Grand Canyon Education (NASDAQ:LOPE) Issues FY 2025 Earnings Guidance

Key Points

• Grand Canyon Education provided FY 2025 earnings guidance of $8.980-$9.140 EPS, outperforming the consensus estimate of $8.787, along with revenue guidance of $1.1 billion.
• In mid-day trading on Thursday, LOPE stock saw an increase of $23.90 to reach $195.95, with a market cap of $5.56 billion.
• Recent analysis from brokerages resulted in varying ratings for LOPE, with Wall Street Zen downgrading it from "buy" to "hold" while Barrington Research maintained an "outperform" rating with a price target of $215.00.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.980-9.140 for the period, compared to the consensus estimate of 8.787. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Grand Canyon Education also updated its Q3 2025 guidance to 1.750-1.800 EPS.

Grand Canyon Education Stock Performance

Shares of LOPE stock traded up $23.90 during mid-day trading on Thursday, hitting $195.95. 418,035 shares of the stock traded hands, compared to its average volume of 210,835. The firm has a market cap of $5.56 billion, a price-to-earnings ratio of 24.60, a price-to-earnings-growth ratio of 1.28 and a beta of 0.79. The company's 50-day simple moving average is $181.23 and its 200-day simple moving average is $179.52. Grand Canyon Education has a twelve month low of $130.69 and a twelve month high of $202.28.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.37 by $0.16. The firm had revenue of $247.50 million during the quarter, compared to analysts' expectations of $240.90 million. Grand Canyon Education had a return on equity of 30.94% and a net margin of 21.94%. The business's revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.19 earnings per share. Analysts forecast that Grand Canyon Education will post 8.81 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on LOPE. Wall Street Zen cut Grand Canyon Education from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Barrington Research restated an "outperform" rating and set a $215.00 price target on shares of Grand Canyon Education in a research note on Thursday. Finally, BMO Capital Markets lowered 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.

Hedge Funds Weigh In On Grand Canyon Education

Several institutional investors have recently modified their holdings of the business. Empowered Funds LLC grew its stake in Grand Canyon Education by 2.1% in the 1st quarter. Empowered Funds LLC now owns 7,925 shares of the company's stock valued at $1,371,000 after buying an additional 161 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Grand Canyon Education during the 1st quarter worth $229,000. NewEdge Advisors LLC lifted its position in shares of Grand Canyon Education by 4,339.5% during the 1st quarter. NewEdge Advisors LLC now owns 1,909 shares of the company's stock worth $330,000 after buying an additional 1,866 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Grand Canyon Education by 7.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 123,214 shares of the company's stock valued at $21,318,000 after acquiring an additional 8,421 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Grand Canyon Education by 14.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 115,508 shares of the company's stock valued at $19,985,000 after acquiring an additional 15,019 shares in the last quarter. Institutional investors own 94.17% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.