In a report released today, Alexander Paris from Barrington reiterated a Buy rating on K12 (LRN), with a price target of $40.00. The company’s shares closed last Monday at $20.04, close to its 52-week low of $18.90.
According to TipRanks.com, Paris is a 1-star analyst with an average return of -0.3% and a 46.9% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Adtalem Global Education, and Franklin Covey Company.
K12 has an analyst consensus of Moderate Buy, with a price target consensus of $40.00.
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K12’s market cap is currently $820.7M and has a P/E ratio of 23.24. The company has a Price to Book ratio of 1.31.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LRN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
K12, Inc. is a technology-based educational company, which offers proprietary and third party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name.
