News headlines about Grand Canyon Education (NASDAQ:LOPE) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Grand Canyon Education earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.8822245211005 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of analysts have recently commented on LOPE shares. Barrington Research reissued a “buy” rating and set a $115.00 target price on shares of Grand Canyon Education in a research note on Tuesday, March 6th. ValuEngine raised shares of Grand Canyon Education from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research raised shares of Grand Canyon Education from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a research note on Friday, December 15th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $102.00 price objective on shares of Grand Canyon Education in a research note on Monday, December 4th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $100.00 price objective on shares of Grand Canyon Education in a research note on Friday, December 1st. Five analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Grand Canyon Education currently has a consensus rating of “Buy” and a consensus target price of $109.60.
Shares of Grand Canyon Education stock traded up $0.40 during midday trading on Monday, reaching $105.73. 221,099 shares of the company traded hands, compared to its average volume of 259,704. Grand Canyon Education has a one year low of $66.34 and a one year high of $109.82. The stock has a market cap of $5,086.63, a PE ratio of 25.11, a PEG ratio of 1.55 and a beta of 1.26. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.57 and a current ratio of 1.57.
Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.09. Grand Canyon Education had a net margin of 20.87% and a return on equity of 21.20%. The company had revenue of $271.42 million during the quarter, compared to analysts’ expectations of $268.42 million. During the same quarter in the prior year, the company earned $1.01 EPS. Grand Canyon Education’s revenue was up 10.9% compared to the same quarter last year. research analysts anticipate that Grand Canyon Education will post 4.7 earnings per share for the current fiscal year.
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About Grand Canyon Education
Grand Canyon Education, Inc is engaged in the provision of postsecondary education. The Company is a regionally accredited university. The Company offers the degrees, including Doctor of Education, Doctor of Business Administration, Doctor of Nursing Practice, Doctor of Philosophy, Education Specialist, Master of Divinity, Master of Arts, Master of Education, Master of Business Administration and Master of Public Administration, Master of Public Health, Master of Science, Bachelor of Arts, Bachelor of Science, and a range of programs for its degrees.
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