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

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $2.93 per share and revenue of $289.62 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Grand Canyon Education Price Performance

Shares of LOPE stock traded up $0.76 during trading hours on Friday, reaching $183.70. 150,330 shares of the company's stock were exchanged, compared to its average volume of 120,363. The company has a market cap of $5.35 billion, a P/E ratio of 24.14, a price-to-earnings-growth ratio of 1.37 and a beta of 0.74. The company's 50 day moving average is $169.40 and its two-hundred day moving average is $154.53. Grand Canyon Education has a 1 year low of $126.17 and a 1 year high of $185.52.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $166.07, for a total transaction of $249,105.00. Following the sale, the chief technology officer now owns 21,174 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.00% of the company's stock.

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.