Capella Education (CPLA) Announces Quarterly Results
Capella Education (NASDAQ:CPLA) released its earnings data on Tuesday. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.76 by $0.03, American Banking News.com reports. The company had revenue of $106.00 million for the quarter, compared to the consensus estimate of $106.44 million.
On a related note, analysts at Zacks downgraded shares of Capella Education from an “outperform” rating to a “neutral” rating in a research note on Friday, November 29th. They now have a $69.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $57.00.
Shares of Capella Education (NASDAQ:CPLA) opened at 66.31 on Tuesday. Capella Education has a 1-year low of $28.49 and a 1-year high of $73.00. The stock’s 50-day moving average is $66.21 and its 200-day moving average is $60.90. The company has a market cap of $821.7 million and a price-to-earnings ratio of 24.68.
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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