Barrington Research Equities Analysts Decrease Earnings Estimates for Capella Education Company (NASDAQ:CPLA)
Capella Education Company (NASDAQ:CPLA) – Stock analysts at Barrington Research cut their Q4 2017 earnings per share (EPS) estimates for shares of Capella Education in a research report issued to clients and investors on Tuesday. Barrington Research analyst A. Paris. Jr now forecasts that the company will post earnings per share of $1.06 for the quarter, down from their prior estimate of $1.12. Barrington Research has a “Outperform” rating and a $90.00 price objective on the stock.
Several other equities analysts have also recently commented on CPLA. Zacks Investment Research upgraded Capella Education from a “hold” rating to a “buy” rating and set a $97.00 target price for the company in a research note on Tuesday, April 18th. BMO Capital Markets reduced their target price on Capella Education from $86.00 to $79.45 and set an “outperform” rating for the company in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $87.69.
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Shares of Capella Education (NASDAQ CPLA) traded down 3.18% during mid-day trading on Thursday, hitting $71.60. 36,435 shares of the stock traded hands. The stock has a 50-day moving average of $86.13 and a 200 day moving average of $85.43. Capella Education has a one year low of $56.11 and a one year high of $99.25. The stock has a market cap of $829.70 million, a PE ratio of 18.85 and a beta of 0.53.
Capella Education (NASDAQ:CPLA) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.10. The business had revenue of $109.60 million during the quarter, compared to the consensus estimate of $109.89 million. Capella Education had a net margin of 10.31% and a return on equity of 21.04%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 EPS.
The firm also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Wednesday, May 24th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.22%. The ex-dividend date was Monday, May 22nd. Capella Education’s dividend payout ratio (DPR) is currently 43.27%.
In other news, Director Michael Linton sold 625 shares of the stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $94.23, for a total transaction of $58,893.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven L. Polacek sold 7,061 shares of the stock in a transaction that occurred on Thursday, May 4th. The shares were sold at an average price of $93.94, for a total value of $663,310.34. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 27,262 shares of company stock valued at $2,435,996. Company insiders own 3.56% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in CPLA. State Street Corp boosted its position in Capella Education by 8.8% in the fourth quarter. State Street Corp now owns 293,779 shares of the company’s stock valued at $25,794,000 after buying an additional 23,814 shares during the period. FMR LLC boosted its position in Capella Education by 21.4% in the fourth quarter. FMR LLC now owns 36,900 shares of the company’s stock valued at $3,240,000 after buying an additional 6,500 shares during the period. Guggenheim Capital LLC acquired a new position in Capella Education during the fourth quarter valued at approximately $1,219,000. Thrivent Financial for Lutherans boosted its position in Capella Education by 5.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 6,240 shares of the company’s stock valued at $548,000 after buying an additional 320 shares during the period. Finally, Norges Bank acquired a new position in Capella Education during the fourth quarter valued at approximately $25,219,000. Institutional investors own 91.30% of the company’s stock.
About Capella Education
Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.
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