of its portfolio in the stock. Federated Pa last reported 23,899 shares in the company. The Iowa-based Principal Financial Gru Inc has invested 0.01% in Strayer Education Inc (NASDAQ:STRA). Ajo Limited Partnership reported 25,008 shares or 0.01% of all its holdings. Oxford Asset Mgmt has invested 0.17% of its portfolio in Strayer Education Inc (NASDAQ:STRA). Secor Capital Advisors Limited Partnership last reported 0.19% of its portfolio in the stock. Blackrock Advsrs Lc has 5,257 shares for 0% of their US portfolio.
Insider Transactions: Since August 8, 2016, the stock had 0 insider buys, and 1 sale for $3,642 net activity. $3,642 worth of Strayer Education Inc (NASDAQ:STRA) was sold by Aprahamian Thomas J on Monday, August 8.
More recent Strayer Education Inc (NASDAQ:STRA) news were published by: Businesswire.com which released: “Strayer Education, Inc. Acquires the New York Code and Design Academy” on January 15, 2016. Also Marketwatch.com published the news titled: “/quotes/zigman/3870025/realtime” on December 21, 2009. Businesswire.com‘s news article titled: “Strayer Education, Inc. Reports Second Quarter Revenues and Earnings; and …” with publication date: July 27, 2016 was also an interesting one.
STRA Company Profile
Strayer Education, Inc., incorporated on May 10, 1996, is an education services holding company. The Firm provides post-secondary education services. The Firm 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. The University also offers an executive Master of Business Administration (MBA) online through its Jack Welch Management Institute. The Company’s subsidiary, NYCDA, provides non-degree courses in Web and application software development, primarily at its campus in New York City.
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