LRN - K12 Inc Stock Price, Fair Value and News

72.80USD+0.69 (+0.96%)Market Closed

Market Summary

USD72.80+0.69

Market Closed

0.96%

LRN Stock Price

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LRN RSI Chart

LRN Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

17.04

Price/Sales (Trailing)

1.58

EV/EBITDA

8.91

Price/Free Cashflow

15.65

LRN Price/Sales (Trailing)

LRN Profitability

EBT Margin

12.39%

Return on Equity

16.75%

Return on Assets

9.76%

Free Cashflow Yield

6.39%

LRN Fundamentals

LRN Revenue

Revenue (TTM)

2.0B

Rev. Growth (Yr)

10.75%

Rev. Growth (Qtr)

3.16%

LRN Earnings

Earnings (TTM)

184.8M

Earnings Growth (Yr)

25.65%

Earnings Growth (Qtr)

4.27%

Breaking Down LRN Revenue

Last 7 days

9.7%

Last 30 days

18.6%

Last 90 days

21.1%

Trailing 12 Months

76.4%

How does LRN drawdown profile look like?

LRN Financial Health

Current Ratio

4.29

Debt/Equity

0.38

Debt/Cashflow

0.49

LRN Investor Care

Shares Dilution (1Y)

0.50%

Diluted EPS (TTM)

4.26

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.0B	0	0	0
2023	1.8B	1.8B	1.9B	1.9B
2022	1.6B	1.7B	1.7B	1.8B
2021	1.4B	1.5B	1.6B	1.6B
2020	1.0B	1.0B	1.2B	1.3B
2019	998.3M	1.0B	1.0B	1.0B
2018	894.6M	917.7M	940.3M	977.9M
2017	893.7M	888.2M	888.2M	884.3M
2016	887.0M	872.7M	880.3M	892.5M
2015	944.7M	948.3M	932.8M	910.3M
2014	890.6M	919.6M	927.9M	935.3M
2013	815.5M	848.2M	855.5M	873.4M
2012	666.3M	708.4M	736.2M	775.7M
2011	482.5M	522.4M	580.9M	618.4M
2010	367.2M	384.5M	413.0M	448.8M
2009	0	315.6M	332.8M	350.0M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
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Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of K12 Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 18, 2024	ottolenghi les	sold (taxes)	-48,175	57.08	-844	chief commercial officer
Feb 18, 2024	blackman donna	sold (taxes)	-59,134	57.08	-1,036	chief financial officer
Feb 18, 2024	goldthwaite todd	sold (taxes)	-10,160	57.08	-178	managing director
Feb 18, 2024	mathis vincent	sold (taxes)	-40,469	57.08	-709	evp, general counsel
Feb 18, 2024	rhyu james jeaho	sold (taxes)	-264,908	57.08	-4,641	chief executive officer
Feb 13, 2024	ottolenghi les	sold (taxes)	-50,025	60.49	-827	chief info. & tech. officer
Feb 13, 2024	goldthwaite todd	sold (taxes)	-17,723	60.49	-293	managing director
Feb 13, 2024	rhyu james jeaho	sold (taxes)	-267,305	60.49	-4,419	chief executive officer
Feb 13, 2024	mathis vincent	sold (taxes)	-76,580	60.49	-1,266	evp, general counsel
Feb 13, 2024	blackman donna	sold (taxes)	-8,166	60.49	-135	chief financial officer

Which funds bought or sold LRN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	AllSquare Wealth Management LLC	unchanged	-	258	4,414	-%
May 07, 2024	Arizona State Retirement System	reduced	-0.89	35,587	713,474	-%
May 07, 2024	Inspire Advisors, LLC	new	-	264,116	264,116	0.04%
May 07, 2024	Empowered Funds, LLC	sold off	-100	-1,231,040	-	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	0.63	801,000	12,459,000	0.02%
May 07, 2024	OPPENHEIMER & CO INC	sold off	-100	-213,732	-	-%
May 07, 2024	SEI INVESTMENTS CO	reduced	-21.62	-507,537	2,520,050	-%
May 07, 2024	Swiss National Bank	added	0.99	346,680	5,125,960	-%
May 07, 2024	Illinois Municipal Retirement Fund	reduced	-5.81	-	1,400,000	0.02%
May 07, 2024	Avalon Trust Co	unchanged	-	302	5,171	-%

Are Funds Buying or Selling LRN?

