STRA Stock Summary and Trading Ideas (Strategic Education | NASDAQ:STRA)

Strategic Education Inc. is an education services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. The company operates through wholly-owned subsidiaries Strayer University and Capella University, both accredited post-secondary institutions of higher education located in the United States, as well as Torrens University, an accredited post-secondary institution of higher education located in Australia. It provide employees with access to affordable and industry relevant training, certificate, and degree programs. The reportable segments of the company are U.S. Higher Education, Australia/New Zealand, and Education Technology Services.

Strategic Education trades on the NASDAQ stock market under the symbol STRA.

As of April 18, 2024, STRA stock price climbed to $98.11 with 89,927 million shares trading.

STRA has a beta of 0.98, meaning it tends to be less sensitive to market movements. STRA has a correlation of 0.18 to the broad based SPY ETF.

STRA has a market cap of $2.41 billion. This is considered a Mid Cap stock.

Last quarter Strategic Education reported $303 million in Revenue and $1.68 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.34.

In the last 3 years, STRA stock traded as high as $111.95 and as low as $48.01.

The top ETF exchange traded funds that STRA belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

STRA stock has underperformed the market in the last year with a return of +8.3%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in STRA shares. However, STRA has outperformed the market in the last 3 month and 2 week periods, returning +8.1% and -3.7%, while SPY returned +6.1% and -3.8%, respectively. This indicates STRA has been having a stronger performance recently.

STRA support price is $96.45 and resistance is $99.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STRA stock will trade within this expected range on the day.