Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Grand Canyon Education Inc (NASDAQ: LOPE) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 9/13/24, Grand Canyon Education Inc (NASDAQ: LOPE) stock increased 1.4%, closing at $143.13. Trading volume in this advance was normal. The stock has risen 0.7% during the last week and has been strong relative to the market over the last nine months.
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). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Grand Canyon Education has a poor Appreciation Score of 17 but a slightly positive Power Rating of 67, resulting in the Negative Value Trend Rating.
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