Are funds buying LRN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LRN

No. of Funds

Unveiling K12 Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.41%	4,946,552	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.9%	2,990,025	SC 13G/A
Jan 22, 2024	blackrock inc.	15.6%	6,747,241	SC 13G/A
Feb 13, 2023	boston partners	4.21%	1,811,476	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.3%	3,143,232	SC 13G/A
Feb 09, 2023	vanguard group inc	11.02%	4,743,708	SC 13G/A
Feb 07, 2023	blackrock inc.	15.4%	6,633,681	SC 13G/A
May 10, 2022	vanguard group inc	10.02%	4,285,669	SC 13G/A
Feb 14, 2022	boston partners	5.0%	2,138,987	SC 13G
Feb 08, 2022	dimensional fund advisors lp	6.6%	2,823,246	SC 13G/A

Recent SEC filings of K12 Inc

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	10-Q	Quarterly Report
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	8-K	Current Report
Mar 18, 2024	8-K	Current Report
Mar 14, 2024	8-K	Current Report
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading

Peers (Alternatives to K12 Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
LOPE	4.4B	985.4M	11.62%	32.71%	20.51	4.44	7.43%	14.39%
GHC	3.4B	4.5B	0.83%	30.67%	12.19	0.75	12.24%	1069.12%
LRN	3.1B	2.0B	18.61%	76.40%	17.04	1.58	9.97%	65.59%
STRA	3.0B	1.2B	17.08%	50.34%	29.63	2.58	9.72%	169.91%
LAUR	2.5B	1.5B	10.41%	36.88%	20.5	1.68	17.48%	41.53%
COUR	1.5B	657.2M	-31.49%	-18.65%	-13.75	2.21	19.28%	37.77%
SMALL-CAP
ATGE	2.4B	1.5B	29.68%	55.68%	22.07	1.57	6.35%	38.51%
CHGG	508.0M	703.0M	-31.16%	-50.20%	34.86	0.72	-6.54%	-94.46%
LINC	394.6M	394.2M	23.89%	112.35%	15.24	1	11.65%	111.32%
APEI	314.4M	605.3M	36.15%	242.07%	-6.67	0.52	0.67%	63.07%

