Grand Canyon Education, Inc. (NASDAQ:LOPE – Free Report) – Equities researchers at Barrington Research decreased their FY2025 EPS estimates for shares of Grand Canyon Education in a research report issued to clients and investors on Thursday, February 20th. Barrington Research analyst A. Paris now anticipates that the company will earn $8.64 per share for the year, down from their prior estimate of $8.81. Barrington Research 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.
Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.93 by $0.02. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%. The firm had revenue of $292.57 million during the quarter, compared to the consensus estimate of $289.62 million.
Check Out Our Latest Research Report on Grand Canyon Education
Grand Canyon Education Price Performance
LOPE opened at $177.59 on Monday. Grand Canyon Education has a 12 month low of $126.17 and a 12 month high of $192.18. The stock has a market capitalization of $5.10 billion, a P/E ratio of 22.94, a P/E/G ratio of 1.42 and a beta of 0.74. The business has a 50 day simple moving average of $171.23 and a 200-day simple moving average of $156.03.
Insiders Place Their Bets
In related news, CTO Dilek Marsh sold 1,500 shares of Grand Canyon Education stock in a transaction that occurred on Wednesday, December 18th. The stock was 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 $3,516,366.18. The trade was a 6.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.00% of the stock is owned by company insiders.
Institutional Investors Weigh In On Grand Canyon Education
A number of large investors have recently bought and sold shares of the stock. Burgundy Asset Management Ltd. lifted its position in shares of Grand Canyon Education by 1.7% in the fourth quarter. Burgundy Asset Management Ltd. now owns 885,118 shares of the company’s stock valued at $144,982,000 after acquiring an additional 14,667 shares in the last quarter. CSS LLC IL raised its stake in Grand Canyon Education by 31.3% in the 4th quarter. CSS LLC IL now owns 2,814 shares of the company’s stock valued at $461,000 after purchasing an additional 670 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Grand Canyon Education by 14.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 114,793 shares of the company’s stock valued at $18,803,000 after purchasing an additional 14,624 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in shares of Grand Canyon Education during the 4th quarter worth about $7,713,000. Finally, Sovereign s Capital Management LLC purchased a new stake in shares of Grand Canyon Education during the fourth quarter worth about $5,206,000. Institutional investors and hedge funds own 94.17% of the company’s stock.
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.
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