Grand Canyon Education Inc (NASDAQ: LOPE) has reported E.P.S. of $2.31 for its first fiscal quarter (ending March 31) versus $1.96 for the same period a year ago — an increase of 18%. However, this result fell short of the consensus estimate of $2.50 by $-0.19. For the latest four quarters through March 31, E.P.S. were $7.20 versus $6.04 for the same period a year ago — an increase of 19%.
Recent Price Action
On 5/7/24, Grand Canyon Education Inc (NASDAQ: LOPE) stock increased 1.1%, closing at $139.78. Moreover, this advance was accompanied by unusually high trading volume at 193% of normal. Relative to the market the stock has been strong over the last nine months and has risen 5.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, LOPE is expected to continue to be a major Value Builder.
Grand Canyon Education has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Grand Canyon Education has a very low Appreciation Score of 14 but a good Power Rating of 71, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment