Grand Canyon Education (LOPE) Scheduled to Post Quarterly Earnings on Tuesday

Grand Canyon Education (NASDAQ:LOPE) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $2.22 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings results on Tuesday, February 13th. The company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.72 by $0.05. The company had revenue of $278.28 million for the quarter, compared to analyst estimates of $275.00 million. Grand Canyon Education had a net margin of 21.33% and a return on equity of 31.75%. On average, analysts expect Grand Canyon Education to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Grand Canyon Education Trading Up 1.6 %

Shares of NASDAQ LOPE opened at $136.11 on Monday. Grand Canyon Education has a 12-month low of $99.65 and a 12-month high of $144.94. The company has a market cap of $4.05 billion, a PE ratio of 20.02, a P/E/G ratio of 1.19 and a beta of 0.60. The stock has a 50 day simple moving average of $132.77 and a 200-day simple moving average of $131.94.

Analysts Set New Price Targets

Separately, Barrington Research restated an “outperform” rating and set a $160.00 price objective on shares of Grand Canyon Education in a research note on Thursday, April 18th.

Insider Transactions at Grand Canyon Education

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of the company’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $132.65, for a total value of $198,975.00. Following the completion of the sale, the chief technology officer now directly owns 25,674 shares of the company’s stock, valued at approximately $3,405,656.10. 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.