Stride Inc
LRN
Market Cap$7.12B
Close$
Earnings Call Q3 2023
April 25, 2023 - AI Summary
Stride reported strong third quarter results, with revenue of $470.3 million, an increase of 11.5% YoY.
The company saw continued growth in enrollments, particularly in the middle and high school career learning programs, which contributed to a revenue increase of 81% YoY.
General Education business revenue decreased by 8% YoY, but in-year enrollment growth was strong, indicating sustained demand for virtual options in K-12 education.
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$340.75
110% upside
Current Fair Value
110% upsideUndervalued by 110% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $7.12 Billion |
|---|---|
| Enterprise Value | $6.91 Billion |
| Dividend Yield | $- (-) |
| Earnings per Share | $6.69 |
| Beta | 0.11 |
| Outstanding Shares | 43,041,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 14.82 |
|---|---|
| PEG | 5.33 |
| Price to Sales | 2.95 |
| Price to Book Ratio | 4.77 |
| Enterprise Value to Revenue | 2.87 |
| Enterprise Value to EBIT | 30.88 |
| Enterprise Value to Net Income | 14 |
| Total Debt to Enterprise | 0.08 |
| Debt to Equity | 0.39 |
Revenue Sources
No data
Insider Trades
ESG Score
No data