Share on StockTwits

Equities research analysts at CRT Capital increased their price objective on shares of Grand Canyon Education (NASDAQ:LOPE) from $63.00 to $65.50 in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. CRT Capital’s target price indicates a potential upside of 53.54% from the company’s current price.

Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Grand Canyon Education in a research note on Friday. They now have a $50.00 price target on the stock, up previously from $49.00. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Grand Canyon Education currently has an average rating of “Buy” and a consensus price target of $54.48.

Shares of Grand Canyon Education (NASDAQ:LOPE) traded down 1.62% during mid-day trading on Monday, hitting $41.97. 137,752 shares of the company’s stock traded hands. Grand Canyon Education has a 52 week low of $32.39 and a 52 week high of $51.12. The stock’s 50-day moving average is $45.5 and its 200-day moving average is $45.61. The company has a market cap of $1.915 billion and a price-to-earnings ratio of 20.42.

Grand Canyon Education (NASDAQ:LOPE) last released its earnings data on Thursday, July 31st. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.04. The company had revenue of $158.60 million for the quarter, compared to the consensus estimate of $156.18 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, analysts predict that Grand Canyon Education will post $2.22 earnings per share for the current fiscal year.

Provides online post-secondary education services focused on offering graduate and undergraduate degree programs in education, business, and healthcare.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.