Grand Canyon Education (LOPE) to Release Earnings on Wednesday

Grand Canyon Education (NASDAQ:LOPE) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $2.93 per share and revenue of $289.62 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Grand Canyon Education Price Performance

Shares of Grand Canyon Education stock opened at $182.00 on Wednesday. The company has a market capitalization of $5.31 billion, a P/E ratio of 23.92, a price-to-earnings-growth ratio of 1.37 and a beta of 0.74. The business has a 50-day moving average of $168.27 and a two-hundred day moving average of $153.73. Grand Canyon Education has a 1 year low of $118.48 and a 1 year high of $183.79.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. BMO Capital Markets lifted their price target on shares of Grand Canyon Education from $152.00 to $173.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. StockNews.com cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Robert W. Baird increased their target price on Grand Canyon Education from $170.00 to $186.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Barrington Research restated an “outperform” rating and issued a $180.00 price target on shares of Grand Canyon Education in a report on Monday, January 27th.

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 stock was sold at an average price of $166.07, for a total transaction of $249,105.00. Following the transaction, the chief technology officer now owns 21,174 shares of the company’s stock, valued at $3,516,366.18. The trade was a 6.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.00% 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.