Grand Canyon Education, Inc. (NASDAQ:LOPE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Grand Canyon Education, Inc. (NASDAQ:LOPE) has been given a consensus rating of “Moderate Buy” by the four ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $220.00.

A number of research analysts have commented on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Zacks Research lowered shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Grand Canyon Education in a research report on Wednesday. Finally, Wall Street Zen downgraded shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday.

Hedge Funds Weigh In On Grand Canyon Education

Several hedge funds have recently bought and sold shares of the company. KBC Group NV increased its stake in Grand Canyon Education by 24.4% during the first quarter. KBC Group NV now owns 1,447 shares of the company’s stock worth $250,000 after purchasing an additional 284 shares during the period. Calamos Advisors LLC grew its holdings in shares of Grand Canyon Education by 29.2% in the first quarter. Calamos Advisors LLC now owns 13,744 shares of the company’s stock valued at $2,378,000 after purchasing an additional 3,108 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new stake in Grand Canyon Education during the 1st quarter worth approximately $232,000. Crossmark Global Holdings Inc. lifted its holdings in Grand Canyon Education by 61.8% during the 1st quarter. Crossmark Global Holdings Inc. now owns 36,111 shares of the company’s stock worth $6,248,000 after buying an additional 13,789 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in Grand Canyon Education by 9.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 13,458 shares of the company’s stock worth $2,329,000 after buying an additional 1,190 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Grand Canyon Education Stock Performance

Shares of Grand Canyon Education stock opened at $166.10 on Friday. The stock has a 50 day moving average of $207.04 and a 200 day moving average of $193.80. The firm has a market capitalization of $4.67 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.50 and a beta of 0.74. Grand Canyon Education has a fifty-two week low of $153.82 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, meeting the consensus estimate of $1.78. The business had revenue of $261.14 million for the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a return on equity of 31.50% and a net margin of 22.15%.The company’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 EPS. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. Analysts forecast that Grand Canyon Education will post 8.81 EPS for the current year.

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.