BidaskClub downgraded shares of Strayer Education (NASDAQ:STRA) from a hold rating to a sell rating in a research note released on Friday morning.

A number of other equities research analysts have also weighed in on STRA. Zacks Investment Research raised shares of Strayer Education from a sell rating to a buy rating and set a $94.00 price target for the company in a report on Tuesday, September 26th. Piper Jaffray Companies reiterated a hold rating and set a $87.00 price objective on shares of Strayer Education in a research note on Tuesday, October 17th. BMO Capital Markets reiterated an outperform rating and set a $118.00 price objective (up from $99.00) on shares of Strayer Education in a research note on Tuesday, October 31st. Finally, ValuEngine downgraded shares of Strayer Education from a buy rating to a hold rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $102.25.

Shares of Strayer Education (STRA) opened at $93.16 on Friday. The firm has a market cap of $1,039.46, a price-to-earnings ratio of 26.62 and a beta of 0.90. Strayer Education has a fifty-two week low of $71.31 and a fifty-two week high of $100.72.

Strayer Education (NASDAQ:STRA) last released its quarterly earnings results on Monday, October 30th. The health services provider reported $0.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.05). The firm had revenue of $108.50 million for the quarter, compared to analyst estimates of $107.54 million. Strayer Education had a net margin of 8.52% and a return on equity of 17.27%. Strayer Education’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.25 earnings per share. research analysts predict that Strayer Education will post 3.35 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of STRA. Victory Capital Management Inc. boosted its stake in Strayer Education by 15.1% during the 2nd quarter. Victory Capital Management Inc. now owns 1,680 shares of the health services provider’s stock valued at $157,000 after acquiring an additional 221 shares during the last quarter. Acadian Asset Management LLC bought a new position in Strayer Education during the 4th quarter valued at $190,000. Stifel Financial Corp bought a new position in Strayer Education during the 2nd quarter valued at $202,000. Crossmark Global Holdings Inc. bought a new position in Strayer Education during the 3rd quarter valued at $203,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Strayer Education in the 3rd quarter worth about $208,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this news story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The correct version of this news story can be viewed at https://theolympiareport.com/2018/01/23/bidaskclub-lowers-strayer-education-stra-to-sell.html.

Strayer Education Company Profile

Strayer Education, Inc is an education services holding company. The Company provides post-secondary education and other academic programs, through its subsidiaries, Strayer University (the University) and New York Code and Design Academy (NYCDA). As of December 31, 2016, the University offered undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration and criminal justice at 74 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.

Receive News & Ratings for Strayer Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strayer Education and related companies with MarketBeat.com's FREE daily email newsletter.