STRIDE INC (NYSE:LRN) – A High Growth Momentum Stock with Strong Technical Setup

STRIDE INC (NYSE:LRN) has been identified as a high-growth momentum stock with a favorable technical setup. The company, a technology-based education provider, demonstrates strong earnings and revenue growth while also presenting a solid technical pattern for potential breakout traders.

Growth Momentum Highlights

• Earnings Growth: LRN reported a 50.5% year-over-year EPS growth (TTM), with recent quarterly growth rates remaining strong (26.2% in the latest quarter).
• Revenue Growth: Sales increased by 14.9% over the past year, with consistent quarterly growth, including a 17.8% rise in the most recent quarter.
• Profit Margins: The company has expanded its profit margins significantly, with the latest quarter showing a 16.2% margin, up from 6.9% two years ago.
• Estimate Revisions: Analysts have raised EPS estimates for the next year by 0.6% over the past three months, indicating confidence in continued growth.
• Earnings Surprises: LRN has beaten EPS estimates in three of the last four quarters, with an average surprise of 86.2%.

Technical Strength & Setup

• Technical Rating (8/10): LRN is in a long-term uptrend, outperforming 94% of stocks over the past year. It also ranks in the top 13% of its industry.
• Setup Rating (7/10): The stock is consolidating near support at $141.47, with reduced volatility, suggesting a potential breakout opportunity.
• Key Levels: Resistance is seen between $143.08 and $147.31, with a breakout above $147.32 potentially signaling further upside.
• Trend Health: While short-term momentum is neutral, the long-term trend remains positive, supported by rising moving averages.

For a deeper technical analysis, review the full technical report for LRN.

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Disclaimer

This is not investment advice. The observations here are based on current data, but investors should conduct their own research before making decisions.