Capella Education Company (CPLA) Given Consensus Recommendation of “Hold” by Brokerages
Capella Education Company (NASDAQ:CPLA) has received an average recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $87.00.
A number of research firms have issued reports on CPLA. Zacks Investment Research raised shares of Capella Education from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. BidaskClub downgraded shares of Capella Education from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BMO Capital Markets reissued a “buy” rating and issued a $86.00 price objective on shares of Capella Education in a report on Monday, September 18th. Finally, Barrington Research cut their price objective on shares of Capella Education from $98.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, July 25th.
Capella Education (NASDAQ CPLA) traded down 0.22% on Wednesday, reaching $68.90. 21,800 shares of the company traded hands. The firm has a market cap of $804.20 million, a P/E ratio of 19.03 and a beta of 0.44. The stock has a 50-day moving average price of $67.97 and a 200-day moving average price of $80.25. Capella Education has a 52-week low of $58.29 and a 52-week high of $99.25.
Capella Education (NASDAQ:CPLA) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.10. The firm 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 10.49% and a return on equity of 20.23%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.93 EPS. Analysts anticipate that Capella Education will post $3.54 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, August 25th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Wednesday, August 23rd. Capella Education’s dividend payout ratio (DPR) is presently 42.38%.
In other news, CEO J Kevin Gilligan sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $82.18, for a total transaction of $164,360.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.56% of the company’s stock.
Several institutional investors have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Capella Education during the 2nd quarter worth approximately $447,000. Piedmont Investment Advisors LLC bought a new stake in shares of Capella Education during the 2nd quarter worth approximately $214,000. The Manufacturers Life Insurance Company lifted its holdings in shares of Capella Education by 2.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,873 shares of the company’s stock worth $759,000 after acquiring an additional 216 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Capella Education by 43.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 59,867 shares of the company’s stock worth $5,125,000 after acquiring an additional 18,081 shares during the period. Finally, State Street Corp lifted its holdings in shares of Capella Education by 4.8% during the 2nd quarter. State Street Corp now owns 314,850 shares of the company’s stock worth $26,957,000 after acquiring an additional 14,492 shares during the period. 91.54% of the stock is owned by institutional investors.
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Capella Education Company Profile
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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