Grand Canyon Education’s (LOPE) Outperform Rating Reiterated at Barrington Research

Barrington Research reissued their outperform rating on shares of Grand Canyon Education (NASDAQ:LOPE) in a research report released on Thursday morning,Benzinga reports. Barrington Research currently has a $230.00 target price on the stock.

A number of other analysts also recently issued reports on LOPE. Weiss Ratings downgraded Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 13th. Zacks Research downgraded shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Wall Street Zen cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Grand Canyon Education Stock Performance

Shares of NASDAQ:LOPE opened at $177.99 on Thursday. The firm has a market cap of $4.98 billion, a price-to-earnings ratio of 23.99, a P/E/G ratio of 1.17 and a beta of 0.75. The firm has a fifty day moving average price of $165.67 and a 200 day moving average price of $185.02. Grand Canyon Education has a fifty-two week low of $149.83 and a fifty-two week high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 EPS for the quarter, hitting the consensus estimate of $1.78. Grand Canyon Education had a net margin of 19.38% and a return on equity of 32.41%. The business had revenue of $261.14 million for the quarter, compared to analysts’ expectations of $259.97 million. During the same quarter in the previous year, the company earned $1.48 EPS. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS and its Q4 2025 guidance at 3.130-3.240 EPS. As a group, research analysts predict that Grand Canyon Education will post 8.81 earnings per share for the current year.

Institutional Investors Weigh In On Grand Canyon Education

Several institutional investors have recently made changes to their positions in the company. Mather Group LLC. purchased a new position in shares of Grand Canyon Education during the 3rd quarter worth about $29,000. Manning & Napier Advisors LLC bought a new position in shares of Grand Canyon Education during the third quarter valued at approximately $32,000. True Wealth Design LLC raised its holdings in shares of Grand Canyon Education by 46.0% in the third quarter. True Wealth Design LLC now owns 203 shares of the company’s stock worth $45,000 after buying an additional 64 shares during the period. IFP Advisors Inc raised its holdings in shares of Grand Canyon Education by 2,172.7% in the second quarter. IFP Advisors Inc now owns 250 shares of the company’s stock worth $47,000 after buying an additional 239 shares during the period. Finally, Employees Retirement System of Texas bought a new stake in shares of Grand Canyon Education during the 3rd quarter worth approximately $48,000. Institutional investors own 94.17% of the company’s stock.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.

Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.