Grand Canyon Education Inc (NASDAQ: LOPE) has reported earnings for its third fiscal quarter (ending September 30) of $1.43 versus $1.20 for the same period a year ago — an increase of 19%. E.P.S. were $7.67 for the latest four quarters through September 30 versus $6.44 for the same period a year ago — an increase of 19%.
Recent Price Action
On 11/6/24, Grand Canyon Education Inc (NASDAQ: LOPE) stock enjoyed a major increase of 14.6%, closing at $160.15. Moreover, trading volume in this advance was exceptionally high at 433% of normal. The stock has performed in line with the market over the last nine months and has risen 17.5% 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 inconsistent signals. Grand Canyon Education has a poor Appreciation Score of 18 but a neutral Power Rating of 51, and the Negative Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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