K12 (LRN) Getting Somewhat Favorable Media Coverage, Report Shows

Media coverage about K12 (NYSE:LRN) has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. K12 earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the company an impact score of 48.0546797195997 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the headlines that may have effected Accern’s analysis:

A number of equities analysts recently weighed in on the stock. BMO Capital Markets reaffirmed a “buy” rating and issued a $21.00 target price on shares of K12 in a research note on Wednesday, October 25th. Zacks Investment Research upgraded shares of K12 from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Wednesday, January 31st.

K12 (NYSE:LRN) opened at $16.40 on Tuesday. K12 has a one year low of $15.07 and a one year high of $21.18. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.00 and a current ratio of 4.15. The company has a market cap of $702.81, a PE ratio of 91.11, a PEG ratio of 1.78 and a beta of -0.08.

K12 (NYSE:LRN) last posted its quarterly earnings data on Thursday, January 25th. The company reported $0.33 EPS for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.10. K12 had a net margin of 0.89% and a return on equity of 4.39%. The company had revenue of $217.20 million during the quarter, compared to the consensus estimate of $220.92 million. During the same period in the prior year, the business posted $0.30 EPS. The company’s quarterly revenue was down 1.8% on a year-over-year basis. research analysts anticipate that K12 will post 0.63 earnings per share for the current year.

In other news, General Counsel Howard D. Polsky sold 6,099 shares of the stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $17.50, for a total transaction of $106,732.50. Following the completion of the transaction, the general counsel now directly owns 128,728 shares in the company, valued at approximately $2,252,740. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Nathaniel A. Davis sold 20,000 shares of the stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $18.08, for a total transaction of $361,600.00. Following the transaction, the insider now owns 353,874 shares of the company’s stock, valued at $6,398,041.92. The disclosure for this sale can be found here. 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.

Insider Buying and Selling by Quarter for K12 (NYSE:LRN)

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