K12 (LRN) Earning Somewhat Positive News Coverage, Report Shows
Media coverage about K12 (NYSE:LRN) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. K12 earned a news impact score of 0.12 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.685514468134 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s analysis:
- K12, Inc. – Value Analysis (NYSE:LRN) : December 21, 2017 (finance.yahoo.com)
- [$$] Hundreds of People Made Gifts of Stock With Great Timing (finance.yahoo.com)
- K12, Inc. breached its 50 day moving average in a Bullish Manner : LRN-US : December 20, 2017 (finance.yahoo.com)
- Czech Republic – Factors To Watch on Dec 20 (feeds.reuters.com)
Shares of K12 (NYSE:LRN) opened at $16.39 on Friday. The firm has a market cap of $683.64, a PE ratio of 109.27, a price-to-earnings-growth ratio of 2.16 and a beta of -0.27. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.43 and a current ratio of 3.57. K12 has a 12 month low of $15.07 and a 12 month high of $21.18.
K12 (NYSE:LRN) last announced its quarterly earnings results on Thursday, October 26th. The company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.15. K12 had a net margin of 0.70% and a return on equity of 4.16%. The firm had revenue of $228.80 million during the quarter, compared to analyst estimates of $235.15 million. During the same period in the previous year, the business posted ($0.36) earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis. equities research analysts predict that K12 will post 0.51 earnings per share for the current year.
Several equities research analysts have weighed in on LRN shares. Zacks Investment Research cut shares of K12 from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. BMO Capital Markets reissued a “buy” rating and set a $21.00 price target on shares of K12 in a research report on Wednesday, October 25th.
In related news, CFO James Jeaho Rhyu sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $18.00, for a total value of $90,000.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders sold 30,000 shares of company stock worth $540,000. 18.34% of the stock is currently owned by insiders.
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K12 Company Profile
K12 Inc (K12) is a technology-based education company. The Company offers curriculum, software systems and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade (K-12). It provides a continuum of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families.
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