K12 Inc News

Latest updates

K12 Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.2%	521	505	480	483	470	458	425	455	422	410	400	398	392	376	371	269	257	258	257	256	253
Gross Profit	0.1%	201	201	173	172	175	170	130	168	155	148	126	137	139	129	130	91.00	78.00	90.00	88.00	80.00	85.00
Costs and Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	254	230
S&GA Expenses	-3.3%	113	117	170	118	103	102	158	122	94.00	91.00	133	115	100	91.00	118	84.00	64.00	60.00	107	78.00	62.00
R&D Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00	2.00
EBITDA Margin	2.9%	0.18*	0.17*	0.17*	0.15*	0.14*	0.14*	0.13*	0.15*	0.14*	0.12*	0.11*	0.12*	0.12*	-	-	-	-	-	-	-	-
Income Taxes	11.1%	25.00	22.00	2.00	14.00	20.00	19.00	-7.51	10.00	17.00	16.00	-2.89	6.00	10.00	11.00	-2.38	3.00	4.00	10.00	-8.82	1.00	6.00
Earnings Before Taxes	5.4%	94.00	89.00	6.00	58.00	75.00	70.00	-29.73	38.00	59.00	59.00	-9.06	16.00	34.00	35.00	10.00	7.00	13.00	31.00	-18.49	4.00	25.00
EBT Margin	5.6%	0.12*	0.12*	0.11*	0.09*	0.08*	0.08*	0.07*	0.09*	0.08*	0.06*	0.05*	0.06*	0.06*	-	-	-	-	-	-	-	-
Net Income	4.3%	70.00	67.00	5.00	43.00	55.00	51.00	-22.67	28.00	43.00	42.00	-5.88	10.00	24.00	25.00	13.00	5.00	9.00	21.00	-9.73	3.00	18.00
Net Income Margin	5.6%	0.09*	0.09*	0.08*	0.07*	0.06*	0.06*	0.05*	0.06*	0.05*	0.04*	0.03*	0.05*	0.05*	-	-	-	-	-	-	-	-
Free Cashflow	-60.3%	69.00	173	-137	96.00	84.00	162	-144	120	91.00	118	-132	122	90.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	6.2%	1,892	1,782	1,768	1,761	1,700	1,619	1,622	1,644	1,575	1,526	1,570	1,577	1,534	1,472	1,404	1,073	1,036	827	813	820	809
Current Assets	11.0%	1,209	1,089	1,080	1,065	1,007	929	931	951	872	816	858	858	830	768	805	501	487	514	498	530	522
Cash Equivalents	6.3%	377	354	255	411	374	318	195	389	309	257	219	386	329	258	309	213	150	212	166	285	234
Inventory	7.9%	21.00	20.00	22.00	37.00	23.00	24.00	28.00	36.00	24.00	24.00	25.00	40.00	29.00	29.00	24.00	28.00	20.00	20.00	21.00	30.00	17.00
Goodwill	0%	247	247	247	247	247	247	5.00	6.00	241	241	240	240	240	241	175	175	108	90.00	90.00	90.00	90.00
Liabilities	5.3%	789	750	809	813	800	777	835	831	794	792	850	773	747	720	685	398	371	176	189	186	184
Current Liabilities	17.0%	282	241	299	309	284	249	289	302	250	238	285	306	255	229	236	273	258	134	140	156	149
Long Term Debt	0.1%	414	414	413	413	413	412	412	411	411	411	410	299	295	292	288	-	-	-	-	-	-
Shareholder's Equity	6.8%	1,103	1,033	958	947	899	842	787	813	781	734	720	805	787	752	719	675	665	651	625	633	625
Retained Earnings	16.4%	496	426	359	354	311	255	205	227	199	156	114	112	102	78.00	53.00	47.00	42.00	33.00	13.00	22.00	19.00
Additional Paid-In Capital	0.1%	710	709	702	695	691	689	684	687	684	681	708	795	788	777	768	731	725	720	714	713	708
Shares Outstanding	-0.3%	43.00	43.00	43.00	43.00	42.00	42.00	42.00	43.00	42.00	42.00	41.00	40.00	40.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	799	-	-	-	1,015	-	-	-	639	-	-	-	594	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-60.4%	68,566	173,334	-135,305	96,930	85,038	164,328	-143,146	125,481	93,071	119,842	-131,510	123,028	91,079	34,576	-114,533	77,390	24,290	65,549	-86,814	68,310	48,411
Share Based Compensation	-30.9%	5,250	7,596	8,426	5,124	4,745	4,941	5,510	4,106	5,576	602	8,286	8,512	12,854	9,074	8,893	5,824	6,086	6,177	5,522	4,562	3,950
Cashflow From Investing	47.8%	-32,219	-61,732	-7,065	-47,478	-15,747	-28,520	-26,495	-20,186	-30,909	-36,432	-23,231	-58,935	-12,233	-78,587	-15,688	-9,312	-177,632	-12,174	-18,247	-13,123	-9,058
Cashflow From Financing	-19.6%	-14,157	-11,841	-13,811	-12,323	-13,892	-12,053	-25,233	-24,461	-11,089	-44,943	-12,817	-7,544	-7,991	-6,595	226,706	-6,313	91,735	-7,678	-12,116	-6,591	-8,603

