Strayer Education Inc. ( STRA ) is a provider of undergraduate and graduate degree programs that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.STRAYER EDUC (STRA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on STRA's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Strayer Education could be a solid choice for investors.
Current Quarter Estimates for STRA
In the past 30 days, 3 estimates have gone higher for Strayer Education while 1 moved lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 98 cents a share 30 days ago, to $1.22 today, a move of 24.5%.
Current Year Estimates for STRA
Meanwhile, Strayer Education's current year figures are also looking quite promising, with 7 estimates moving higher in the past month, compared to no downward revision. The consensus estimate trend has also seen a boost for this time frame, increasing from $2.31 per share 30 days ago to $3.22 per share today, an increase of 39.4%.
The stock has also started to move higher lately, adding 33.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future.
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