With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.76 million shares. The 52-week range on LRN shows that it touched its highest point at $162.30 and its lowest point at $63.25 during that stretch. It currently has a 1-year price target of $161.00. Beta for the stock currently stands at 0.36.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LRN was up-trending over the past week, with a rise of 3.97%, but this was up by 25.90% over a month. Three-month performance surged to 12.49% while six-month performance rose 68.33%. The stock gained 119.26% in the past year, while it has gained 50.76% so far this year. A look at the trailing 12-month EPS for LRN yields 6.40 with Next year EPS estimates of 7.59. For the next quarter, that number is 1.76. This implies an EPS growth rate of 46.70% for this year and 10.29% for next year. EPS is expected to grow by 22.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 38.85%.
Float and Shares Shorts:
At present, 43.49 million LRN shares are outstanding with a float of 41.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LRN since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.5775 being high and $4.49789 being low. For LRN, this leads to a yearly average estimate of $4.52774.
