Grand Canyon Education (NASDAQ:LOPE) Downgraded by Wall Street Zen to “Hold”

Grand Canyon Education (NASDAQ:LOPE) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other equities analysts have also recently commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Grand Canyon Education in a research report on Wednesday. Barrington Research reiterated an “outperform” rating and issued a $230.00 price objective on shares of Grand Canyon Education in a research note on Tuesday, October 21st. Finally, Zacks Research lowered Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Grand Canyon Education currently has an average rating of “Moderate Buy” and an average target price of $220.00.

Grand Canyon Education Trading Down 0.6%

LOPE opened at $166.10 on Friday. The stock’s 50-day moving average price is $207.04 and its 200 day moving average price is $193.66. Grand Canyon Education has a 12-month low of $153.82 and a 12-month high of $223.04. The firm has a market cap 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 (NASDAQ:LOPE) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.78. Grand Canyon Education had a net margin of 22.15% and a return on equity of 31.50%. The company had revenue of $261.14 million for the quarter, compared to analyst estimates of $259.97 million. During the same period in the prior year, the firm earned $1.48 earnings per share. The business’s revenue for the quarter 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. Q4 2025 guidance at 3.130-3.240 EPS. On average, research analysts forecast 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 modified their holdings of LOPE. OneDigital Investment Advisors LLC purchased a new position in Grand Canyon Education in the first quarter valued at $232,000. Nisa Investment Advisors LLC boosted its position in shares of 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 acquiring an additional 1,190 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Grand Canyon Education by 10.2% during the 1st quarter. Cerity Partners LLC now owns 24,145 shares of the company’s stock worth $4,178,000 after acquiring an additional 2,225 shares in the last quarter. State of Michigan Retirement System increased its holdings in shares of Grand Canyon Education by 1.5% in the 1st quarter. State of Michigan Retirement System now owns 6,859 shares of the company’s stock valued at $1,187,000 after acquiring an additional 100 shares during the last quarter. Finally, Stephens Inc. AR raised its position in shares of Grand Canyon Education by 26.7% during the 1st quarter. Stephens Inc. AR now owns 2,098 shares of the company’s stock worth $363,000 after acquiring an additional 442 shares in the last quarter. 94.17% of the stock is owned by hedge funds and other institutional investors.

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.