Grand Canyon Education (NASDAQ:LOPE) Given Outperform Rating at Barrington Research

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

Several other analysts also recently weighed in on LOPE. Weiss Ratings downgraded Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 13th. Zacks Research downgraded shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Wall Street Zen lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Grand Canyon Education presently 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 $179.70 on Thursday. Grand Canyon Education has a 52-week low of $149.83 and a 52-week high of $223.04. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 1.19 and a beta of 0.75. The stock has a 50 day moving average price of $165.47 and a 200 day moving average price of $184.99.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 EPS for the quarter, hitting the consensus estimate of $1.78. The company had revenue of $261.14 million for the quarter, compared to the consensus estimate of $259.97 million. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.Grand Canyon Education’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the business posted $1.48 EPS. 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. Analysts forecast that Grand Canyon Education will post 8.81 earnings per share for the current year.

Institutional Trading of Grand Canyon Education

Hedge funds and other institutional investors have recently made changes to their positions in the business. Summit Global Investments lifted its holdings in shares of Grand Canyon Education by 39.6% in the 2nd quarter. Summit Global Investments now owns 12,190 shares of the company’s stock valued at $2,304,000 after buying an additional 3,460 shares during the period. Bank of New York Mellon Corp raised its position in Grand Canyon Education by 20.1% during the second quarter. Bank of New York Mellon Corp now owns 296,110 shares of the company’s stock valued at $55,965,000 after acquiring an additional 49,562 shares in the last quarter. Callan Family Office LLC purchased a new position in Grand Canyon Education during the second quarter valued at approximately $852,000. Acadian Asset Management LLC grew its stake in shares of Grand Canyon Education by 35.5% during the 2nd quarter. Acadian Asset Management LLC now owns 258,647 shares of the company’s stock worth $48,868,000 after purchasing an additional 67,782 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Grand Canyon Education during the 2nd quarter worth approximately $235,000. Hedge funds and other 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.