ReutersReuters

Strategic Education hits near 4-yr high after earnings

** Strategic Education STRA shares up almost 16% at $116.63 after climbing to $116.88, highest level since Aug. 2020

** The education services company is on track for its biggest daily pct gain since Feb 29 after reporting Q1 EPS

** 4 analysts cover Strategic Education, with each holding either a "buy" or "strong buy" rating; median price target of $124.50 is up from $123.50 a month ago and $101.50 on Feb. 25

** STRA shares up nearly 26% YTD vs 3% decline in S&P 600 consumer discretionary sector (.SPSMCD)

** At yesterday's close the mean 12-month forward price-to-earnings ratio for STRA 20.51, 4.71% higher than it was at the end of last year

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