How to Buy Stride Stock
Stride Inc
Stride is a education company located in Virginia, United States, which is part of the Consumer Defensive sector, and is traded under the ticker LRN on the NYSE exchange.
Stride stock last closed at $57.57, down 0.71% from the previous day, and has increased 50.39% in one year. It has overperformed other stocks in the Education & Training Services industry by 0.39 percentage points. Stride stock is currently +61.67% from its 52-week low of $35.61, and -17.4% from its 52-week high of $69.70.
At the moment, there are 43.37M LRN shares outstanding. The market value of LRN is $2.50B. In the past 24 hours, 840,209 LRN shares were traded.
How to Buy Stride Stock
Wondering how to invest in Stride stock? Here's how.
- Choose where to buy Stride stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Stride stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- Evaluate Stride stock: The Stride ticker symbol is LRN. Is Stride stock a good investment? Should you buy shares of LRN? How do LRN's underlying business fundamentals look? Do top analysts think Stride is a good buy? Why has LRN's stock price moved recently? (Hint: Our stock market research tools can help you decide if LRN is a good stock to buy).
- Place your LRN purchase: Decide if you will purchase LRN shares at the current market price or use a limit order to buy LRN shares at a given price.
- Get notifications regarding your LRN position: Create a watchlist to key updates about your new investment in Stride shares.
Step 1: Choose where to buy Stride stock
You will need an online brokerage account in order to access the NYSE market and buy LRN shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to buy LRN stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on our top ranked stock app, you need to deposit funds:
Check out this video walkthrough for more details transferring funds into your brokerage account.
Step 4: Evaluate Stride stock
Once you have selected the best place to buy Stride stock, it's very important to research their stock before you buy, so you truly wrap your head around the risk and opportunity.
Stride quick stats
LRN Fundamentals
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on LRN's stock page.
Is LRN stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LRN's true value.
Using relative valuations measures:
- LRN may be undervalued based on its P/E ratio of 14.36x, relative to Education & Training Services industry P/E ratio of -40.23x
- LRN may be overvalued based on its P/B ratio of 2.42x, relative to Education & Training Services industry P/B ratio of 2.01x
You can access additional valuation analysis on LRN's stock here.
LRN Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the LRN balance sheet.
- LRN's operating cash flow of $220.00M allows it to safely service it's debt of $541.98M.
- LRN profit margin has gone up from 5.6% to 8.8% in the past year.
- LRN earnings of $236.63M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the LRN balance sheet.
Negative Financial Indicators:
- Total LRN debt is higher than 5 years ago, relative to shareholder equity.
- LRN has a relatively high debt to equity ratio of 0.73.
Is Stride stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 sell side analysts who give forecasts on LRN, the consensus analyst rating on Stride is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Stride stock forecast page.
LRN Momentum
How is LRN performing as a company?
Last year, LRN earnings were $170.55M. In the past 5 year, LRN's earnings have increased by 33.1% per year. This was faster than the Education & Training Services industry average of 3.48%.
Last year, LRN revenue was $1.94B. Over the past 5 year, LRN's revenue has grown by 14.67% per year. This was faster than the Education & Training Services industry average of 9.92%.
Dig into LRN's earnings and revenue performance here.
Are LRN executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at LRN have sold more shares than they have bought.
Donna Blackman, CHIEF FINANCIAL OFFICER of LRN, was the latest LRN insider to sell. They sold $59,134.88 worth of LRN stock on Feb 18, 2024.
Get more info about who owns LRN stock here.
Can I rely on LRN as an income stream?
No, Stride doesn't provide an income stream by paying out dividends.
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Step 5: Place your LRN purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your LRN position
Now that you own some LRN stock, you'll want to stay up-to-date on your investment.
Create a watchlist to track the latest developments regarding your LRN stock.
LRN Feed
How to Buy Stock in Stride
To summarize, here are the 6 steps to buy Stride stock:
- Choose where to buy Stride stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Stride stock
- Place your LRN purchase
- Get notifications regarding your LRN position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Stride, add LRN to your watchlist by clicking the button below.
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