Capella Education Co. (CPLA) Trading Up 3.7%
Capella Education Co. (NASDAQ:CPLA) was up 3.7% during trading on Friday . The stock traded as high as $62.71 and last traded at $62.13, with a volume of 64,447 shares changing hands. The stock had previously closed at $59.92.
Several equities research analysts have recently commented on CPLA shares. Credit Suisse Group AG reissued a “buy” rating on shares of Capella Education in a report on Wednesday, June 8th. Zacks Investment Research raised Capella Education from a “hold” rating to a “buy” rating and set a $62.00 price objective for the company in a report on Thursday, April 28th. Finally, Barrington Research raised their price target on Capella Education from $60.00 to $66.00 and gave the company an “outperform” rating in a report on Wednesday, July 27th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Capella Education presently has a consensus rating of “Buy” and a consensus target price of $56.60.
The stock’s 50 day moving average is $57.44 and its 200 day moving average is $52.24. The firm has a market capitalization of $717.60 million and a price-to-earnings ratio of 19.25.
Capella Education (NASDAQ:CPLA) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.82 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by $0.05. The firm earned $106.70 million during the quarter, compared to analysts’ expectations of $105.93 million. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period last year, the company posted $0.83 EPS. On average, analysts expect that Capella Education Co. will post $3.49 earnings per share for the current fiscal year.
The company also recently disclosed 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 of this dividend is Wednesday, August 24th. This represents a $1.56 annualized dividend and a dividend yield of 2.60%.
An institutional investor recently bought a new position in Capella Education stock. Matarin Capital Management LLC acquired a new stake in shares of Capella Education Co. (NASDAQ:CPLA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 121,041 shares of the company’s stock, valued at approximately $5,595,000. Matarin Capital Management LLC owned 1.02% of Capella Education as of its most recent filing with the SEC.
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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