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

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

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings results on Tuesday, February 13th. The company reported $2.77 earnings per share 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 return on equity of 31.75% and a net margin of 21.33%. 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 %

LOPE opened at $136.11 on Friday. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 20.02, a price-to-earnings-growth ratio of 1.17 and a beta of 0.60. The stock has a fifty day simple moving average of $132.77 and a two-hundred day simple moving average of $131.84. Grand Canyon Education has a 12-month low of $99.65 and a 12-month high of $144.94.

Insider Transactions at Grand Canyon Education

In other news, CTO Dilek Marsh sold 1,500 shares of the stock in a transaction on Monday, March 18th. The stock was sold at an average price of $132.65, for a total value of $198,975.00. Following the sale, the chief technology officer now directly owns 25,674 shares of the company’s stock, valued at $3,405,656.10. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

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

Grand Canyon Education Company Profile

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.