Shares of Grand Canyon Education, Inc. (NASDAQ:LOPE – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $213.3333.
Several research firms have issued reports on LOPE. BMO Capital Markets reaffirmed an “outperform” rating on shares of Grand Canyon Education in a research report on Thursday. Truist Financial began coverage on shares of Grand Canyon Education in a research note on Tuesday. They set a “buy” rating and a $200.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Grand Canyon Education in a report on Friday, April 10th. Finally, Barrington Research reiterated an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a research note on Thursday, April 16th.
Check Out Our Latest Stock Report on Grand Canyon Education
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Grand Canyon Education Trading Down 2.6%
Shares of LOPE stock opened at $148.59 on Tuesday. The firm’s fifty day moving average price is $163.39 and its two-hundred day moving average price is $164.67. Grand Canyon Education has a 1 year low of $145.00 and a 1 year high of $223.04. The firm has a market capitalization of $3.94 billion, a P/E ratio of 18.57, a PEG ratio of 1.00 and a beta of 0.56.
Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.08. Grand Canyon Education had a return on equity of 34.72% and a net margin of 19.54%.The company had revenue of $308.76 million during the quarter, compared to analysts’ expectations of $307.75 million. During the same quarter last year, the company earned $2.57 EPS. Grand Canyon Education’s revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, equities research analysts forecast that Grand Canyon Education will post 10.22 EPS for the current fiscal year.
About Grand Canyon Education
Grand Canyon Education, Inc provides a suite of higherâeducation services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and nonâtraditional learners.
Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.
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