Strayer Education Remains a Buy

Tags: stra
14 Jan 2:19am
Posted by ZacksResearch
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Strayer Education (STRA) offers undergraduate and graduate degree programs in accounting, business administration, education, information technology (IT), and public administration through Strayer University and Strayer University Online. Strayer University is committed to providing post-secondary education to working adult students so that they can advance in their careers and professional lives.

Financial results for the past eleven quarters have been above expectations and management's guidance for 2008 and 2009 portends continued double-digit EPS growth. The company benefits from positive pricing through annual 5% tuition increases. The 2009 tuition increase was announced concurrent with the third quarter earnings report.

In addition, the bad debt expense ratio has stabilized. Despite the stock's valuation being in the upper-half of the historical range, the stock is rated a Buy.

Read the full analyst report on STRA.




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