Grand Canyon Education Inc (NASDAQ: LOPE) has reported E.P.S. of $1.19 for its second fiscal quarter (ending June 30) versus $0.96 for the same period a year ago — an increase of 24%. Relative to the consensus estimate of $1.10, this was a premium of $0.09. For the latest four quarters through June 30, E.P.S. were $7.43 compared to $6.20 a year ago — an increase of 20%.
Recent Price Action
Grand Canyon Education Inc (NASDAQ: LOPE) stock closed at $147.39 on 8/6/24 after a slight gain of 0.03%. Trading volume in this advance was normal. The stock has declined -3.6% during the last week and has performed in line with 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Grand Canyon Education has a very low Appreciation Score of 13 but a neutral Power Rating of 59, 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.
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