K12 upgraded to Overweight By First Analysis
August 10, 2016 10:01 am
Writer: Camille Ainsworth
US Broker Ratings
In an analyst rating update on Wednesday shares of K12 (NYSE:LRN) had their rating upgraded by analysts at First Analysis.
The broker said it has now set a ‘Overweight’ rating on shares of K12 with a price target of 14. The price target according to the broker shows a possible increase of 23.35% from the current stock price of 11.35.
Over the last twelve months K12’s share price has decreased from 14.88 to 11.35, changing by -23.72%.
The companies 50 day moving average is 12.68 and its 200 day moving average is 11.16. The 52 week high K12’s shares have peaked at is 15 whilst the 52 week low for the company’s shares is 7.11.
K12 has 37,492,000 shares which are currently outstanding with a price of 11.35 calculating K12’s market capitalisation to 425.53M USD .
K12 Inc. (K12) is a technology-based education company. The Company offers curriculum, software systems and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade (K-12). It provides a range of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families. The Company offers a set of products and services primarily to three lines of business, which include public school programs, which consists of managed programs and non-managed programs, Institutional Sales, which includes educational products and services sold to school districts, public schools and other educational institutions that it does not manage and international and private pay schools, which consists of private schools. The Company offers a range of learning applications, which include mobile learning, interactive games, virtual labs, e-book and digital book distribution.
K12 Inc (NYSE:LRN) Expected to Report $-0.26 Per Share
Oct 12, 2015
All eyes will be on K12 Inc (NYSE:LRN) when the firm issues their quarterly earnings report, which is expected to go out this week. Analysts on Wall Street, on a consensus basis, are expecting the firm to report earnings of $-0.26 per share for the fiscal quarter. In comparing to last quarter, K12 Inc posted EPS of $0.18 for the period which ended on 2015-06-30.
Investors will be paying particularly close attention to how the expected EPS consensus number compares to the actual reported EPS. If the actual greatly differs from the consensus estimate, then a sharp price movement is likely in the days following the report. Last quarter the firm posted a surprise factor of 100. Before the earnings announcement, the standard deviation for the earnings per share estimates was 0.
Now taking a look at where research firms see the stock heading short term, the analyst consensus price target for K12 Inc (NYSE:LRN) is currently at $N/A. There are N/A analysts in total total that contribute to the Zacks consensus target. The most bearish price target has the stock at $N/A within the year. The most bullish analyst price target sees the stock at $N/A.
K12 Inc (NYSE:LRN) has an average broker recommendation of 2. This is based on a scale of 1 to 5 where a 1 would constitute a strong buy and 5 represents a strong sell recommendation. This number is based on the average of N/A brokers polled by Zacks Research. Comparatively, the stock had a rating of 2 three months ago.
Eye on Earnings: K12 Inc (NYSE:LRN)
Jul 28, 2015 Markets Staff
Sell-side analysts are expecting K12 Inc (NYSE:LRN) to report quarterly earnings per share of $0.09 for the quarter ending 2015-06-30. This consensus figure is based on N/A firms providing estimates. Investors will be paying close attention to whether the company misses or beats this number. The company is slated to report earnings on or around 2015-08-04.
K12 Inc (NYSE:LRN) posted a surprise factor of 18.42% for the previous quarter where the analyst consensus EPS estimate turned out to be $0.07 away from the reported actual number of $0.45. Before reporting, the standard deviation stood at $0.01.
Predicted Stock Movement
Over the next year, covering analysts have a consensus price target on the stock of $N/A. This number stems from N/A firms that are providing projections on the stock. Out of these analysts, the high projection stands at $N/A while the low projection sees the stock at $N/A over the next 52 weeks. The standard deviation of the price targets stands at $N/A.
K12 Inc (NYSE:LRN) has a current consensus rating of 2. On this scale a one would represent a Strong Buy while a five rating would indicate a Strong Sell. Keeping an eye on the ratings trend, the equity had a three-months ago rating of 2.
Will K12 Inc (NYSE:LRN) Keep up with Analyst Expectations?
K12 Inc (NYSE:LRN) reported an earnings surprise of 18.42% when the company last reported earnings for the period ending on 2015-06-30. The reported EPS of $0.45 was $0.07 away from what Wall Street analysts had expected. A significant surprise factor often results in stock volatility and sharp price movements following the earnings announcement. In terms of sales expectations, the surprise factor in per share dollar terms was $5.433 away from what analysts had projected for the quarter, or a difference of 2.271%.
