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MarketScreener Homepage  >  Equities  >  Nyse  >  K12 Inc.    LRN

K12 INC.

(LRN)
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K12 : Minnesota Virtual Academy Kicks Off 2017-2018 School Year September 5th

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08/31/2017 | 11:46am EDT

Online Students Can Begin Post-Secondary Pursuits While in High School

Students and teachers at Minnesota Virtual Academy (MNVA), an online public school program of the Houston Public School District, start classes on Sept. 5th. A full-time, tuition-free school of choice available to students in grades K-12, MNVA provides families throughout Minnesota with an innovative option to pursue their academic goals.

“We aim to help our students discover and develop to their greatest potential,” says head of school Krin Abraham. “As an online school, we offer the flexibility to do that in a unique environment that works for them.”

Students at MNVA tackle a full course load of the core subjects of math, science, English/language arts and history, as well as a host of electives and Advanced Placement® classes in high school.

For students looking to advance their post-secondary studies while still in high school, eligible MNVA students may take courses tuition-free at a local community college or university through the state’s Post-Secondary Enrollment Options (PSEO) program. The program allows 10th-, 11th- and 12th-grade students to earn both high school and college credit while still in high school, through enrollment in and successful completion of college nonsectarian courses at eligible participating postsecondary institutions. For students who begin the PSEO program full-time in their junior year, it is possible to graduate from high school with enough college credits for an Associate’s degree.

MNVA classes are delivered in live, online sessions by Minnesota-certified teachers, and through virtual Class Connect sessions where students can work together with their peers. Lessons are integrated across the curriculum, so students may apply what they are learning in one class to the lessons they encounter in another.

The virtual classroom allows students to pursue their courses at a pace that meets their needs and talents. Advanced learners can progress more quickly through their lessons, while those needing additional support can get what they need from teachers in class or during one-to-one online meetings.

Enrollment is still open for the 2017-18 school year. For more information visit http://mnva.k12.com/how-enroll. Learn more about MNVA from teachers and school leaders at an upcoming online or in-person information session, at http://mnva.k12.com/events-calendar.html.

About Minnesota Virtual Academy

Minnesota Virtual Academy (MNVA) is an accredited, online public school program of Houston Public Schools that serves students in grades K through 12. As part of the Minnesota public school system, MNVA is tuition-free, giving parents and families the choice to access the curriculum and tools provided by K12 Inc. (NYSE: LRN), the nation’s leading provider of proprietary K-12 curriculum and online education programs. For more information about MNVA, visit http://mnva.k12.com/.

About K12, Inc.

K12 Inc. (NYSE: LRN) is driving innovation and advancing the quality of education by delivering digital learning platforms and technology to students and school districts across the globe. K12’s curriculum services over 2,000 schools and school districts and has delivered more than four million courses over the past decade. K12 is a company consisting of thousands of online school educators providing instruction, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and directly to families. The K12 program is offered in more than seventy K12 partner public schools across the country, and through private schools serving students in all 50 states and more than 100 countries. More information can be found at K12.com.


© Business Wire 2017
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Financials (USD)
Sales 2020 1 033 M - -
Net income 2020 21,0 M - -
Net cash 2020 139 M - -
P/E ratio 2020 87,5x
Yield 2020 -
Capitalization 1 792 M 1 792 M -
EV / Sales 2020 1,60x
EV / Sales 2021 1,25x
Nbr of Employees 4 550
Free-Float 85,2%
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Mean consensus BUY
Number of Analysts 5
Average target price 50,00 $
Last Close Price 45,49 $
Spread / Highest target 31,9%
Spread / Average Target 9,91%
Spread / Lowest Target -12,1%
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NameTitle
Nathaniel A. Davis Executive Chairman & Chief Executive Officer
Timothy J. Medina Chief Financial Officer & Executive Vice President
James Jeaho Rhyu President-Strategy, Marketing & Technology
Rob Banwarth Chief Information Officer & Senior Vice President
Steven Bryan Fink Independent Director
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