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LRN Income Statement

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Revenues	$ 520,837	$ 470,284	$ 1,505,886	$ 1,353,869
Instructional costs and services	319,508	295,032	930,495	878,880
Gross margin	201,329	175,252	575,391	474,989
Selling, general, and administrative expenses	113,016	103,053	399,469	363,436
Income from operations	88,313	72,199	175,922	111,553
Interest expense, net	(2,404)	(2,206)	(6,494)	(6,334)
Other income, net	7,678	4,587	19,381	9,594
Income before income taxes and income (loss) from equity method investments	93,587	74,580	188,809	114,813
Income tax expense	(24,657)	(19,525)	(48,383)	(30,878)
Income (loss) from equity method investments	757	407	975	(440)
Net income attributable to common stockholders	$ 69,687	$ 55,462	$ 141,401	$ 83,495
Net income attributable to common stockholders per share:
Basic (in dollars per share)	$ 1.63	$ 1.31	$ 3.32	$ 1.98
Diluted (in dollars per share)	$ 1.60	$ 1.30	$ 3.26	$ 1.96
Basic (in shares)	42,684,561	42,375,480	42,581,869	42,237,056
Diluted (in shares)	43,655,841	42,714,090	43,389,903	42,652,223

LRN Balance Sheet

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Current assets
Cash and cash equivalents	$ 376,577	$ 410,807
Accounts receivable, net of allowance of $34,852 and $30,031	577,792	463,722
Inventories, net	21,038	36,716
Prepaid expenses	40,127	24,817
Other current assets	193,547	129,137
Total current assets	1,209,081	1,065,199
Operating lease right-of-use assets, net	57,725	69,508
Property and equipment, net	57,213	52,332
Capitalized software, net	83,320	83,465
Capitalized curriculum development costs, net	51,451	50,787
Intangible assets, net	64,668	74,771
Goodwill	246,676	246,676
Deferred tax asset	14,773	8,776
Deposits and other assets	107,306	109,152
Total assets	1,892,213	1,760,666
Current liabilities
Accounts payable	37,156	48,854
Accrued liabilities	67,671	76,626
Accrued compensation and benefits	62,383	57,426
Deferred revenue	70,907	76,159
Current portion of finance lease liability	30,991	35,621
Current portion of operating lease liability	12,853	14,449
Total current liabilities	281,961	309,135
Long-term finance lease liability	29,920	21,278
Long-term operating lease liability	48,418	59,425
Long-term debt	414,271	413,035
Other long-term liabilities	14,436	10,497
Total liabilities	789,006	813,370
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding
Common stock, par value $0.0001; 100,000,000 shares authorized; 48,586,413 and 48,339,048 shares issued; and 43,251,670 and 43,004,305 shares outstanding, respectively	4	4
Additional paid-in capital	709,997	695,480
Accumulated other comprehensive loss	(42)	(35)
Retained earnings	495,730	354,329
Treasury stock of 5,334,743 shares at cost	(102,482)	(102,482)
Total stockholders' equity	1,103,207	947,296
Total liabilities and stockholders' equity	$ 1,892,213	$ 1,760,666

About K12 Inc

Stride, Inc., a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. It serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was founded in 2000 and is headquartered in Reston, Virginia.

CEO	Mr. James J. Rhyu
WEBSITE	stridelearning.com
INDUSTRY	Education & Training Services
EMPLOYEES	7800

K12 Inc Frequently Asked Questions

What is the ticker symbol for K12 Inc? What does LRN stand for in stocks?

LRN is the stock ticker symbol of K12 Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of K12 Inc (LRN)?

As of Wed May 08 2024, market cap of K12 Inc is 3.15 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LRN stock?

You can check LRN's fair value in chart for subscribers.

What is the fair value of LRN stock?

You can check LRN's fair value in chart for subscribers. The fair value of K12 Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of K12 Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LRN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is K12 Inc a good stock to buy?

The fair value guage provides a quick view whether LRN is over valued or under valued. Whether K12 Inc is cheap or expensive depends on the assumptions which impact K12 Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LRN.

What is K12 Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, LRN's PE ratio (Price to Earnings) is 17.04 and Price to Sales (PS) ratio is 1.58. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LRN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on K12 Inc's stock?

In the past 10 years, K12 Inc has provided 0.115 (multiply by 100 for percentage) rate of return.