Grand Canyon Education (NASDAQ:LOPE - Get Free Report) had its price objective boosted by Barrington Research from $205.00 to $215.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage presently has an "outperform" rating on the stock. Barrington Research's price target points to a potential upside of 9.64% from the company's current price.
LOPE has been the subject of a number of other research reports. BMO Capital Markets boosted their price objective on shares of Grand Canyon Education from $181.00 to $202.00 and gave the company an "outperform" rating in a research report on Friday, February 21st. StockNews.com cut Grand Canyon Education from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th.
View Our Latest Report on Grand Canyon Education
Grand Canyon Education Price Performance
LOPE stock traded up $3.26 during trading on Wednesday, hitting $196.10. 334,003 shares of the stock traded hands, compared to its average volume of 180,636. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 1.42 and a beta of 0.80. Grand Canyon Education has a 1 year low of $130.69 and a 1 year high of $202.28. The firm's 50 day moving average is $174.72 and its two-hundred day moving average is $169.57.
Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $2.57 EPS for the quarter, beating the consensus estimate of $2.51 by $0.06. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%. The company had revenue of $289.31 million for the quarter, compared to analysts' expectations of $287.18 million. During the same period last year, the firm posted $2.35 earnings per share. Grand Canyon Education's revenue was up 5.3% compared to the same quarter last year. As a group, analysts anticipate that Grand Canyon Education will post 8.81 EPS for the current fiscal year.
Institutional Trading of Grand Canyon Education
Institutional investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its position in shares of Grand Canyon Education by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,225 shares of the company's stock valued at $692,000 after buying an additional 63 shares during the last quarter. Pallas Capital Advisors LLC increased its holdings in Grand Canyon Education by 5.0% in the 1st quarter. Pallas Capital Advisors LLC now owns 1,355 shares of the company's stock valued at $234,000 after acquiring an additional 65 shares during the last quarter. Diversified Trust Co lifted its stake in Grand Canyon Education by 5.4% in 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. Barclays PLC boosted its holdings in shares of Grand Canyon Education by 0.4% during the 3rd quarter. Barclays PLC now owns 18,977 shares of the company's stock valued at $2,692,000 after purchasing an additional 84 shares during the last quarter. Finally, NDVR Inc. lifted its position in shares of Grand Canyon Education by 5.1% in the fourth quarter. NDVR Inc. now owns 1,878 shares of the company's stock worth $308,000 after buying an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 94.17% of the company's stock.
About Grand Canyon Education
(
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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.
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