Barrington Research Reiterates "Outperform" Rating for Grand Canyon Education (NASDAQ:LOPE)

Key Points

• Barrington Research has reiterated an "outperform" rating for Grand Canyon Education (NASDAQ:LOPE) with a target price of $215.00, suggesting an 8.31% upside from the current stock price.
• Grand Canyon Education's stock recently increased by 15.4%, reaching a price of $198.51 during mid-day trading.
• The company reported earnings of $1.53 per share, exceeding the consensus estimate of $1.37, and noted an 8.8% year-over-year revenue growth to $247.50 million.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report)'s stock had its "outperform" rating reaffirmed by equities researchers at Barrington Research in a report issued on Thursday,Benzinga reports. They presently have a $215.00 price target on the stock. Barrington Research's target price would suggest a potential upside of 8.46% from the company's previous close. Barrington Research also issued estimates for Grand Canyon Education's Q3 2025 earnings at $1.78 EPS, Q4 2025 earnings at $3.19 EPS, FY2025 earnings at $9.07 EPS and FY2026 earnings at $10.09 EPS.

LOPE has been the topic of a number of other reports. BMO Capital Markets dropped their price objective on Grand Canyon Education from $222.00 to $210.00 and set an "outperform" rating on the stock in a research note on Monday, July 7th. Wall Street Zen downgraded Grand Canyon Education from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th.

Grand Canyon Education Price Performance

Shares of NASDAQ LOPE traded up $3.55 during mid-day trading on Thursday, hitting $198.23. 588,359 shares of the stock traded hands, compared to its average volume of 281,392. Grand Canyon Education has a twelve month low of $130.69 and a twelve month high of $202.28. The company has a market cap of $5.57 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 1.43 and a beta of 0.79. The firm has a 50 day simple moving average of $180.76 and a two-hundred day simple moving average of $179.82.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.16. The company had revenue of $247.50 million for the quarter, compared to the consensus estimate of $240.90 million. Grand Canyon Education had a return on equity of 31.50% and a net margin of 22.15%. Grand Canyon Education's revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $1.19 EPS. On average, equities research analysts anticipate that Grand Canyon Education will post 8.81 earnings per share for the current fiscal year.

Institutional Trading of Grand Canyon Education

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in Grand Canyon Education by 2.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,009 shares of the company's stock valued at $552,000 after buying an additional 59 shares in the last quarter. Pallas Capital Advisors LLC increased its holdings in Grand Canyon Education by 5.0% during the 1st quarter. Pallas Capital Advisors LLC now owns 1,355 shares of the company's stock worth $234,000 after purchasing an additional 65 shares in the last quarter. Cetera Investment Advisers increased its holdings in Grand Canyon Education by 0.4% during the 2nd quarter. Cetera Investment Advisers now owns 16,281 shares of the company's stock worth $3,077,000 after purchasing an additional 65 shares in the last quarter. Diversified Trust Co increased its holdings in Grand Canyon Education by 5.4% during the 1st quarter. Diversified Trust Co now owns 1,293 shares of the company's stock worth $224,000 after purchasing an additional 66 shares in the last quarter. Finally, Synovus Financial Corp increased its holdings in Grand Canyon Education by 2.8% during the 1st quarter. Synovus Financial Corp now owns 2,476 shares of the company's stock worth $428,000 after purchasing an additional 68 shares in the last quarter. 94.17% of the stock is owned by institutional investors.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.