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Stride Stock Tumbles 9% in Past Month: Should You Buy the Dip or Wait?
ZACKS· 2025-07-21 16:51
Core Viewpoint - Stride, Inc. is facing challenges due to the termination of a key partnership with Gallup-McKinley County Schools, which is expected to impact its market value and revenue visibility, despite experiencing significant enrollment growth in its K-12 and career learning segments [3][7][15]. Company Performance - Stride's share price has decreased by 9.4% over the past month, underperforming compared to the Zacks Schools industry and the broader market [1]. - The company has reported a 20% overall enrollment growth in fiscal 2025, with General Education and Career Learning segments growing by 12.8% and 32%, respectively [15]. Partnership and Regulatory Challenges - The termination of the partnership with GMCS, effective June 30, 2025, was due to Stride's failure to meet legal and academic requirements, which poses risks to its growth and profitability [6][7]. - Stride's business model heavily relies on contracts with educational institutions, making it vulnerable to compliance issues that could lead to contract terminations [6]. Market and Economic Conditions - Stride is experiencing macroeconomic pressures, including inflation and tariff concerns, which could indirectly affect its top-line growth through strained government budgets [9]. - The company is facing increased operational costs, with instructional costs and SG&A expenses rising by 12.5% and 0.6% year-over-year, respectively [9]. Financial Position - Stride maintains a strong liquidity position with cash and cash equivalents of $528.5 million, up from $500.6 million at the end of fiscal 2024, while long-term debt has slightly increased to $415.9 million [18]. - The stock is trading at a forward P/E ratio of 16.98, indicating a premium compared to industry peers, which reflects its growth potential [10]. Growth Prospects - The shift in demand towards tech-based and career-focused educational programs is expected to enhance Stride's revenue visibility and profitability in the long term [5][21]. - The company is strategically expanding its online education offerings, which aligns with the growing trend of digital learning [12][16].
Integrity College of Health, a Legacy Education Inc. Institution, Earns Prestigious National Accreditation for Bachelor of Science in Nursing Program
Prnewswire· 2025-06-30 13:00
Core Points - Legacy Education Inc. announced that Integrity College of Health has received initial accreditation from the NLN CNEA for its RN-BS Track (Distance) program, emphasizing its commitment to high-quality nursing education [1][2] - The accreditation signifies that the RN-BS program meets national standards and reflects a culture of academic excellence and continuous improvement [2] - Dr. Michelle Welch highlighted the accreditation as a recognition of the faculty, staff, and students' efforts, and it reinforces the institution's dedication to evidence-based and accessible education [3] Company Overview - Legacy Education is a nationally accredited, for-profit post-secondary education company founded in 2009, focusing on career-oriented education primarily in healthcare [4] - The company offers a variety of programs including nursing, sonography, medical technicians, and business administration, aiming to provide high-quality, accessible, and affordable education [4] - Legacy Education is committed to expanding its educational offerings through organic growth, new program additions, and strategic acquisitions [4]
Rasmussen University Celebrates 125 Years of Transforming Lives Through Career-Focused Education and Strengthening Communities
Prnewswire· 2025-04-10 13:05
Core Perspective - Rasmussen University is celebrating its 125th anniversary in 2025, highlighting its legacy of transforming lives and strengthening communities through career-focused education [1][4][10] Company Overview - Founded in 1900 by Walter Rasmussen, the institution began as the Rasmussen Practical School of Business in St. Paul, Minnesota, addressing the need for skilled professionals [5] - Over the years, Rasmussen University has expanded its offerings to include more than 60 undergraduate and graduate programs across eight areas of study, with a strong emphasis on nursing education [7][11] Legacy and Impact - The university has a long-standing commitment to expanding access to education, particularly for underrepresented and underserved populations, and has pioneered online learning to meet workforce needs [6][10] - Rasmussen University emphasizes the belief that education creates opportunities, empowering generations of learners to make a lasting impact on their communities [5][6] Anniversary Activities - Throughout 2025, Rasmussen will host various activities and initiatives to celebrate its legacy, including campus celebrations, a traveling Green Couch series for engaging conversations, and research studies focused on legacy and future skills [9][12] - The university will also launch targeted campaigns in key communities to raise awareness of its anniversary and legacy through multi-platform messaging and social media engagement [9][12]