FY2025 EPS Estimates for LOPE Lowered by Barrington Research

Grand Canyon Education, Inc. (NASDAQ:LOPE) – Equities researchers at Barrington Research decreased their FY2025 earnings per share (EPS) estimates for shares of Grand Canyon Education in a report released 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 has a “Outperform” rating and a $205.00 price target 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) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.02. The business had revenue of $292.57 million during the quarter, compared to the consensus estimate of $289.62 million. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%.

A number of other equities analysts also recently weighed in on the company. StockNews.com raised Grand Canyon Education from a “hold” rating to a “buy” rating in a research report on Tuesday. BMO Capital Markets boosted their target price on Grand Canyon Education from $181.00 to $202.00 and gave the stock an “outperform” rating in a report on Friday, February 21st. Finally, Robert W. Baird increased their price target on Grand Canyon Education from $170.00 to $186.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th.

Grand Canyon Education Price Performance

Grand Canyon Education stock opened at $177.33 on Monday. The company’s 50-day moving average is $171.45 and its 200-day moving average is $156.27. The firm has a market capitalization of $5.09 billion, a PE ratio of 22.91, a P/E/G ratio of 1.42 and a beta of 0.74. Grand Canyon Education has a fifty-two week low of $126.17 and a fifty-two week high of $192.18.

Insider Transactions at Grand Canyon Education

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of the business’s 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 sale, the chief technology officer now directly owns 21,174 shares of the company’s stock, valued at $3,516,366.18. The trade was a 6.62 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LOPE. Creative Planning boosted its position in shares of Grand Canyon Education by 2.4% during the 3rd quarter. Creative Planning now owns 4,723 shares of the company’s stock valued at $670,000 after purchasing an additional 109 shares in the last quarter. Raymond James & Associates grew its position in shares of Grand Canyon Education by 9.8% during the 3rd quarter. Raymond James & Associates now owns 66,160 shares of the company’s stock worth $9,385,000 after buying an additional 5,902 shares during the period. International Assets Investment Management LLC increased its stake in shares of Grand Canyon Education by 14,085.2% in the 3rd quarter. International Assets Investment Management LLC now owns 21,136 shares of the company’s stock valued at $29,980,000 after acquiring an additional 20,987 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in shares of Grand Canyon Education by 1.8% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 8,267 shares of the company’s stock valued at $1,173,000 after acquiring an additional 146 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Grand Canyon Education by 33.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,162 shares of the company’s stock valued at $590,000 after acquiring an additional 1,039 shares during the period. Institutional investors 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.