Strategic Education hits near 4-yr high after earnings

Strategic Education

25/04/2024 20:17

** Strategic Education  STRA.O  shares up almost 16% at $116.63
after climbing to $116.88, highest level since Aug. 2020
    ** The education services company is on track for its
biggest daily pct gain since Feb 29 after reporting Q1 EPS 
    ** 4 analysts cover Strategic Education, with each holding
either a "buy" or "strong buy" rating; median price target of
$124.50 is up from $123.50 a month ago and $101.50 on Feb. 25 
    ** STRA shares up nearly 26% YTD vs 3% decline in S&P 600
consumer discretionary sector  .SPSMCD  
    ** At yesterday's close the mean 12-month forward
price-to-earnings ratio for STRA 20.51, 4.71% higher than it was
at the end of last year







 (Reporting by Chuck Mikolajczak)
 ((charles.mikolajczak@tr.com; @ChuckMik;))