Why Strayer Education (STRA) Could Be Positioned for a Surge?

Zacks

Strayer Education Inc. (STRA), providing post-secondary education services for working adults, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on STRA)’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames, suggesting that Strayer Education could be a solid choice for investors.

Current Quarter Estimates for STRA

In the past 30 days, 7 estimates have gone higher for Strayer Education with1 downward revision. The consensus estimate trend has been pretty favorable, with estimates increasing from $1.11 per share 30 days ago to $1.25 today, a move of 12.6%.

Current Year Estimates for STRA

Meanwhile, Strayer Education’s current year figures are also looking quite promising with 8 estimates moving higher in the past month while 2 estimates inched downward. The consensus estimate trend has also seen a boost for this time frame, increasing from $3.81 per share 30 days ago to $3.82 today, a move of 12.02%.

Bottom Line

The stock has also started to move higher lately, adding 28.0% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.

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STRAYER EDUCATION INC (STRA): Free Stock Analysis Report


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