Shares of Grand Canyon Education Inc (NASDAQ:LOPE) have been assigned an average rating of “Hold” from the eight analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $107.67.

Several equities research analysts have weighed in on the stock. TheStreet upgraded shares of Grand Canyon Education from a “c+” rating to a “b-” rating in a research note on Wednesday, May 20th. Zacks Investment Research upgraded shares of Grand Canyon Education from a “sell” rating to a “hold” rating in a research note on Wednesday. Barrington Research restated a “buy” rating and issued a $110.00 target price on shares of Grand Canyon Education in a research note on Friday, May 8th. BMO Capital Markets raised their target price on shares of Grand Canyon Education from $95.00 to $102.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Robert W. Baird lowered their target price on shares of Grand Canyon Education from $118.00 to $111.00 and set an “outperform” rating for the company in a research note on Monday, March 16th.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. FDx Advisors Inc. raised its holdings in shares of Grand Canyon Education by 3.7% in the first quarter. FDx Advisors Inc. now owns 3,979 shares of the company’s stock worth $304,000 after buying an additional 141 shares during the last quarter. NEXT Financial Group Inc grew its stake in Grand Canyon Education by 6.2% during the 1st quarter. NEXT Financial Group Inc now owns 2,463 shares of the company’s stock valued at $188,000 after acquiring an additional 143 shares in the last quarter. Assetmark Inc. grew its stake in Grand Canyon Education by 24.4% during the 4th quarter. Assetmark Inc. now owns 922 shares of the company’s stock valued at $88,000 after acquiring an additional 181 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Grand Canyon Education by 3.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,317 shares of the company’s stock valued at $406,000 after acquiring an additional 182 shares in the last quarter. Finally, People s United Financial Inc. grew its stake in Grand Canyon Education by 5.2% during the 1st quarter. People s United Financial Inc. now owns 3,745 shares of the company’s stock valued at $286,000 after acquiring an additional 185 shares in the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ LOPE traded up $2.13 during midday trading on Friday, reaching $87.20. 367,700 shares of the company’s stock traded hands, compared to its average volume of 321,166. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.09. The stock’s 50 day simple moving average is $95.01 and its 200-day simple moving average is $86.76. Grand Canyon Education has a one year low of $57.89 and a one year high of $132.72. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 15.49, a P/E/G ratio of 1.06 and a beta of 0.62.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.50 by $0.03. The firm had revenue of $221.70 million for the quarter, compared to the consensus estimate of $220.44 million. Grand Canyon Education had a net margin of 32.04% and a return on equity of 18.85%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period last year, the firm earned $1.62 earnings per share. Equities analysts predict that Grand Canyon Education will post 5.34 EPS for the current fiscal year.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides education services in the United States. It offers technology and academic, counseling and support, and marketing and communication services, as well as back office services, such as financial aid processing, accounting, reporting, tax, human resources, and procurement services to the Grand Canyon University.

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