Strategic Education Inc [NASDAQ: STRA] loss -0.10% or -0.09 points to close at $87.48 with a heavy trading volume of 122862 shares.
The daily chart for STRA points out that the company has recorded -7.78% loss over the past six months.
If we look at the average trading volume of 213.49K shares, STRA reached to a volume of 122862 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Strategic Education Inc [STRA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STRA shares is $102.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STRA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for Strategic Education Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 17, 2024. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $99 to $90. The new note on the price target was released on August 18, 2023, representing the official price target for Strategic Education Inc stock. Previously, the target price had yet another raise to $85, while Truist analysts kept a Hold rating on STRA stock.
The Average True Range (ATR) for Strategic Education Inc is set at 2.26, with the Price to Sales ratio for STRA stock in the period of the last 12 months amounting to 1.71. The Price to Book ratio for the last quarter was 1.29, with the Price to Cash per share for the same quarter was set at 8.05. Price to Free Cash Flow for STRA in the course of the last twelve months was 18.23 with Quick ratio for the last quarter at 1.23.
Trading performance analysis for STRA stock
Strategic Education Inc [STRA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.11. With this latest performance, STRA shares gained by 9.32% in over the last four-week period, additionally sinking by -7.78% over the last 6 months – not to mention a drop of -25.04% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STRA stock in for the last two-week period is set at 54.67, with the RSI for the last a single of trading hit 50.65, and the three-weeks RSI is set at 54.14 for Strategic Education Inc [STRA]. The present Moving Average for the last 50 days of trading for this stock 83.41, while it was recorded at 88.84 for the last single week of trading, and 91.22 for the last 200 days.
Strategic Education Inc [STRA]: A deeper dive into fundamental analysis
Strategic Education Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.23 and a Current Ratio set at 1.23.
An analysis of Institutional ownership at Strategic Education Inc [STRA]
There are presently around $94.55%, or 97.82%% of STRA stock, in the hands of institutional investors. The top three institutional holders of STRA stocks are: BLACKROCK INC. with ownership of 3.51 million shares, which is approximately 14.982%. VANGUARD GROUP INC, holding 2.58 million shares of the stock with an approximate value of $$285.35 million in STRA stocks shares; and VANGUARD GROUP INC, currently with $$285.18 million in STRA stock with ownership which is approximately 10.9932%.