Strayer Education (STRA) Stock Forecast & Price Target

Strategic Education Inc. demonstrated a robust financial performance, with a significant 41.3% increase in adjusted diluted EPS to $1.64 on a constant currency basis. The company also reported a 5.1% year-over-year revenue increase to $321.7 million in the third quarter, indicating strong demand for its educational services. Furthermore, employer-affiliated enrollment reached an all-time high of 28,004, which represents 32.7% of total enrollment in the U.S. Higher Education segment, reflecting the company's successful corporate partnerships and its ability to align with market needs.

The financial outlook for Strategic Education Inc. reflects a concerning trend, highlighted by a 2.1% decline in total student enrollment year-over-year, indicating challenges in attracting and retaining students across its programs. Additionally, the Australia/New Zealand segment reported a 2.8% decrease in revenue, which raises questions about the company's growth potential in this market. Furthermore, the persistent decline in unaffiliated enrollment, down 5.1% year-over-year and marking the fourth consecutive quarter of decreases, suggests ongoing issues in market competitiveness and demand for the company's educational offerings.