Grand Canyon Education (LOPE) Projected to Post Earnings on Tuesday

Grand Canyon Education (NASDAQ:LOPE) is expected to be releasing its earnings data before the market opens on Tuesday, February 11th. Analysts expect Grand Canyon Education to post earnings of $2.93 per share and revenue of $289.43 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Grand Canyon Education Stock Down 0.6 %

Shares of Grand Canyon Education stock opened at $180.45 on Monday. Grand Canyon Education has a twelve month low of $118.48 and a twelve month high of $183.79. The company’s 50 day moving average is $167.98 and its 200 day moving average is $153.50. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 1.37 and a beta of 0.74.

Insider Transactions at Grand Canyon Education

In related news, CTO Dilek Marsh sold 1,500 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $166.07, for a total value of $249,105.00. Following the completion of the transaction, the chief technology officer now owns 21,174 shares of the company’s stock, valued at approximately $3,516,366.18. This represents a 6.62 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 2.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Barrington Research reissued an “outperform” rating and set a $180.00 price target on shares of Grand Canyon Education in a report on Monday, January 27th. BMO Capital Markets upped their price objective on Grand Canyon Education from $152.00 to $173.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Robert W. Baird raised their target price on Grand Canyon Education from $170.00 to $186.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, StockNews.com lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

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.