LRN - Stride: Impressive Earnings Growth With An Attractive Valuation
2024-03-12 11:55:18 ET
Summary
- Stride provides online education for students of all ages, including K-12 and career learning programs for adults.
- The company has achieved great long-term revenue growth and has now continued good enrollment growth after the Covid pandemic's temporary peak.
- Margins have scaled very well with revenues in recent years, making achieved growth very valuable.
- With continued growth that the company guides at least for FY2024, Stride's stock would be significantly undervalued at the current price as per my DCF model.
Stride ( LRN ) provides an alternative education source online for students of all ages in the United States as well as internationally. Primarily, the education is provided from kindergarten through to the 12 th grade, ranging across school subjects and topics. Stride also provides career learnings programs for adults ranging across multiple industries....
Stride: Impressive Earnings Growth With An Attractive Valuation