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Stride's (LRN) MedCerts Partners With University of Vermont
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Stride, Inc.’s (LRN - Free Report) subsidiary company, MedCerts partners with the University of Vermont Professional and Continuing Education (UVM PACE) to facilitate access to MedCerts healthcare training programs in Vermont.
The partnership provides an affordable and self-paced opportunity to the working adults of the state to acquire a professional medical and healthcare certificate out of the 14 available programs. The students at UVM PACE can avail programs comprising Surgical Technologist, Behavior Technician Specialist, Patient Care Technician and others.
This opportunity will help fill the gap of skilled medical professionals in Vermont. As per the Vermont Talent Pipeline hiring forecast report, more than 6,000 healthcare vacancies are expected by September 2023.
Image Source: Zacks Investment Research
Shares of Stride have surged 41.2% in the year-to-date period, outperforming the Zacks Schools industry’s 17.9% growth.
Career Learning – Driving Force of Stride
Stride’s Career Learning segment is thriving considering the various growth initiatives undertaken to support the uptrend. After the acquisition of three adult learning companies, Galvanize, Tech Elevator, and MedCerts, in 2020, the company’s product offerings in this segment expanded notably. The hybrid nature (in-person or online) of the training programs of these brands contribute to the growth of this segment.
In fiscal 2023, revenues increased in the Career Learning segment by 71% to $706 million and revenue per enrollment grew 16.3% to $8,885 year over year. Under this segment’s umbrella, Adult generated revenues of $119.2 million, portraying 30.3% year-over-year growth. Furthermore, the segment witnessed 57.3% enrollment growth (Adult not included) year over year, bringing the value to 65,900 students.
RCL has a trailing four-quarter earnings surprise of 28.5%, on average. The stock has surged 102.3% in the past year. The Zacks Consensus Estimate for RCL’s 2023 sales and earnings per share (EPS) indicates growth of 54.5% and 180.3%, respectively, from the year-ago period’s levels.
Live Nation presently sports a Zacks Rank of 1. LYV has a trailing four-quarter earnings surprise of 34.6%, on average. The stock has declined 11.5% in the past year.
The Zacks Consensus Estimate for LYV’s 2023 sales and EPS suggests rises of 21% and 57.8%, respectively, from the year-ago period’s levels.
Strategic Education currently sports a Zacks Rank of 1. STRA has a trailing four-quarter earnings surprise of 12.1%, on average. Shares of the company have increased 20.5% in the past year.
The Zacks Consensus Estimate for STRA’s 2023 sales and EPS implies improvements of 4.9% and 27.9%, respectively, from the year-ago period’s levels.
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Stride's (LRN) MedCerts Partners With University of Vermont
Stride, Inc.’s (LRN - Free Report) subsidiary company, MedCerts partners with the University of Vermont Professional and Continuing Education (UVM PACE) to facilitate access to MedCerts healthcare training programs in Vermont.
The partnership provides an affordable and self-paced opportunity to the working adults of the state to acquire a professional medical and healthcare certificate out of the 14 available programs. The students at UVM PACE can avail programs comprising Surgical Technologist, Behavior Technician Specialist, Patient Care Technician and others.
This opportunity will help fill the gap of skilled medical professionals in Vermont. As per the Vermont Talent Pipeline hiring forecast report, more than 6,000 healthcare vacancies are expected by September 2023.
Image Source: Zacks Investment Research
Shares of Stride have surged 41.2% in the year-to-date period, outperforming the Zacks Schools industry’s 17.9% growth.
Career Learning – Driving Force of Stride
Stride’s Career Learning segment is thriving considering the various growth initiatives undertaken to support the uptrend. After the acquisition of three adult learning companies, Galvanize, Tech Elevator, and MedCerts, in 2020, the company’s product offerings in this segment expanded notably. The hybrid nature (in-person or online) of the training programs of these brands contribute to the growth of this segment.
In fiscal 2023, revenues increased in the Career Learning segment by 71% to $706 million and revenue per enrollment grew 16.3% to $8,885 year over year. Under this segment’s umbrella, Adult generated revenues of $119.2 million, portraying 30.3% year-over-year growth. Furthermore, the segment witnessed 57.3% enrollment growth (Adult not included) year over year, bringing the value to 65,900 students.
Zacks Rank
Stride currently carries a Zacks Rank #3 (Hold).
Key Picks
Some better-ranked stocks from the Consumer Discretionary sector are Royal Caribbean Cruises Ltd. (RCL - Free Report) , Live Nation Entertainment, Inc. (LYV - Free Report) and Strategic Education, Inc. (STRA - Free Report) .
Royal Caribbean presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
RCL has a trailing four-quarter earnings surprise of 28.5%, on average. The stock has surged 102.3% in the past year. The Zacks Consensus Estimate for RCL’s 2023 sales and earnings per share (EPS) indicates growth of 54.5% and 180.3%, respectively, from the year-ago period’s levels.
Live Nation presently sports a Zacks Rank of 1. LYV has a trailing four-quarter earnings surprise of 34.6%, on average. The stock has declined 11.5% in the past year.
The Zacks Consensus Estimate for LYV’s 2023 sales and EPS suggests rises of 21% and 57.8%, respectively, from the year-ago period’s levels.
Strategic Education currently sports a Zacks Rank of 1. STRA has a trailing four-quarter earnings surprise of 12.1%, on average. Shares of the company have increased 20.5% in the past year.
The Zacks Consensus Estimate for STRA’s 2023 sales and EPS implies improvements of 4.9% and 27.9%, respectively, from the year-ago period’s levels.