Grand Canyon Education (NASDAQ:LOPE) Stock Price Expected to Rise, Barrington Research Analyst Says

Grand Canyon Education (NASDAQ:LOPE) had its price objective increased by Barrington Research from $180.00 to $205.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Barrington Research’s price objective would suggest a potential upside of 12.82% from the company’s previous close. Barrington Research also issued estimates for Grand Canyon Education’s Q1 2025 earnings at $2.51 EPS, Q2 2025 earnings at $1.32 EPS, Q3 2025 earnings at $1.68 EPS, Q4 2025 earnings at $3.14 EPS and FY2026 earnings at $9.57 EPS.

LOPE has been the topic of a number of other research reports. StockNews.com cut Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. BMO Capital Markets boosted their price objective on Grand Canyon Education from $152.00 to $173.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, Robert W. Baird increased 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 report on Thursday, November 7th.

Grand Canyon Education Stock Performance

NASDAQ LOPE opened at $181.70 on Thursday. The company has a market capitalization of $5.30 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 1.39 and a beta of 0.74. Grand Canyon Education has a 52-week low of $126.17 and a 52-week high of $192.18. The company has a 50-day simple moving average of $170.74 and a 200 day simple moving average of $155.40.

Grand Canyon Education (NASDAQ:LOPE) 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. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.91%. The company had revenue of $292.57 million during the quarter, compared to analyst estimates of $289.62 million. As a group, analysts forecast that Grand Canyon Education will post 8.81 EPS for the current fiscal year.

Insider Transactions at Grand Canyon Education

In related news, CTO Dilek Marsh sold 1,500 shares of the stock in a transaction dated 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 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 document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Grand Canyon Education

Hedge funds and other institutional investors have recently modified their holdings of the stock. GeoWealth Management LLC bought a new position in shares of Grand Canyon Education in the fourth quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Grand Canyon Education in the 4th quarter worth approximately $27,000. Aster Capital Management DIFC Ltd bought a new position in Grand Canyon Education in the 4th quarter valued at $32,000. Reston Wealth Management LLC purchased a new position in shares of Grand Canyon Education during the 3rd quarter valued at $28,000. Finally, True Wealth Design LLC purchased a new stake in shares of Grand Canyon Education in the third quarter worth $31,000. 94.17% of the stock is currently owned by institutional investors.

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.