FY2025 EPS Estimates for LOPE Cut by Barrington Research

Grand Canyon Education, Inc. (NASDAQ:LOPE) – Investment analysts at Barrington Research reduced their FY2025 earnings estimates for Grand Canyon Education in a research report issued to clients and investors on Thursday, February 20th. Barrington Research analyst A. Paris now expects that the company will earn $8.64 per share for the year, down from their prior estimate of $8.81. Barrington Research currently has a “Outperform” rating and a $205.00 price objective on the stock. The consensus estimate for Grand Canyon Education’s current full-year earnings is $8.81 per share.

Several other brokerages also recently issued reports on LOPE. BMO Capital Markets increased their price objective on Grand Canyon Education from $181.00 to $202.00 and gave the stock an “outperform” rating in a research note on Friday, February 21st. Robert W. Baird increased their price target on shares of Grand Canyon Education from $170.00 to $186.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, StockNews.com upgraded shares of Grand Canyon Education from a “hold” rating to a “buy” rating in a report on Tuesday.

Grand Canyon Education Stock Down 0.1 %

Shares of NASDAQ LOPE opened at $177.33 on Monday. Grand Canyon Education has a 12 month low of $126.17 and a 12 month high of $192.18. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 22.91, a P/E/G ratio of 1.42 and a beta of 0.74. The business has a fifty day simple moving average of $171.45 and a 200-day simple moving average of $156.27.

Grand Canyon Education (NASDAQ:LOPE) last released its earnings results on Wednesday, February 19th. The company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.93 by $0.02. The firm had revenue of $292.57 million for the quarter, compared to analysts’ expectations of $289.62 million. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. GeoWealth Management LLC bought a new stake in Grand Canyon Education during the 4th quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Grand Canyon Education during the fourth quarter valued at approximately $27,000. Reston Wealth Management LLC acquired a new stake in shares of Grand Canyon Education in the third quarter valued at approximately $28,000. True Wealth Design LLC acquired a new stake in shares of Grand Canyon Education in the third quarter valued at approximately $31,000. Finally, Aster Capital Management DIFC Ltd bought a new position in Grand Canyon Education in the 4th quarter worth approximately $32,000. Institutional investors own 94.17% of the company’s stock.

Insider Activity

In other news, CTO Dilek Marsh sold 1,500 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $166.07, for a total value of $249,105.00. Following the completion of the transaction, the chief technology officer now directly owns 21,174 shares of the company’s stock, valued at approximately $3,516,366.18. This represents a 6.62 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.00% of the stock is currently owned by company insiders.

About Grand Canyon Education

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.