Grand Canyon Education (NASDAQ:LOPE) Cut to “Hold” at StockNews.com

2025-04-26T05:56:49Z

Grand Canyon Education (NASDAQ:LOPE – Get Free Report) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday. A number of other analysts have also weighed in on LOPE. Barrington Research rea…

Grand Canyon Education (NASDAQ:LOPE – Get Free Report) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

A number of other analysts have also weighed in on LOPE. Barrington Research reaffirmed an “outperform” rating and set a $205.00 price objective on shares of Grand Canyon Education in a research report on Tuesday, April 15th. BMO Capital Markets lifted their price objective on Grand Canyon Education from $181.00 to $202.00 and gave the company an “outperform” rating in a research note on Friday, February 21st.

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Grand Canyon Education Trading Up 0.4 %

Shares of NASDAQ LOPE opened at $175.64 on Thursday. The stock has a fifty day simple moving average of $173.79 and a 200-day simple moving average of $165.72. Grand Canyon Education has a twelve month low of $129.86 and a twelve month high of $192.18. The stock has a market capitalization of $5.05 billion, a PE ratio of 22.69, a PEG ratio of 1.42 and a beta of 0.82.

Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.02. The business had revenue of $292.57 million for the quarter, compared to analysts’ expectations of $289.62 million. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%. On average, equities analysts predict that Grand Canyon Education will post 8.81 earnings per share for the current year.

Institutional Investors Weigh In On Grand Canyon Education

Institutional investors have recently modified their holdings of the company. KBC Group NV raised its stake in Grand Canyon Education by 24.4% in the first quarter. KBC Group NV now owns 1,447 shares of the company’s stock valued at $250,000 after buying an additional 284 shares in the last quarter. Lisanti Capital Growth LLC acquired a new stake in shares of Grand Canyon Education during the 1st quarter worth about $1,334,000. Convergence Financial LLC purchased a new stake in Grand Canyon Education during the first quarter worth approximately $249,000. Diversified Trust Co boosted its holdings in Grand Canyon Education by 5.4% in the first quarter. Diversified Trust Co now owns 1,293 shares of the company’s stock valued at $224,000 after purchasing an additional 66 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in Grand Canyon Education by 244.2% in the first quarter. Bessemer Group Inc. now owns 716 shares of the company’s stock valued at $124,000 after purchasing an additional 508 shares during the last quarter. 94.17% of the stock is owned by hedge funds and other institutional investors.

Grand Canyon Education Company Profile

(Get Free Report)

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.