Capella Education Given Hold Rating at Deutsche Bank (CPLA)
Capella Education (NASDAQ:CPLA)‘s stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Tuesday, Analyst Ratings Network reports. They currently have a $48.00 price objective on the stock. Deutsche Bank’s target price suggests a potential downside of 13.31% from the stock’s previous close.
Shares of Capella Education (NASDAQ:CPLA) traded down 3.84% during mid-day trading on Tuesday, hitting $55.37. 334,827 shares of the company’s stock traded hands. Capella Education has a 1-year low of $26.38 and a 1-year high of $58.31. The stock’s 50-day moving average is $54.2 and its 200-day moving average is $42.01. The company has a market cap of $686.1 million and a P/E ratio of 22.10.
Capella Education (NASDAQ:CPLA) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.40 by $0.08. The company had revenue of $100.70 million for the quarter, compared to the consensus estimate of $99.95 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. On average, analysts predict that Capella Education will post $2.68 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barrington Research raised their price target on shares of Capella Education to $65.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Zacks upgraded shares of Capella Education from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, September 3rd. They now have a $65.00 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Capella Education from $36.00 to $48.00 in a research note to investors on Wednesday, July 24th. They now have a “market perform” rating on the stock. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Capella Education presently has a consensus rating of “Buy” and an average price target of $50.33.
Capella Education Company is an online postsecondary education services company. Through its wholly owned subsidiary, Capella University, the Company offers a range of doctoral, master’s and bachelor’s programs in public service leadership, behavioral health and human services, business management and technology, and education.
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