Somewhat Favorable News Coverage Somewhat Unlikely to Impact K12 (LRN) Share Price

Media headlines about K12 (NYSE:LRN) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. K12 earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.2403687161076 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of K12 (NYSE LRN) traded down $0.06 on Friday, reaching $16.48. The company had a trading volume of 140,840 shares, compared to its average volume of 162,764. The company has a market cap of $681.17, a P/E ratio of 27.47, a PEG ratio of 2.15 and a beta of -0.27. K12 has a 52 week low of $14.84 and a 52 week high of $21.18. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.57 and a quick ratio of 3.43.

K12 (NYSE:LRN) last issued its earnings results on Thursday, October 26th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.15. The company had revenue of $228.80 million for the quarter, compared to the consensus estimate of $235.15 million. K12 had a return on equity of 4.16% and a net margin of 0.70%. The firm’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the company earned ($0.36) EPS. equities research analysts predict that K12 will post 0.51 EPS for the current year.

LRN has been the topic of several recent research reports. BMO Capital Markets reaffirmed a “buy” rating and issued a $21.00 price objective on shares of K12 in a research note on Wednesday, October 25th. Zacks Investment Research downgraded K12 from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Finally, TheStreet downgraded K12 from a “b-” rating to a “c+” rating in a research note on Thursday, August 17th.

In related news, CFO James Jeaho Rhyu sold 10,000 shares of K12 stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $18.00, for a total transaction of $180,000.00. Following the sale, the chief financial officer now owns 201,881 shares of the company’s stock, valued at approximately $3,633,858. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 40,000 shares of company stock worth $720,000 in the last three months. 18.34% of the stock is 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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