Looking ahead, K12 Inc (NYSE:LRN) is expected to issue their next earnings release for the current quarter on 2015-08-13. Wall Street analysts surveyed by Zacks Research are projecting earnings per share of $0.09. This is the consensus number based on the N/A estimates taken into account. Investors will be closely watching the EPS estimate movement leading up to the expected report date.
Brokerage firm analysts covering the stock are estimating that the stock will reach $N/A on a short term basis. This is the consensus price target based on the N/A polled by Zacks Research. The highest estimate stands at N/A while the lowest target is $N/A.
Zacks uses a simplified rating system, assigning a number from 1 to 5 for each analyst rating, where 1 represents a Strong Buy recommendation and 5 a Strong Sell. Based on the analysts taken into account by Zacks, the average rating currently stands at 2 for K12 Inc. When analysts were polled 3 months ago, the rating stood at 2.
K12 Inc. (K12) is a technology-based education company. K12 offers curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, or K-12. The Company provides a continuum of technology-based educational products and solutions to districts, public schools, private schools, charter schools and families. Its products include Curriculum, Pre-K and K-8 Courses, Online School Platform-Learning Management System, High School Courses, Innovative Learning Applications, School Management Systems and PEAK12. Its managed public schools includes Full-time virtual schools and Blended schools, which includes Flex schools, Passport schools, Discovery schools and Other blended schools. Its international and private pay business includes Managed private schools, The Keystone School, George Washington University Online HS, K12 International Academy, IS Berne, WEB and Independent course sales (Consumer).
K12 Inc Price Target Update
K12 Inc (NYSE:LRN): The mean short term price target for K12 Inc (NYSE:LRN) has been established at $14 per share. The higher price target estimate is at $14 and the lower price target estimate is expected at $14 according to 1 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $0
The short interest information of the company was disclosed in the recent information. The short interest in K12 Inc (NYSE:LRN) has increased from 583,024 on January 30,2015 to 824,325 on February 13,2015. The change was measured at 241,301 shares or 41.4%. The leftover shorts were 2.7% of the floated shares. The days to cover are 2, given the average daily volume of 355,730 shares.
Wells Fargo downgrades its view on K12 Inc (NYSE:LRN) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Earlier, the counter had a rating of Outperform.
K12 Inc (NYSE:LRN) rose 3.91% or 0.65 points in daily trade. The stock opened at $16.57 and increased volatility pushed the price to extremes of $17.32 and $16.57, before the session concluded the last trade at $17.28. The rising volatility also led to a sharp increase in volume which was recorded at 290,341 shares. The previous session of the stock had ended at $16.63. The yearly nadir of the share price is $10.07 and the yearly zenith is $26.2. The market cap of the scrip is $664 million and the company has 38,412,000 shares in free circulation.
K12 Inc. Analyst Rating Update
Feb 20, 2015 by Mark Barry
K12 Inc. (NYSE:LRN) has received a Neutral rating from research analysts at Zacks with a rank of 3. The company has been rated an average of 2.2 by 5 Wall Street Analysts. 2 analysts have added the counter in their list of strong buys. 3 broker firms see some more upside in the counter and have advised hold.
K12 Inc. (NYSE:LRN) shares are expected to touch $14 in the short term. This short term price target has been shared by 1 analysts. However, the standard deviation of short term price estimate has been valued at 0. The target price could hit $14 on the higher end and $14 on the lower end.
K12 Inc. (NYSE:LRN) has a short ratio of 2.4 , which means that the counter should take 2.4 days to cover the total short interest. A high short ratio indicates a high build-up of short positions in the counter whereas a low short ratio implies that there are fewer short positions. The average daily volume for the last 20 days is 357,463 shares. The volume traded during the last 20 days is 0.93% of the total outstanding shares. The 1-month %change in short interest is -38.82%.The shares have witnessed a change of -79.48% in short interest in the past 3 months. The total monthly shares shorted are 0.016 times the total common shares outstanding.
K12 Inc. (NYSE:LRN) ended the most recent trading session with positive gains. The shares of the K12 Inc. (NYSE:LRN), which opened the session at $17.03, peaked out after touching $17.71 and closed the day with a gain of 0.12% or 0.02 points at $17.29. The bulls had to fight hard to eke out gains as some serious selling pressure caused a price nosedive pushing the price towards $17.03, which was the days low. At close, the volume was recorded at 227,745 shares. The market cap of the company stands at $664 million and the number of shares outstanding is 38,412,000.
K12 Inc. Receives Average Target Price of $14
K12 Inc. (NYSE:LRN): 1 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $14 in K12 Inc. (NYSE:LRN). However, the stock price could fluctuate by $ 0 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $14 price target with the lower price estimate is calculated at $14The information is based on average recommendation on company rating and price target for short term (6 to 12 months) .
