Capella Education Company (CPLA) Expected to Post FY2017 Earnings of $3.60 Per Share
Capella Education Company (NASDAQ:CPLA) – Investment analysts at Barrington Research boosted their FY2017 earnings per share estimates for shares of Capella Education in a research note issued on Monday. Barrington Research analyst A. Paris. Jr now expects that the company will post earnings of $3.60 per share for the year, up from their previous forecast of $3.56. Barrington Research currently has a “Market Perform” rating on the stock. Barrington Research also issued estimates for Capella Education’s Q4 2017 earnings at $1.00 EPS.
Several other equities analysts also recently commented on CPLA. BMO Capital Markets cut their price target on shares of Capella Education from $86.00 to $79.45 and set an “outperform” rating on the stock in a report on Wednesday, July 26th. Zacks Investment Research downgraded shares of Capella Education from a “hold” rating to a “strong sell” rating in a report on Thursday, July 27th. BidaskClub downgraded shares of Capella Education from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Piper Jaffray Companies reiterated a “hold” rating on shares of Capella Education in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Capella Education has a consensus rating of “Hold” and an average price target of $92.20.
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Shares of Capella Education (CPLA) opened at 80.90 on Wednesday. The company has a 50 day moving average price of $69.30 and a 200 day moving average price of $78.72. Capella Education has a 1-year low of $65.15 and a 1-year high of $99.25. The company has a market capitalization of $944.18 million, a PE ratio of 20.88 and a beta of 0.44.
Capella Education (NASDAQ:CPLA) last announced its quarterly earnings data on Monday, October 30th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.05. Capella Education had a return on equity of 19.46% and a net margin of 9.60%. The firm had revenue of $107.01 million for the quarter, compared to analysts’ expectations of $108.10 million. During the same period last year, the firm earned $0.81 earnings per share. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year.
The company also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, August 25th were issued a dividend of $0.41 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.64 annualized dividend and a yield of 2.01%. Capella Education’s payout ratio is 46.33%.
A number of large investors have recently modified their holdings of the stock. BlackRock Inc. grew its holdings in Capella Education by 1.8% during the 2nd quarter. BlackRock Inc. now owns 1,412,409 shares of the company’s stock valued at $120,903,000 after purchasing an additional 24,678 shares during the last quarter. Vanguard Group Inc. grew its stake in Capella Education by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 1,127,235 shares of the company’s stock worth $96,491,000 after acquiring an additional 15,769 shares in the last quarter. Renaissance Technologies LLC grew its stake in Capella Education by 2.0% in the 2nd quarter. Renaissance Technologies LLC now owns 946,425 shares of the company’s stock worth $81,014,000 after acquiring an additional 18,625 shares in the last quarter. Royce & Associates LP grew its stake in Capella Education by 5.1% in the 2nd quarter. Royce & Associates LP now owns 841,501 shares of the company’s stock worth $72,032,000 after acquiring an additional 41,100 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Capella Education by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 482,965 shares of the company’s stock worth $41,064,000 after acquiring an additional 5,937 shares in the last quarter. Institutional investors own 89.82% of the company’s stock.
About Capella Education
Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.
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