(LRN) Stride - Ratings and Ratios

Stride Inc (NYSE:LRN) is a technology-driven education company providing a comprehensive suite of online curriculum, software, and educational services to clients in the United States and globally, facilitating personalized learning experiences for students from kindergarten to post-secondary education.

The companys diverse product and service portfolio includes integrated solutions for virtual and blended public schools, online courses, and supplemental educational materials for schools and districts, as well as career learning programs for adult learners under brands like Galvanize, Tech Elevator, and MedCerts, focusing on in-demand skills in IT, healthcare, and business.

Stride Incs customer base encompasses public and private schools, school districts, charter boards, consumers, employers, and government agencies, positioning the company for growth across multiple education sectors. The companys rebranding from K12 Inc to Stride Inc in December 2020 reflects its evolving business and expanding service offerings.

Analyzing the provided technical data, Stride Incs stock is currently priced at $145.46, below its 20-day SMA of $151.97 but above its 50-day SMA of $143.91, indicating a potential short-term downtrend but a longer-term uptrend. The stocks 200-day SMA of $114.30 suggests a strong long-term bullish trend. The ATR of 5.49 (3.78%) indicates moderate volatility.

Considering the fundamental data, Stride Inc has a market capitalization of $6.59 billion, a P/E ratio of 23.77, and a forward P/E of 19.88, indicating a relatively high valuation but with expected earnings growth. The companys RoE of 23.36% is strong, suggesting efficient use of shareholder capital.

Forecasting Stride Incs stock performance, we can expect the stock to be supported by its strong long-term trend and growth prospects in the education technology sector. However, the current short-term downtrend may continue if the stock fails to break through its resistance at $158.8. If it does break through, we can expect further upside. Conversely, a drop below the support at $141.4 may signal a further decline. Based on the technical and fundamental analysis, a potential price target for Stride Inc could be around $165-$170, representing a 13-17% upside from current levels, driven by the companys continued growth in its core business and expanding career learning programs.