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

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) is expected to post its quarterly earnings results 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. Parties that wish to register for the company's conference call can do so using this link.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.01. Grand Canyon Education had a return on equity of 31.01% and a net margin of 22.09%. The business had revenue of $238.30 million during the quarter, compared to analysts' expectations of $239.69 million. During the same quarter in the prior year, the firm earned $1.26 earnings per share. The business's revenue was up 7.4% compared to the same quarter last year. On average, analysts expect Grand Canyon Education to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Grand Canyon Education Stock Performance

Shares of LOPE traded down $1.12 during trading hours on Friday, hitting $180.45. 143,580 shares of the stock were exchanged, compared to its average volume of 128,255. The stock's 50-day moving average price is $167.66 and its two-hundred day moving average price is $153.28. Grand Canyon Education has a 12-month low of $118.48 and a 12-month high of $183.79. 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 1.33 and a beta of 0.74.

Analyst Ratings Changes

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

Insider Activity at Grand Canyon Education

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of the business's stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $166.07, for a total value of $249,105.00. Following the transaction, the chief technology officer now directly owns 21,174 shares in the company, valued at $3,516,366.18. The trade was a 6.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.00% of the stock is currently owned by insiders.

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.