One company that should be on your radar is Strayer Education Inc. ( STRA ). The stock of this school company has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Strong Buy.APOLLO GROUP (APOL): Free Stock Analysis ReportNEW ORIENTAL ED (EDU): Free Stock Analysis ReportSTRAYER EDUC (STRA): Free Stock Analysis ReportTAL EDUCATN-ADR (XRS): Free Stock Analysis ReportTo read this article on Zacks.com click here.
A key reason for this move has been the positive trend in the earnings estimate revisions picture. For STRA's full year estimate, we have seen 9 estimates go higher in the past 30 days, compared to no downward revision. This trend has helped the consensus estimate to trend higher, going from $2.31 a share a month ago to its current level at $3.40.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, STRA has seen some pretty solid trading lately, as the company has moved higher by 28.1% in the past month.
If Strayer Education can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put STRA on your watch list for the future.
Other top-ranked stocks worth considering in this space include TAL Education Group ( XRS ), Apollo Education Group, Inc. ( APOL ) and New Oriental Education & Technology Group Inc. ( EDU ). While TAL Education holds a Zacks Rank #1 (Strong Buy), Apollo and New Oriental carry a Zacks Rank #2 (Buy).
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