Grand Canyon Education (NASDAQ:LOPE) Stock Rating Lowered by Wall Street Zen

by · The Cerbat Gem

Grand Canyon Education (NASDAQ:LOPE – Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Several other research firms also recently weighed in on LOPE. Weiss Ratings reiterated a “buy (b)” rating on shares of Grand Canyon Education in a report on Wednesday. Barrington Research reaffirmed an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Finally, Zacks Research lowered shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Get Our Latest Report on Grand Canyon Education

Grand Canyon Education Trading Down 0.6%

NASDAQ:LOPE opened at $166.10 on Friday. The stock has a 50 day moving average of $207.04 and a two-hundred day moving average of $193.93. Grand Canyon Education has a 12 month low of $153.82 and a 12 month high of $223.04. The firm has a market cap of $4.65 billion, a P/E ratio of 20.11, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74.

Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 EPS for the quarter, hitting the consensus estimate of $1.78. The firm had revenue of $261.14 million during the quarter, compared to analysts’ expectations of $259.97 million. Grand Canyon Education had a return on equity of 31.50% and a net margin of 22.15%.The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.48 earnings per share. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. On average, research analysts forecast that Grand Canyon Education will post 8.81 earnings per share for the current year.

Hedge Funds Weigh In On Grand Canyon Education

Several large investors have recently bought and sold shares of the business. SVB Wealth LLC acquired a new position in shares of Grand Canyon Education during the 1st quarter worth about $26,000. Mather Group LLC. purchased a new stake in Grand Canyon Education in the third quarter valued at $29,000. Manning & Napier Advisors LLC purchased a new position in shares of Grand Canyon Education during the third quarter worth about $32,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Grand Canyon Education in the 1st quarter valued at about $35,000. Finally, WPG Advisers LLC acquired a new stake in shares of Grand Canyon Education in the 1st quarter valued at about $44,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Grand Canyon Education Company Profile

(Get Free Report)

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.

Recommended Stories