Top EdTech stocks to explore in first quarter of 2022

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Top EdTech stocks to explore in first quarter of 2022

 Top EdTech stocks to explore in first quarter of 2022
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Highlights

  • Bright Horizons Family Solutions Inc. (BFAM) revenue surged 36% YoY in Q3, FY21.

  • Stride, Inc. (NYSE: LRN) will release its Q2, FY22 earnings results on January 25.

  • 2U, Inc. (NASDAQ: TWOU) expects full fiscal revenue to be between US$935 million and US$955 million.

The education technology stocks were in focus during the pandemic. Many students had signed up for online courses as campuses remained shut.

The pandemic had disrupted campus education. But thanks to online courses, students, especially in the lower classes, could pursue their studies.

Here we explore five education technology stocks that may see further growth in the future.

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Bright Horizons Family Solutions Inc. (NYSE: BFAM)

Bright Horizons is a Newton, Massachusetts-based firm. It provides education and care solutions, such as childcare, advisory, and other related services.

Its shares traded at US$126.87 at 1:54 pm ET on January 21, down 0.49% from their previous close. The stock fell 19.99% in the past 12 months.

It has a market cap of US$7.58 billion, a P/E ratio of 138.07, and a forward one-year P/E ratio of 75.89. Its EPS is US$0.91. The 52-week highest and lowest stock prices were US$182.50 and US$113.41, respectively. Its trading volume was 317,310 on January 20.

 

The revenue was US$460.33 million in Q3, FY21, an increase of 36% YoY. Its net income was US$26.81 million, or US$0.44 per diluted share, against a loss of US$6.65 million, or US$0.11 per diluted share in Q3, FY20.

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Education Technology stocks to explore in the first quarter of 2022

Source: Pixabay

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Stride, Inc. (NYSE: LRN)

Stride is a non-profit education management firm based in Herndon, Virginia. It offers online educational programs.

The stock traded at US$26.73 at 1:58 pm ET on January 21, down 3.88 % from its previous close. The LRN stock rose 12.5% over the past 12 months.

The market cap is US$1.14 billion, the P/E ratio is 21.17, and the forward one-year P/E ratio is 13.57. Its EPS is US$1.27. The stock saw the highest price of US$38.40 and the lowest price of US$22.80 in the last 52 weeks. Its share volume on January 20 was 690,197.

The company will report its second-quarter fiscal 2022 results on January 25 after the closing bell. The revenue increased by 8% YoY to US$400.22 million in Q1, FY22.

The net loss was US$5.88 million, or US$0.15 per diluted share, against an income of US$12.66 million, or US$0.30 per diluted share in Q1, FY21.

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Coursera, Inc. (NYSE: COUR)

Coursera is an education technology firm based in Mountain View, California. Its online platform connects learners with educators or institutions that provide educational content.

Its shares traded at US$19.65 at 2:00 pm ET on January 21, down 1.75% from their previous close. The stock fell 55.56% over the past 12 months.

It has a market cap of US$2.75 billion and a forward one-year P/E ratio of -16.26. The 52-week highest and lowest stock prices were US$62.53 and US$19.93, respectively.

Its trading volume was 764,728 on January 20. The company is expected to release its fourth-quarter fiscal 2021 results on February 10 after the market close.

The revenue rose 33% YoY to US$109.9 million in Q3, FY21. It reported a net loss of US$32.45 million, against a loss of US$11.86 million in Q3, FY20.

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2U, Inc. (NASDAQ: TWOU)

2U, Inc. is a non-profit education technology firm that collaborates with non-profit colleges for online degree and non-degree programs. It is based in Lanham, Maryland.

The stock traded at US$14.735 at 2:02 pm ET on January 21, up 2.42% from its previous closing price. The TWOU stock fell 66.15% over the past 12 months.

Its market cap is US$1.11 billion, and the forward one-year P/E ratio is -7.26. Its EPS is US$-2.23. The stock saw the highest price of US$59.74 and the lowest price of US$15.03 in the last 52 weeks. Its share volume on January 20 was 1,595,117.

The company's revenue rose 16% YoY to US$232.4 million in Q3, FY21. It reported a net loss of US$60.11 million compared to a loss of US$52.55 million in Q3, FY20. For fiscal 2021, the company expects its revenue to be between US$935 million and US$955 million.

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Education technology stocks: BFAM, LRN, COUR, TWOU, INST

 

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Instructure Holdings, Inc. (NYSE: INST)

Instructure is an education technology firm based in Salt Lake City, Utah. It has a web-based learning management system known as Canvas.

Its shares traded at US$21.275 at 2:04 pm ET on January 21, up 0.50% from their previous closing price. Its stock value increased by 0.91% in the past 12 months.

It has a market cap of US$3.00 billion and a forward one-year P/E ratio of 34.15. The 52-week highest and lowest stock prices were US$29.59 and US$18.52, respectively. Its trading volume was 71,851 on January 20.

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It will release its fourth-quarter fiscal 2021 results on February 17 after the closing bell.

The company's GAAP revenue was US$107.2 million in Q3, FY21, an increase of 31% YoY. Its net loss was US$13.26 million, compared to US$60.17 million in Q3, FY20.

For the fourth quarter of fiscal 2021, it expects revenue in the range of US$106.9 million to US$107.9 million.

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Bottomline


Education technology stocks gained traction during the pandemic. Industry observers forecast strong growth potential for the sector digitalization gains pace. Overall, the technology segment grew by over 19% in the past 12 months.

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