Stride, Inc. (NYSE:LRN – Free Report) – Analysts at William Blair increased their Q2 2025 earnings per share (EPS) estimates for Stride in a report issued on Wednesday, October 23rd. William Blair analyst S. Sheldon now expects that the company will post earnings per share of $1.98 for the quarter, up from their previous forecast of $1.66. The consensus estimate for Stride’s current full-year earnings is $5.04 per share. William Blair also issued estimates for Stride’s FY2025 earnings at $6.52 EPS and FY2026 earnings at $7.27 EPS.
Stride (NYSE:LRN – Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.72. Stride had a net margin of 11.38% and a return on equity of 21.76%. The firm had revenue of $551.08 million during the quarter, compared to analysts’ expectations of $504.29 million. During the same quarter last year, the company posted $0.11 EPS. The firm’s quarterly revenue was up 14.8% on a year-over-year basis.
Read Our Latest Stock Report on LRN
Stride Stock Down 1.2 %
Shares of LRN opened at $91.25 on Friday. The company’s 50-day simple moving average is $79.68 and its 200-day simple moving average is $73.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.95 and a current ratio of 5.10. Stride has a 1 year low of $51.75 and a 1 year high of $92.75. The stock has a market capitalization of $3.95 billion, a PE ratio of 16.59, a P/E/G ratio of 0.64 and a beta of 0.26.
Hedge Funds Weigh In On Stride
Large investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC boosted its position in shares of Stride by 4.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 29,018 shares of the company’s stock valued at $1,830,000 after purchasing an additional 1,287 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Stride by 5.2% in the first quarter. Principal Financial Group Inc. now owns 231,274 shares of the company’s stock valued at $14,582,000 after acquiring an additional 11,495 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Stride by 17.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 31,262 shares of the company’s stock worth $1,971,000 after acquiring an additional 4,546 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Stride by 48.9% in the 1st quarter. Nordea Investment Management AB now owns 105,630 shares of the company’s stock valued at $6,698,000 after acquiring an additional 34,682 shares during the period. Finally, Texas Permanent School Fund Corp raised its position in Stride by 1.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 34,831 shares of the company’s stock valued at $2,196,000 after purchasing an additional 496 shares during the last quarter. Institutional investors and hedge funds own 98.24% of the company’s stock.
Stride Company Profile
Stride, Inc, a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students.
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