K12 (LRN) Receives News Impact Rating of 0.21

News coverage about K12 (NYSE:LRN) has trended somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. K12 earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.4429299571238 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s analysis:

Shares of K12 (NYSE LRN) traded up $0.26 on Friday, reaching $14.85. 362,568 shares of the company’s stock were exchanged, compared to its average volume of 214,441. The stock has a market capitalization of $615.01, a PE ratio of 82.50, a PEG ratio of 1.56 and a beta of 0.07. The company has a current ratio of 4.15, a quick ratio of 4.00 and a debt-to-equity ratio of 0.02. K12 has a twelve month low of $14.01 and a twelve month high of $21.18.

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

Several equities analysts recently issued reports on LRN shares. Zacks Investment Research upgraded shares of K12 from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Tuesday, March 13th. ValuEngine cut shares of K12 from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating and two have issued a buy rating to the company. K12 has a consensus rating of “Hold” and an average target price of $19.00.

In other K12 news, General Counsel Howard D. Polsky sold 6,099 shares of the company’s stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $17.50, for a total value of $106,732.50. Following the sale, the general counsel now owns 128,728 shares in the company, valued at $2,252,740. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Nathaniel A. Davis sold 20,000 shares of the company’s 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 completion of the sale, the insider now owns 353,874 shares in the company, valued at approximately $6,398,041.92. The disclosure for this sale can be found here. 18.34% of the stock is currently owned by corporate insiders.

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About K12

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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