Stride Inc (NYSE:LRN) currently has a daily average trading volume of 780.59K but it saw 390557 shares traded in last market. With a market cap of 6.31B USD, the company’s current market price of $144.88 came rising about 0.26 while comparing to the previous closing price of $144.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $162.30 and as low as $63.25.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which downgraded the stock as “Neutral” in its note to investors issued on August 20, 2024, recommending a price target of between $77 and $90 for it. Morgan Stanley also issued its recommendations for the stock as it downgraded the price target for the stock is $46.
Over the week, LRN’s stock price is moving 1.81% up while it is -7.69% when we observe its performance for the past one month. Year-to-date it is 39.40% up and over the past year, the stock is showing an upside performance of 113.97%.
Currently, Stride Inc’s total number of outstanding shares is 43.49M. Company’s return on investment (ROI) stands at 15.57% and return on equity (ROE) at 23.76%. It has a price to earnings ratio (P/E ratio) of 22.62 while having a 19.21 of forward P/E ratio. Stock’s beta reads 0.36. Stock has a price to book (P/B) ratio of 4.45 while price to sale or P/S ratio amounts to 2.76. Its return on asset (ROA) is 14.60% on average.