Shares of K12 Inc. (NYSE:LRN) ended the trading session higher after solid profit booking was seen in the counter during day trade. The trading commenced with the first trade executed at $15.03 and concluded with a gain of 0.63 points or 4.2% at $15.62. Intraday, some money was taken off the table which saw the price dip to $15.03. The volume at the end of the trading session was 652,549 shares. The 52-week high of the shares is $26.2 and the 52-week low is $10.07. The market cap of the company is $600 million and there are 38,412,000 shares in public circulation.
K12 Inc. (NYSE:LRN) has witnessed a colossal rise of 1.6% or 9,212 shares in its short figure. The short interest augmentation took it from 590,809 on December 31,2014 to 600,021 on January 15,2015. In terms of floated shares, the short interest was calculated to be 1.9%. The days to cover are 3 given that the daily volume averaged 235,139 shares.
K12 Inc. (K12) is a technology-based education company. K12 offers curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, or K-12. The Company provides a continuum of technology-based educational products and solutions to districts, public schools, private schools, charter schools and families. Its products include Curriculum, Pre-K and K-8 Courses, Online School Platform-Learning Management System, High School Courses, Innovative Learning Applications, School Management Systems and PEAK12. Its managed public schools includes Full-time virtual schools and Blended schools, which includes Flex schools, Passport schools, Discovery schools and Other blended schools. In June 2014, it sold its select businesses to Safanad Education Ventures Limited (Safanad Limited).
Company Short Term Price Targets: K12 Inc , Henry Schein
K12 Inc (NYSE:LRN) stock has received a short term price target of $ 14 from 1 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0. The higher estimate of target price is $14 , while the lower price target estimate is $14.K12 Inc (NYSE:LRN) has posted gains of 1.3% or 0.15 points. After opening at $11.6, the shares hit an intraday high of $11.77 and an intraday low of $11.34, before closing the session at $11.65. The shares had closed the previous session at $11.5. The volume recorded at the end of the day stood at 436,035 shares. Traders and speculators must note that K12 Inc (NYSE:LRN) has a 52-week high of $26.2. The company has a market cap of $446 million with the total number of outstanding shares at 38,289,000. The 52-week low of the price is $11.48.
Henry Schein (NASDAQ:HSIC): 8 analysts have set the short term price target of Henry Schein (NASDAQ:HSIC) at $130.75. The standard deviation of short term price target has been estimated at $20.33, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 156 and $87 respectively..Henry Schein (NASDAQ:HSIC) faced a 0.01% cut in its share price in the most recent trading session. Bearish sentiments were clearly visible in the counter as the shares, which had opened at $136.53, failed to make any significant gains due to the relentless selling pressure, which saw the share price drop to $136.19. The last trade was registered at $137.18, down 0.02 points, and the volume was measured at 434,799 shares. The shares had closed the previous day trading session at $137.2. The company has a market cap of $11,553 million and the 52-week high of the share price is $138.22.
K12 Inc (NYSE:LRN): The mean short term price target for K12 Inc (NYSE:LRN) has been established at $14 per share. The higher price target estimate is at $14 and the lower price target estimate is expected at $14 according to 1 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $0 K12 Inc (NYSE:LRN) had a negative trading session as its shares witnessed value erosion in thin trade. The shares ended the day with a depreciation of 0.11 points or 0.9% at $12.14, in a dull session. The share price had touched an intraday high of $12.37 and an intraday low of $11.99 with the number of traded shares hitting 729,478. The shares had closed the previous day trading session at $12.25. The share price has a 52-week high of $26.2 and a 52-week low of $11.62. The market cap of the company, which has 38,289,000 outstanding shares, is $465 million.
UPDATE: Morgan Stanley Reiterates on K12 as FY14 Rev Guide is a Little Light
Dwight Einhorn, Benzinga Staff Writer
February 05, 2014 9:25 AM
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K12 Guides FY 14 Rev $905-925M; Street Was Looking for $944M
Market Wrap for Wednesday, October 9: Yellen Nominated, Markets Closed Mixed
In a report published Wednesday, Morgan Stanley analyst Suzanne E. Stein reiterated an Overweight rating on K12 (NYSE: LRN [FREE Stock Trend Analysis]), but lowered the price target from $30.00 to $29.00.
In the report, Morgan Stanley noted, “While 2014 has turned out to be disappointing, we view it as a bridge year towards a more solid 2015. We continue to believe funding will improve thanks to stabilizing state budgets while management will continue to focus on cutting costs. We arrive at a price target of $29 (vs. $30 previously) using a DCF-based valuation methodology, which suggests significant upside from current levels.”
K12 closed on Tuesday at $21.33.