Grand Canyon Education (LOPE) to Release Earnings on Wednesday

Grand Canyon Education (NASDAQ:LOPE) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect Grand Canyon Education to post earnings of $2.93 per share and revenue of $289.62 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Grand Canyon Education Trading Up 0.4 %

Grand Canyon Education stock opened at $183.70 on Monday. The firm has a market cap of $5.35 billion, a P/E ratio of 24.14, a P/E/G ratio of 1.37 and a beta of 0.74. Grand Canyon Education has a 1-year low of $126.17 and a 1-year high of $185.52. The firm has a 50-day moving average of $169.40 and a 200-day moving average of $154.53.

Insider Buying and Selling at Grand Canyon Education

In other news, CTO Dilek Marsh sold 1,500 shares of Grand Canyon Education stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $166.07, for a total transaction of $249,105.00. Following the completion of the transaction, the chief technology officer now directly owns 21,174 shares in the company, valued at approximately $3,516,366.18. This trade represents a 6.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on LOPE shares. BMO Capital Markets lifted their price objective on Grand Canyon Education from $152.00 to $173.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Robert W. Baird boosted their price objective on shares of Grand Canyon Education from $170.00 to $186.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Barrington Research reaffirmed an “outperform” rating and issued a $180.00 target price on shares of Grand Canyon Education in a research report on Monday, January 27th. Finally, StockNews.com cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

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.