K12 (LRN) Earning Somewhat Positive Press Coverage, Analysis Shows

News headlines about K12 (NYSE:LRN) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. K12 earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.7035641097894 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

LRN has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of K12 from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. BMO Capital Markets reiterated a “buy” rating and issued a $21.00 target price on shares of K12 in a research note on Wednesday, October 25th. Finally, TheStreet cut shares of K12 from a “b-” rating to a “c+” rating in a research note on Thursday, August 17th.

Shares of K12 (NYSE:LRN) opened at $16.17 on Wednesday. The company has a market cap of $668.76, a P/E ratio of 26.97, a P/E/G ratio of 2.12 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 52 week low of $15.07 and a 52 week 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, beating the Zacks’ consensus estimate of ($0.36) by $0.15. The company had revenue of $228.80 million for the quarter, compared to analysts’ expectations of $235.15 million. K12 had a net margin of 0.70% and a return on equity of 4.16%. K12’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.36) EPS. research analysts predict that K12 will post 0.51 earnings per share for the current fiscal year.

In other K12 news, CFO James Jeaho Rhyu sold 15,000 shares of the stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $18.00, for a total value of $270,000.00. Following the sale, the chief financial officer now directly owns 204,591 shares in the company, valued at approximately $3,682,638. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 30,000 shares of company stock worth $540,000 over the last quarter. Corporate insiders own 9.61% of the company’s stock.

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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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