Capella Education Co. (CPLA) Stock Rating Reaffirmed by Credit Suisse Group AG
Capella Education Co. (NASDAQ:CPLA)‘s stock had its “buy” rating reissued by investment analysts at Credit Suisse Group AG in a research note issued on Monday. They currently have a $70.00 target price on the stock. Credit Suisse Group AG’s target price indicates a potential upside of 21.42% from the stock’s previous close.
The analysts wrote, “We do not have data on CAH’s Lymphoseek sales, which are an immaterial part of its $130 billion in forecast FY17 revenues. However, the news highlights the company’s ability to deploy capital in what we see as NPV positive ways to boost shareholder returns and economic profit generation. CAH’s FY17 EPS guidance issued only six weeks ago with more conservative assumptions on drug price inflation year over year is more dependent on its ability to execute on a range of strategies like the Lymphoseek deal not tied to drug price inflation.””
CPLA has been the topic of a number of other research reports. Barrington Research boosted their target price on shares of Capella Education from $60.00 to $66.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 27th. Zacks Investment Research cut shares of Capella Education from a “buy” rating to a “hold” rating in a research note on Thursday, June 16th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $59.20.
Shares of Capella Education (NASDAQ:CPLA) opened at 57.65 on Monday. The company has a market cap of $666.61 million, a PE ratio of 17.88 and a beta of 1.10. The company has a 50 day moving average of $59.51 and a 200-day moving average of $54.59. Capella Education has a 52-week low of $39.06 and a 52-week high of $63.01.
Capella Education (NASDAQ:CPLA) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by $0.05. The firm earned $106.70 million during the quarter, compared to the consensus estimate of $105.93 million. Capella Education had a net margin of 9.12% and a return on equity of 20.80%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the business earned $0.83 earnings per share. Analysts forecast that Capella Education will post $3.49 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, August 26th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, August 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.71%. Capella Education’s dividend payout ratio (DPR) is presently 48.30%.
In other news, CEO J Kevin Gilligan sold 16,892 shares of Capella Education stock in a transaction on Friday, August 19th. The shares were sold at an average price of $59.23, for a total transaction of $1,000,513.16. Following the transaction, the chief executive officer now owns 69,705 shares in the company, valued at $4,128,627.15. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Darrell R. Tukua sold 5,000 shares of Capella Education stock in a transaction on Thursday, August 25th. The stock was sold at an average price of $61.23, for a total transaction of $306,150.00. The disclosure for this sale can be found here. Insiders own 6.50% of the company’s stock.
Several institutional investors have recently modified their holdings of the company. BlackRock Institutional Trust Company N.A. raised its position in Capella Education by 1.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 296,247 shares of the company’s stock valued at $15,594,000 after buying an additional 4,513 shares during the last quarter. Acadian Asset Management LLC raised its position in Capella Education by 1,464.3% in the first quarter. Acadian Asset Management LLC now owns 55,455 shares of the company’s stock valued at $2,919,000 after buying an additional 51,910 shares during the last quarter. State Street Corp raised its position in Capella Education by 0.7% in the first quarter. State Street Corp now owns 241,913 shares of the company’s stock valued at $12,735,000 after buying an additional 1,755 shares during the last quarter. Legal & General Group Plc raised its position in Capella Education by 32.8% in the first quarter. Legal & General Group Plc now owns 2,686 shares of the company’s stock valued at $141,000 after buying an additional 664 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its position in Capella Education by 0.5% in the first quarter. Glenmede Trust Co. NA now owns 5,664 shares of the company’s stock valued at $296,000 after buying an additional 26 shares during the last quarter. Institutional investors own 90.37% of the company’s stock.
Capella Education Company Profile
Capella Education Company is an online postsecondary education services company. The Company’s academic programs are delivered through its subsidiary, Capella University (the University), which is an online academic institution offering online postsecondary education services primarily to working adults.
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