Stride Inc Stock Today

LRN Stock  USD 58.20  0.10  0.17%   

Performance

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Odds Of Distress

Less than 3

 
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Stride is selling at 58.20 as of the 24th of April 2024; that is 0.17 percent up since the beginning of the trading day. The stock's open price was 58.1. Stride has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Stride Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain
Consumer Services
IPO Date
13th of December 2007
Category
Consumer Defensive
Classification
Consumer Discretionary
Stride, Inc., a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade in the United States and internationally. The company has 43.37 M outstanding shares of which 5.25 M shares are now shorted by investors with about 6.36 days to cover. More on Stride Inc

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Stride Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Stride's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Stride or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOStuart Udell
Thematic IdeaPersonal Services (View all Themes)
Business ConcentrationDiversified Consumer Services, Education & Training Services, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Personal Services, Consumer Discretionary, Diversified Consumer Services, Education & Training Services, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering Stride report their recommendations after researching Stride's financial statements, talking to executives and customers, or listening in on Stride's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Stride Inc. The Stride consensus assessment is calculated by taking the average forecast from all of the analysts covering Stride.
Financial Strength
Based on the measurements of operating efficiency obtained from Stride's historical financial statements, Stride Inc is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Stride Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.451.2
Fairly Up
Slightly volatile
Gross Profit Margin0.430.41
Sufficiently Up
Very volatile
Total Current Liabilities373.3 M355.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total608.9 M579.9 M
Sufficiently Up
Slightly volatile
Total Assets2.1 BB
Sufficiently Up
Slightly volatile
Total Current Assets1.3 B1.2 B
Sufficiently Up
Slightly volatile
Stride's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Stride's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Stride's financial leverage. It provides some insight into what part of Stride's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Stride's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Stride deploys its capital and how much of that capital is borrowed.
Liquidity
Stride cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 543.81 M in debt with debt to equity (D/E) ratio of 0.7, which is OK given its current industry classification. Stride Inc has a current ratio of 3.09, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Stride until it has trouble settling it off, either with new capital or with free cash flow. So, Stride's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Stride Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stride to invest in growth at high rates of return. When we think about Stride's use of debt, we should always consider it together with cash and equity.

Depreciation

133.26 Million
Stride Inc (LRN) is traded on New York Stock Exchange in USA. It is located in 11720 Plaza America, Reston, VA, United States, 20190 and employs 7,800 people. Stride is listed under Diversified Consumer Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stride's market, we take the total number of its shares issued and multiply it by Stride's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Stride Inc runs under Diversified Consumer Services sector within Consumer Discretionary industry. The entity has 43.37 M outstanding shares of which 5.25 M shares are now shorted by investors with about 6.36 days to cover. Stride Inc has about 410.81 M in cash with 203.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.86.
Check Stride Probability Of Bankruptcy
Ownership Allocation
Stride maintains a total of 43.37 Million outstanding shares. The majority of Stride Inc outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Stride to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Stride Inc. Please pay attention to any change in the institutional holdings of Stride Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Stride Ownership Details

Stride Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Stride jumping above the current price in 90 days from now is about 85.61%. The Stride Inc probability density function shows the probability of Stride stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Stride has a beta of 0.9354. This indicates Stride Inc market returns are highly reactive to returns on the market. As the market goes up or down, Stride is expected to follow. Additionally, stride Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 58.2HorizonTargetOdds Above 58.2
14.20%90 days
 58.20 
85.61%
Based on a normal probability distribution, the odds of Stride to move above the current price in 90 days from now is about 85.61 (This Stride Inc probability density function shows the probability of Stride Stock to fall within a particular range of prices over 90 days) .

Stride Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Stride that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Stride's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Stride's value.
InstituionRecorded OnShares
American Century Companies Inc2023-12-31
765.2 K
Nuveen Asset Management, Llc2023-12-31
697.6 K
Rockefeller Capital Management L.p.2023-12-31
643.6 K
Pictet Asset Manangement Sa2023-12-31
641.8 K
Palisade Capital Management Llc2023-12-31
641.2 K
Deutsche Bank Ag2023-12-31
601.9 K
Healthcare Of Ontario Pension Plan Trust Fund2023-12-31
599.8 K
Bank Of America Corp2023-12-31
573.9 K
Barclays Plc2023-12-31
543.1 K
Blackrock Inc2023-12-31
6.7 M
Vanguard Group Inc2023-12-31
4.9 M
View Stride Diagnostics

Stride Historical Income Statement

Stride Inc Income Statement is one of the three primary financial statements used for reporting Stride's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Stride Inc revenue and expense. Stride Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Stride's EBIT is very stable compared to the past year. As of the 24th of April 2024, EBITDA is likely to grow to about 351.8 M, while Research Development is likely to drop about 9.5 M. View More Fundamentals

Stride Stock Against Markets

Picking the right benchmark for Stride stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Stride stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Stride is critical whether you are bullish or bearish towards Stride Inc at a given time. Please also check how Stride's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Stride without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Stride Corporate Directors

Stride corporate directors refer to members of a Stride board of directors. The board of directors generally takes responsibility for the Stride's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Stride's board members must vote for the resolution. The Stride board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Andrew TischIndependent DirectorProfile
Robert CohenIndependent DirectorProfile
Victoria HarkerIndependent DirectorProfile
Aida AlvarezIndependent DirectorProfile

How to buy Stride Stock?

Before investing in Stride, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Stride. To buy Stride stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Stride. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Stride stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Stride Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Stride Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Stride Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Stride Stock please use our How to Invest in Stride guide.

Already Invested in Stride Inc?

The danger of trading Stride Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Stride is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Stride. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Stride Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Stride Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stride Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stride Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Stride Stock analysis

When running Stride's price analysis, check to measure Stride's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stride is operating at the current time. Most of Stride's value examination focuses on studying past and present price action to predict the probability of Stride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stride's price. Additionally, you may evaluate how the addition of Stride to your portfolios can decrease your overall portfolio volatility.
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Is Stride's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stride. If investors know Stride will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stride listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.083
Earnings Share
3.97
Revenue Per Share
45.654
Quarterly Revenue Growth
0.478
Return On Assets
0.0798
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stride's market value can be influenced by many factors that don't directly affect Stride's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.