Strayer Education Inc. (STRA) saw a big move last session, as the company’s shares fell by 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for STRA, as the stock is now down 13% since Mar 19.
The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks (0 increases, 0decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
STRA currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the schools sector is Universal Technical Institute, Inc. (UTI), which currently carries a Zacks Rank #1 (Strong Buy).
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