Stride Stock Fair Value – Barclays PLC Decreases Investment in Stride,
December 28, 2023
🌥️Trending News
Barclays PLC, a global financial services provider, has recently decreased its ownership in Stride ($NYSE:LRN), Inc., a tech-driven, venture-backed health insurance company. Stride has been revolutionizing the way that people access and use health insurance by using technology to make the process simpler and more affordable. The company offers a wide range of plans to fit their customers’ needs, and their platform enables consumers to shop for the best health insurance plan and quickly purchase it online. This decision by Barclays to reduce its stake in Stride is a sign of the times, as the disruption of traditional health insurance providers continues to grow.
Although Barclays is no longer heavily invested in Stride, investors are still being provided with the opportunity to buy shares in the company. With its innovative approach to health insurance and its commitment to providing cost-effective care for its customers, Stride is set to become an increasingly attractive option for investors.
Price History
On Thursday, Barclays PLC announced that it had decreased its investment in Stride, Inc. This news caused the stock of STRIDE to open at $60.0 and close at $59.2, a decrease of 0.6% from its previous closing price of 59.5. The decision by Barclays PLC to reduce its holdings in STRIDE appears to have been driven by a desire to minimize risk and focus on more stable investments. It remains to be seen how this news will impact the future of STRIDE, but analysts are cautiously optimistic that the company will remain strong. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Stride. More…
| Total Revenues | Net Income | Net Margin |
| 1.89k | 154.42 | 8.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Stride. More…
| Operations | Investing | Financing |
| 210.99 | -98.81 | -52.08 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Stride. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.77k | 809.15 | 22.11 |
Key Ratios Snapshot
Some of the financial key ratios for Stride are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.9% | 45.7% | 11.3% |
| FCF Margin | ROE | ROA |
| 7.7% | 14.0% | 7.5% |
Analysis – Stride Stock Fair Value
At GoodWhale, we have conducted a deep dive analysis of STRIDE’s financials. According to our proprietary Valuation Line, the fair value of STRIDE’s share is around $40.0. However, at the current time, STRIDE stock is traded at $59.2 – overvalued by 47.9%. We recommend that investors exercise caution when it comes to STRIDE stock, and wait for the market to correct itself before considering buying or selling. Stride“>More…
Peers
The company operates online and offline universities and colleges. As of March 31, 2019, the company operated 85 campuses in 29 states of the United States and Puerto Rico and enrolled approximately 75,200 students. The company’s primary competitors are Cogna Educacao SA, Perdoceo Education Corp, and Grand Canyon Education Inc.
– CognaEducacao SA ($OTCPK:COGNY)
Cogna Educacao SA is a leading provider of educational services in Brazil. The company offers a wide range of educational services, including primary and secondary education, higher education, and vocational training. Cogna Educacao SA has a market cap of 1.05B as of 2022 and a return on equity of 2.54%. The company’s primary and secondary education segment provides educational services to students aged 3 to 17 years. The higher education segment offers educational services to students aged 18 years and above. The vocational training segment provides vocational training to students aged 18 years and above.
– Perdoceo Education Corp ($NASDAQ:PRDO)
Perdoceo Education Corp has a market cap of 771.07M as of 2022, a Return on Equity of 16.14%. The company provides higher education services and products to colleges and universities. It offers online and on-campus undergraduate and graduate programs, as well as professional development courses. The company was founded in 1892 and is headquartered in Boston, Massachusetts.
– Grand Canyon Education Inc ($NASDAQ:LOPE)
As of 2022, Canyon Education Inc has a market cap of 2.8B and a ROE of 33.2%. The company provides educational services to students through its online platform. Canyon Education Inc has a strong market position and is well-positioned to continue its growth in the online education space.
Summary
Investors should take note of the recent news that Barclays PLC has reduced its stake in Stride, Inc. (STRIDE). This is significant as it signals a shift in the company’s outlook. Analysts have weighed in and point to several factors that may have impacted the investment decision. These include STRIDE’s lower-than-expected revenue growth, weak financial performance, and the lack of a clear catalyst for future growth.
Overall, it appears that investors are becoming increasingly cautious with investing in the stock, making it a risky bet in the short-term. Longer-term investors may want to consider other options as STRIDE faces a challenging economic environment.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
