Stride Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $43.97
- Today's High:
- $44.8
- Open Price:
- $44.18
- 52W Low:
- $30.66
- 52W High:
- $47.35
- Prev. Close:
- $44.28
- Volume:
- 314915
Company Statistics
- Market Cap.:
- $1.90 billion
- Book Value:
- 22.454
- Revenue TTM:
- $1.84 billion
- Operating Margin TTM:
- 9.01%
- Gross Profit TTM:
- $647.07 million
- Profit Margin:
- 6.91%
- Return on Assets TTM:
- 6.08%
- Return on Equity TTM:
- 14.42%
Company Profile
Stride Inc had its IPO on 2007-12-13 under the ticker symbol LRN.
The company operates in the Consumer Defensive sector and Education & Training Services industry. Stride Inc has a staff strength of 7,800 employees.
Stock update
Shares of Stride Inc opened at $44.18 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $43.97 - $44.8, and closed at $44.16.
This is a -0.27% slip from the previous day's closing price.
A total volume of 314,915 shares were traded at the close of the day’s session.
In the last one week, shares of Stride Inc have increased by +0.16%.
Stride Inc's Key Ratios
Stride Inc has a market cap of $1.90 billion, indicating a price to book ratio of 1.7698 and a price to sales ratio of 0.8279.
In the last 12-months Stride Inc’s revenue was $1.84 billion with a gross profit of $647.07 million and an EBITDA of $220.96 million. The EBITDA ratio measures Stride Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Stride Inc’s operating margin was 9.01% while its return on assets stood at 6.08% with a return of equity of 14.42%.
In Q2, Stride Inc’s quarterly earnings growth was a positive 55% while revenue growth was a positive 6.2%.
Stride Inc’s PE and PEG Ratio
- Forward PE
- 11.8483
- Trailing PE
- 14.8094
- PEG
- 0.5927
Its diluted EPS in the last 12-months stands at $2.99 per share while it has a forward price to earnings multiple of 11.8483 and a PEG multiple of 0.5927. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Stride Inc’s profitability.
Stride Inc stock is trading at a EV to sales ratio of 1.0343 and a EV to EBITDA ratio of 7.5004. Its price to sales ratio in the trailing 12-months stood at 0.8279.
Stride Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.76 billion
- Total Liabilities
- $309.14 million
- Operating Cash Flow
- $-47478000.00
- Capital Expenditure
- $17.60 million
- Dividend Payout Ratio
- 0%
Stride Inc ended 2024 with $1.76 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.76 billion while shareholder equity stood at $947.30 million.
Stride Inc ended 2024 with $0 in deferred long-term liabilities, $309.14 million in other current liabilities, 4000.00 in common stock, $354.33 million in retained earnings and $246.68 million in goodwill. Its cash balance stood at $410.81 million and cash and short-term investments were $410.81 million. The company’s total short-term debt was $50,070,000 while long-term debt stood at $413.04 million.
Stride Inc’s total current assets stands at $1.07 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $463.72 million compared to accounts payable of $48.85 million and inventory worth $36.72 million.
In 2024, Stride Inc's operating cash flow was $-47478000.00 while its capital expenditure stood at $17.60 million.
Comparatively, Stride Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $44.16
- 52-Week High
- $47.35
- 52-Week Low
- $30.66
- Analyst Target Price
- $49.67
Stride Inc stock is currently trading at $44.16 per share. It touched a 52-week high of $47.35 and a 52-week low of $47.35. Analysts tracking the stock have a 12-month average target price of $49.67.
Its 50-day moving average was $39.59 and 200-day moving average was $38.77 The short ratio stood at 12.88 indicating a short percent outstanding of 0%.
Around 514.9% of the company’s stock are held by insiders while 10191.4% are held by institutions.
Frequently Asked Questions About Stride Inc
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About
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 (K-12) in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. It serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was founded in 2000 and is headquartered in Reston, Virginia.