Capella Education Company (CPLA) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Capella Education Company (NASDAQ:CPLA) have received a consensus recommendation of “Hold” from the six brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $85.36.
A number of research firms recently commented on CPLA. BidaskClub lowered Capella Education from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. BMO Capital Markets decreased their price target on Capella Education from $86.00 to $79.45 and set an “outperform” rating on the stock in a research report on Wednesday, July 26th. Barrington Research decreased their price target on Capella Education from $98.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 25th. Finally, Zacks Investment Research lowered Capella Education from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 27th.
Shares of Capella Education (NASDAQ:CPLA) traded up 0.44% during mid-day trading on Friday, hitting $68.20. The company had a trading volume of 80,559 shares. The firm has a market cap of $795.96 million, a PE ratio of 17.60 and a beta of 0.47. Capella Education has a 12-month low of $56.88 and a 12-month high of $99.25. The firm’s 50 day moving average is $67.32 and its 200-day moving average is $81.42.
Capella Education (NASDAQ:CPLA) last released its quarterly earnings data on Tuesday, July 25th. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.10. The company had revenue of $109.60 million for the quarter, compared to analyst estimates of $109.89 million. Capella Education had a return on equity of 20.23% and a net margin of 10.49%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS. On average, equities analysts expect that Capella Education will post $3.54 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, August 25th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.40%. Capella Education’s dividend payout ratio (DPR) is presently 42.38%.
In related news, CEO J Kevin Gilligan sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $85.58, for a total transaction of $171,160.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders have sold 12,000 shares of company stock worth $1,022,300. 3.56% of the stock is owned by corporate insiders.
Large investors have recently bought and sold shares of the business. Riverhead Capital Management LLC lifted its holdings in Capella Education by 105.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,232 shares of the company’s stock worth $105,000 after buying an additional 632 shares in the last quarter. Flinton Capital Management LLC lifted its holdings in Capella Education by 76.9% during the 2nd quarter. Flinton Capital Management LLC now owns 1,564 shares of the company’s stock worth $134,000 after buying an additional 680 shares in the last quarter. Royal Bank of Canada lifted its holdings in Capella Education by 371.6% during the 2nd quarter. Royal Bank of Canada now owns 1,924 shares of the company’s stock worth $164,000 after buying an additional 1,516 shares in the last quarter. Bank of Montreal Can lifted its holdings in Capella Education by 38.8% during the 1st quarter. Bank of Montreal Can now owns 1,952 shares of the company’s stock worth $166,000 after buying an additional 546 shares in the last quarter. Finally, Parallax Volatility Advisers L.P. acquired a new position in Capella Education during the 2nd quarter worth $178,000. 91.57% of the stock is currently owned by hedge funds and other institutional investors.
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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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